Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-17 View latest technical analysis

10 day averaged volume of Shalimar Paints is 188076

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	103.94	107.00	107.05	103.00	0.604 times
13 Thu Mar 2025	105.82	104.48	106.89	103.92	1.214 times
12 Wed Mar 2025	104.12	105.00	106.58	102.40	0.902 times
11 Tue Mar 2025	104.96	108.50	108.83	104.77	0.455 times
10 Mon Mar 2025	107.72	111.10	112.40	107.05	2.229 times
07 Fri Mar 2025	110.98	109.40	112.58	108.69	0.747 times
06 Thu Mar 2025	109.10	108.20	110.40	107.15	0.655 times
05 Wed Mar 2025	106.76	105.00	108.49	105.00	0.478 times
04 Tue Mar 2025	105.10	105.00	106.46	102.52	0.504 times
03 Mon Mar 2025	103.92	110.05	111.81	103.00	1.273 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.3, but if it comes above 104.3, then a intra day buy could be more profitable.
If you take a sell trade below 104.3, then use 104.3 as stoploss and 98.9 as target. However if you take a buy trade in stock , then use 104.3 as stoploss and 108.78 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	97.00
Downside Target	100.49
Upside Target	107.05
Upside Target	112.40
Upside Target	112.58
Upside Target	115.80
Upside Target	121.04
Upside Target	123.00
Upside Target	124.90
Upside Target	137.00
Upside Target	141.13
Upside Target	144.00

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	102.28
Downside Intraday Target	100.61
Upside Intraday Target	106.33
Upside Intraday Target	108.71
Upside Intraday Target	104.66

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	103.94	107.00	107.05	103.00	0.126 times
13 Thu Mar 2025	105.82	111.10	112.40	102.40	1.313 times
07 Fri Mar 2025	110.98	110.05	112.58	102.52	0.903 times
28 Fri Feb 2025	107.83	109.35	115.80	100.49	0.72 times
21 Fri Feb 2025	108.02	117.50	124.90	107.41	0.913 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
17 Mon Mar 2025	103.94	110.05	112.58	102.40	0.505 times
28 Fri Feb 2025	107.83	131.25	141.13	100.49	0.889 times
31 Fri Jan 2025	139.21	126.00	144.00	121.04	0.8 times
31 Tue Dec 2024	125.92	105.00	137.00	103.00	2.459 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 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 gaining momentum.

MACD generated a BUY signal for Shalimar Paints in short term but the buy signal is initial and weak.

Shalimar Paints 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 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 SELL signal in short term but selling 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 Shalimar Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.35 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.