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(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 2025-05-14 View latest technical analysis

10 day averaged volume of Shalimar Paints is 71051

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed May 2025	100.96	106.00	106.00	100.10	2.903 times
13 Tue May 2025	104.89	101.99	105.50	100.81	1.9 times
12 Mon May 2025	101.56	103.00	103.00	100.29	1.267 times
09 Fri May 2025	96.69	96.00	97.91	95.50	0.774 times
08 Thu May 2025	98.10	101.00	101.82	97.26	0.799 times
07 Wed May 2025	99.98	100.12	101.19	98.12	0.966 times
06 Tue May 2025	100.13	103.20	104.48	99.10	1.055 times
05 Mon May 2025	103.37	102.89	105.81	102.67	0.912 times
02 Fri May 2025	102.57	104.99	107.00	101.10	1.277 times
30 Wed Apr 2025	104.99	108.20	108.20	104.00	0.42 times

Stock of Shalimar Paints (SHALPAINTS) has showed a significant fall. This could be a good time to exit from this stock.

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 100.7 as stoploss in an intra day buy trade for a target of 106.71. However, stock will show a bearish move below 100.7.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	92.10
Downside Target	95.50
Downside Target	98.36
Upside Target	105.81
Upside Target	110.79
Upside Target	112.58
Upside Target	116.00
Upside Target	119.20
Upside Target	121.04
Upside Target	141.13
Upside Target	144.00

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	98.71
Downside Intraday Target	96.45
Upside Intraday Target	104.61
Upside Intraday Target	108.25
Upside Intraday Target	102.35

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed May 2025	100.96	103.00	106.00	100.10	1.347 times
09 Fri May 2025	96.69	102.89	105.81	95.50	1.562 times
02 Fri May 2025	102.57	109.30	110.79	101.10	0.384 times
25 Fri Apr 2025	109.57	113.32	119.20	108.19	1.021 times
17 Thu Apr 2025	112.20	107.02	116.00	106.80	0.541 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
14 Wed May 2025	100.96	104.99	107.00	95.50	0.323 times
30 Wed Apr 2025	104.99	99.45	119.20	92.10	0.623 times
28 Fri Mar 2025	98.71	110.05	112.58	98.36	1.239 times
28 Fri Feb 2025	107.83	131.25	141.13	100.49	0.889 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 but SELL signal is weak.

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 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 101.51 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.