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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 2025-07-21 View latest technical analysis

10 day averaged volume of Shalimar Paints is 61077

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Jul 2025	96.21	96.00	96.81	96.00	0.758 times
18 Fri Jul 2025	96.62	97.02	97.69	96.12	0.421 times
17 Thu Jul 2025	97.40	98.00	98.43	97.15	0.789 times
16 Wed Jul 2025	97.89	97.97	99.05	96.82	1.25 times
15 Tue Jul 2025	97.37	96.40	98.29	96.21	1.137 times
14 Mon Jul 2025	96.24	96.60	96.60	95.71	0.458 times
11 Fri Jul 2025	96.68	97.74	98.01	96.40	0.894 times
10 Thu Jul 2025	98.52	96.09	99.49	95.25	2.186 times
09 Wed Jul 2025	95.91	95.40	96.53	95.30	0.739 times
08 Tue Jul 2025	95.72	95.88	96.30	95.15	0.894 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 96 as stoploss in an intra day buy trade for a target of 96.82. However, stock will show a bearish move below 96.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	92.10
Downside Target	94.37
Upside Target	98.70
Upside Target	99.05
Upside Target	99.18
Upside Target	99.49
Upside Target	107.00
Upside Target	107.76
Upside Target	112.58
Upside Target	119.20

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	95.87
Downside Intraday Target	95.53
Upside Intraday Target	96.68
Upside Intraday Target	97.15
Upside Intraday Target	96.34

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Jul 2025	96.21	96.00	96.81	96.00	0.187 times
18 Fri Jul 2025	96.62	96.60	99.05	95.71	0.682 times
11 Fri Jul 2025	96.68	96.10	99.49	95.15	0.618 times
04 Fri Jul 2025	95.93	96.36	98.70	95.61	0.789 times
27 Fri Jun 2025	96.01	95.30	99.18	94.37	0.625 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
21 Mon Jul 2025	96.21	97.97	99.49	95.15	0.243 times
30 Mon Jun 2025	96.97	100.45	107.76	94.37	1.619 times
30 Fri May 2025	99.93	104.99	107.00	95.50	1.114 times
30 Wed Apr 2025	104.99	99.45	119.20	92.10	0.623 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 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 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 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 Strong and stock is losing momentum.

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

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

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 97.19 and Shalimar Paints (SHALPAINTS) stock is trading below this level. This means that stock is falling with high volumes. 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.