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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 2025-07-22 View latest technical analysis

10 day averaged volume of Shalimar Paints is 58181

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	95.76	96.10	96.50	95.54	0.484 times
21 Mon Jul 2025	96.21	96.00	96.81	96.00	0.795 times
18 Fri Jul 2025	96.62	97.02	97.69	96.12	0.442 times
17 Thu Jul 2025	97.40	98.00	98.43	97.15	0.828 times
16 Wed Jul 2025	97.89	97.97	99.05	96.82	1.312 times
15 Tue Jul 2025	97.37	96.40	98.29	96.21	1.194 times
14 Mon Jul 2025	96.24	96.60	96.60	95.71	0.48 times
11 Fri Jul 2025	96.68	97.74	98.01	96.40	0.939 times
10 Thu Jul 2025	98.52	96.09	99.49	95.25	2.294 times
09 Wed Jul 2025	95.91	95.40	96.53	95.30	0.776 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 95.9, but if it comes above 95.9, then a intra day buy could be more profitable.
If you take a sell trade below 95.9, then use 95.9 as stoploss and 95 as target. However if you take a buy trade in stock , then use 95.9 as stoploss and 96.73 as target.

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	95.26
Downside Intraday Target	94.77
Upside Intraday Target	96.53
Upside Intraday Target	97.31
Upside Intraday Target	96.04

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	95.76	96.00	96.81	95.54	0.301 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
22 Tue Jul 2025	95.76	97.97	99.49	95.15	0.249 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak 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 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 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 97.26 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.