(SHALPAINTS) Shalimar Paints complete technical analysis [charts+indicators] | Buy/Sell Shalimar Paints | (SHALPAINTS) share price targets
Complete technical analysis of Shalimar Paints (SHALPAINTS) by charts plus indicators, forecast predictions and share price targets for Shalimar Paints (SHALPAINTS)
Shalimar Paints trades in NSE in Furniture-Furnishing-Paints sector.
Showing technical analysis as on 2024-03-11 View latest technical analysis
10 day averaged volume of Shalimar Paints is 611646
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 178.25 | 180.55 | 184.85 | 176.00 | 0.327 times |
07 Thu Mar 2024 | 180.40 | 184.30 | 188.50 | 179.10 | 0.558 times |
06 Wed Mar 2024 | 184.55 | 192.50 | 195.25 | 182.95 | 0.699 times |
05 Tue Mar 2024 | 194.85 | 195.00 | 198.90 | 190.00 | 1.503 times |
04 Mon Mar 2024 | 193.65 | 176.65 | 199.80 | 176.25 | 2.681 times |
02 Sat Mar 2024 | 178.05 | 174.00 | 180.85 | 172.35 | 0.205 times |
01 Fri Mar 2024 | 172.25 | 173.50 | 178.00 | 169.65 | 0.595 times |
29 Thu Feb 2024 | 173.45 | 172.95 | 178.05 | 169.35 | 0.841 times |
28 Wed Feb 2024 | 173.00 | 180.90 | 182.35 | 165.00 | 1.206 times |
27 Tue Feb 2024 | 180.35 | 195.45 | 195.45 | 178.85 | 1.17 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 179.2, but if it comes above 179.2, then a intra day buy could be more profitable.
If you take a sell trade below 179.2, then use 179.2 as stoploss and 167.7 as target. However if you take a buy trade in stock , then use 179.2 as stoploss and 188.76 as target.
Share price targets for Shalimar Paints (SHALPAINTS)
Target Type | Value |
Downside Target | 165.00 |
Downside Target | 169.25 |
Downside Target | 176.00 |
Upside Target | 184.30 |
Upside Target | 192.75 |
Upside Target | 198.00 |
Upside Target | 199.80 |
Upside Target | 200.00 |
Upside Target | 200.80 |
Upside Target | 210.15 |
Upside Target | 214.25 |
Upside Target | 224.15 |
Intraday share price targets for Shalimar Paints (SHALPAINTS)
Target Type | Value |
Downside Intraday Target | 174.55 |
Downside Intraday Target | 170.85 |
Upside Intraday Target | 183.4 |
Upside Intraday Target | 188.55 |
Upside Intraday Target | 179.7 |
Weekly technical analysis of Shalimar Paints (SHALPAINTS)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 178.25 | 180.55 | 184.85 | 176.00 | 0.06 times |
07 Thu Mar 2024 | 180.40 | 176.65 | 199.80 | 176.25 | 1.194 times |
02 Sat Mar 2024 | 178.05 | 195.60 | 198.00 | 165.00 | 1.895 times |
23 Fri Feb 2024 | 195.60 | 198.00 | 200.00 | 192.75 | 0.784 times |
16 Fri Feb 2024 | 196.50 | 198.70 | 200.80 | 193.10 | 0.587 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 Shalimar Paints (SHALPAINTS)
Date | Monthly Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 178.25 | 173.50 | 199.80 | 169.65 | 0.416 times |
29 Thu Feb 2024 | 173.45 | 201.90 | 210.15 | 165.00 | 0.515 times |
31 Wed Jan 2024 | 200.80 | 177.70 | 224.15 | 177.00 | 0.621 times |
29 Fri Dec 2023 | 177.70 | 171.15 | 214.25 | 169.25 | 8.939 times |
Scroll below to view daily charts
Price has moved up 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 Shalimar Paints (SHALPAINTS)
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short 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 Shalimar Paints ( (SHALPAINTS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short to mid 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.
Shalimar Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shalimar Paints in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shalimar Paints is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 184.42 and Shalimar Paints (SHALPAINTS) 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 Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.
Shalimar Paints Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short 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 Shalimar Paints ( (SHALPAINTS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short to mid 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.
Shalimar Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shalimar Paints in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shalimar Paints is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 184.42 and Shalimar Paints (SHALPAINTS) 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 Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.
Shalimar Paints Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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