(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 2024-03-28 View latest technical analysis
10 day averaged volume of Shalimar Paints is 396806
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 166.10 | 160.10 | 166.50 | 160.10 | 1.584 times |
27 Wed Mar 2024 | 160.40 | 164.05 | 165.55 | 158.40 | 1.101 times |
26 Tue Mar 2024 | 163.60 | 164.80 | 168.05 | 162.65 | 0.578 times |
22 Fri Mar 2024 | 165.00 | 161.70 | 171.00 | 161.35 | 1.509 times |
21 Thu Mar 2024 | 161.65 | 164.00 | 170.10 | 160.10 | 1.274 times |
20 Wed Mar 2024 | 162.00 | 166.35 | 168.75 | 160.40 | 0.926 times |
19 Tue Mar 2024 | 165.60 | 173.75 | 175.75 | 164.50 | 0.79 times |
18 Mon Mar 2024 | 173.75 | 168.40 | 177.50 | 166.35 | 0.661 times |
15 Fri Mar 2024 | 166.40 | 168.00 | 171.55 | 162.80 | 0.552 times |
14 Thu Mar 2024 | 168.00 | 157.00 | 172.65 | 157.00 | 0.856 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 161.3 as stoploss in an intra day buy trade for a target of 171.59. However, stock will show a bearish move below 161.3.
Share price targets for Shalimar Paints (SHALPAINTS)
Target Type | Value |
Downside Target | 150.70 |
Downside Target | 158.40 |
Downside Target | 165.00 |
Upside Target | 176.25 |
Upside Target | 184.30 |
Upside Target | 184.85 |
Upside Target | 198.00 |
Upside Target | 199.80 |
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 | 160.32 |
Downside Intraday Target | 154.53 |
Upside Intraday Target | 169.97 |
Upside Intraday Target | 173.83 |
Downside Intraday Target | 164.18 |
Weekly technical analysis of Shalimar Paints (SHALPAINTS)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 166.10 | 164.80 | 168.05 | 158.40 | 0.632 times |
22 Fri Mar 2024 | 165.00 | 168.40 | 177.50 | 160.10 | 1.085 times |
15 Fri Mar 2024 | 166.40 | 180.55 | 184.85 | 150.70 | 0.567 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 |
Price has moved up 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 |
28 Thu Mar 2024 | 166.10 | 173.50 | 199.80 | 150.70 | 0.936 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 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shalimar Paints stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shalimar Paints in short term but BUY signal is weak.
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 164.84 and Shalimar Paints (SHALPAINTS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shalimar Paints stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shalimar Paints in short term but BUY signal is weak.
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 164.84 and Shalimar Paints (SHALPAINTS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.
Click here for Shalimar Paints charts
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Daily charts
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