(SHILPAMED) Shilpa Medicare complete technical analysis [charts+indicators] | Buy/Sell Shilpa Medicare | (SHILPAMED) share price targets
Complete technical analysis of Shilpa Medicare (SHILPAMED) by charts plus indicators, forecast predictions and share price targets for Shilpa Medicare (SHILPAMED)
Shilpa Medicare trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-01-09 View latest technical analysis
10 day averaged volume of Shilpa Medicare is 468095
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 318.95 | 323.95 | 326.85 | 318.00 | 0.719 times |
08 Mon Jan 2024 | 320.75 | 329.00 | 329.90 | 319.50 | 0.777 times |
05 Fri Jan 2024 | 328.75 | 335.40 | 335.70 | 326.15 | 0.57 times |
04 Thu Jan 2024 | 332.75 | 335.95 | 341.80 | 331.35 | 0.573 times |
03 Wed Jan 2024 | 335.10 | 324.80 | 342.00 | 324.80 | 1.472 times |
02 Tue Jan 2024 | 324.90 | 324.80 | 332.60 | 320.00 | 1.453 times |
01 Mon Jan 2024 | 320.35 | 329.80 | 335.50 | 315.00 | 1.867 times |
29 Fri Dec 2023 | 330.30 | 349.00 | 350.50 | 328.00 | 1.955 times |
28 Thu Dec 2023 | 348.75 | 361.00 | 362.30 | 348.00 | 0.548 times |
27 Wed Dec 2023 | 359.60 | 356.10 | 363.60 | 356.10 | 0.328 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 329.3, but if it comes above 329.3, then a intra day buy could be more profitable.
If you take a sell trade below 329.3, then use 329.3 as stoploss and 305.5 as target. However if you take a buy trade in stock , then use 329.3 as stoploss and 349.13 as target.
Share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Target | 296.80 |
Downside Target | 315.00 |
Upside Target | 328.00 |
Upside Target | 342.00 |
Upside Target | 353.00 |
Upside Target | 364.30 |
Upside Target | 366.50 |
Upside Target | 374.80 |
Upside Target | 382.00 |
Upside Target | 387.20 |
Upside Target | 391.35 |
Upside Target | 397.00 |
Intraday share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Intraday Target | 314.67 |
Downside Intraday Target | 310.38 |
Upside Intraday Target | 326.57 |
Upside Intraday Target | 334.18 |
Upside Intraday Target | 322.28 |
Weekly technical analysis of Shilpa Medicare (SHILPAMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 318.95 | 329.00 | 329.90 | 318.00 | 0.252 times |
05 Fri Jan 2024 | 328.75 | 329.80 | 342.00 | 315.00 | 1.806 times |
29 Fri Dec 2023 | 330.30 | 362.00 | 364.30 | 328.00 | 1.436 times |
22 Fri Dec 2023 | 362.00 | 370.95 | 374.80 | 346.70 | 0.616 times |
15 Fri Dec 2023 | 368.45 | 368.00 | 387.20 | 353.00 | 1.042 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 Shilpa Medicare (SHILPAMED)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Tue Jan 2024 | 318.95 | 329.80 | 342.00 | 315.00 | 0.566 times |
29 Fri Dec 2023 | 330.30 | 367.40 | 391.35 | 328.00 | 0.727 times |
30 Thu Nov 2023 | 365.40 | 353.60 | 397.00 | 347.50 | 1.875 times |
31 Tue Oct 2023 | 354.05 | 361.00 | 366.50 | 296.80 | 0.987 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 Shilpa Medicare (SHILPAMED)
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shilpa Medicare stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shilpa Medicare in short term and the sell signal is strong.
Shilpa Medicare 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 Shilpa Medicare 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 positive zone. This is a BUY zone
Stock of Shilpa Medicare is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 328.87 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shilpa Medicare stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shilpa Medicare in short term and the sell signal is strong.
Shilpa Medicare 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 Shilpa Medicare 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 positive zone. This is a BUY zone
Stock of Shilpa Medicare is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 328.87 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare 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.
Click here for Shilpa Medicare charts
Click here for further forecast and predictions for tomorrow
Daily charts
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