(SHILPAMED) Shilpa Medicare complete technical analysis [charts+indicators] | Buy/Sell Shilpa Medicare | (SHILPAMED) share price targets
Complete technical analysis of Shilpa Medicare (SHILPAMED) by charts plus indicators, forecast predictions and share price targets for Shilpa Medicare (SHILPAMED)
Shilpa Medicare trades in NSE in Pharmaceuticals sector.
10 day averaged volume of Shilpa Medicare is 354556
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 357.80 | 367.40 | 367.40 | 356.40 | 0.379 times |
30 Thu Nov 2023 | 365.40 | 364.65 | 367.65 | 358.00 | 0.517 times |
29 Wed Nov 2023 | 364.95 | 368.40 | 372.00 | 361.15 | 0.615 times |
28 Tue Nov 2023 | 366.70 | 371.45 | 374.70 | 364.90 | 0.637 times |
24 Fri Nov 2023 | 368.50 | 379.65 | 381.25 | 367.00 | 0.863 times |
23 Thu Nov 2023 | 378.25 | 372.70 | 397.00 | 372.25 | 2.947 times |
22 Wed Nov 2023 | 370.50 | 374.00 | 378.00 | 369.00 | 0.437 times |
21 Tue Nov 2023 | 374.40 | 367.35 | 378.00 | 366.20 | 0.669 times |
20 Mon Nov 2023 | 367.25 | 376.00 | 378.45 | 364.85 | 1.029 times |
17 Fri Nov 2023 | 375.90 | 372.00 | 382.00 | 366.20 | 0.77 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 360, but if it comes above 360, then a intra day buy could be more profitable.
If you take a sell trade below 360, then use 360 as stoploss and 351.3 as target. However if you take a buy trade in stock , then use 360 as stoploss and 367.35 as target.
Share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Target | 296.80 |
Downside Target | 325.05 |
Downside Target | 331.70 |
Downside Target | 344.95 |
Downside Target | 356.40 |
Upside Target | 374.70 |
Upside Target | 382.00 |
Upside Target | 384.00 |
Upside Target | 384.50 |
Upside Target | 389.05 |
Upside Target | 397.00 |
Intraday share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Intraday Target | 351.23 |
Downside Intraday Target | 344.67 |
Upside Intraday Target | 369.53 |
Upside Intraday Target | 381.27 |
Upside Intraday Target | 362.97 |
Weekly technical analysis of Shilpa Medicare (SHILPAMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 357.80 | 371.45 | 374.70 | 356.40 | 0.361 times |
24 Fri Nov 2023 | 368.50 | 376.00 | 397.00 | 364.85 | 0.89 times |
17 Fri Nov 2023 | 375.90 | 377.00 | 389.05 | 361.10 | 0.803 times |
10 Fri Nov 2023 | 373.75 | 360.00 | 384.00 | 348.70 | 2.24 times |
03 Fri Nov 2023 | 359.20 | 339.00 | 363.90 | 331.70 | 1.431 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shilpa Medicare (SHILPAMED)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Fri Dec 2023 | 357.80 | 367.40 | 367.40 | 356.40 | 0.016 times |
30 Thu Nov 2023 | 365.40 | 353.60 | 397.00 | 347.50 | 1.875 times |
31 Tue Oct 2023 | 354.05 | 361.00 | 366.50 | 296.80 | 0.909 times |
29 Fri Sep 2023 | 358.60 | 371.30 | 382.00 | 344.95 | 0.278 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shilpa Medicare (SHILPAMED)
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shilpa Medicare in short term but the sell signal is initial and weak.
Shilpa Medicare Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shilpa Medicare in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shilpa Medicare is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 371.77 and Shilpa Medicare (SHILPAMED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shilpa Medicare in short term but the sell signal is initial and weak.
Shilpa Medicare Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shilpa Medicare in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shilpa Medicare is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 371.77 and Shilpa Medicare (SHILPAMED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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