(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 2024-02-06 View latest technical analysis
10 day averaged volume of Shilpa Medicare is 875638
Date | Daily Closing Price | Open | High | Low | Volume |
06 Tue Feb 2024 | 361.50 | 373.00 | 376.75 | 360.00 | 0.413 times |
05 Mon Feb 2024 | 370.60 | 369.45 | 379.50 | 366.45 | 1.012 times |
02 Fri Feb 2024 | 368.15 | 376.00 | 382.50 | 363.85 | 0.65 times |
01 Thu Feb 2024 | 375.75 | 365.95 | 380.90 | 360.60 | 2.386 times |
31 Wed Jan 2024 | 368.15 | 317.60 | 374.75 | 317.60 | 4.515 times |
30 Tue Jan 2024 | 317.60 | 320.00 | 323.00 | 316.10 | 0.202 times |
29 Mon Jan 2024 | 320.00 | 331.80 | 336.50 | 318.65 | 0.568 times |
25 Thu Jan 2024 | 330.75 | 317.00 | 332.95 | 317.00 | 0.177 times |
24 Wed Jan 2024 | 321.00 | 325.30 | 326.20 | 318.35 | 0.135 times |
23 Tue Jan 2024 | 322.85 | 331.50 | 333.50 | 320.60 | 0.187 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 355.9, but if it comes below 355.9, then a intra day sell could be more profitable.
If you take a sell trade below 355.9, then use 355.9 as stoploss and 336.63 as target. However if you take a buy trade in stock , then use 355.9 as stoploss and 379 as target.
Share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Target | 296.80 |
Downside Target | 313.15 |
Downside Target | 328.00 |
Downside Target | 347.50 |
Downside Target | 360.00 |
Upside Target | 366.50 |
Upside Target | 374.75 |
Upside Target | 379.50 |
Upside Target | 382.50 |
Upside Target | 391.35 |
Upside Target | 397.00 |
Intraday share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Intraday Target | 354.5 |
Downside Intraday Target | 347.5 |
Upside Intraday Target | 374 |
Upside Intraday Target | 386.5 |
Upside Intraday Target | 367 |
Weekly technical analysis of Shilpa Medicare (SHILPAMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Tue Feb 2024 | 361.50 | 369.45 | 379.50 | 360.00 | 0.171 times |
02 Fri Feb 2024 | 368.15 | 331.80 | 382.50 | 316.10 | 12.484 times |
25 Thu Jan 2024 | 330.75 | 337.15 | 338.55 | 317.00 | 0.298 times |
19 Fri Jan 2024 | 332.70 | 329.95 | 338.90 | 319.85 | 1.036 times |
12 Fri Jan 2024 | 329.70 | 329.00 | 332.60 | 313.15 | 0.682 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 |
06 Tue Feb 2024 | 361.50 | 365.95 | 382.50 | 360.00 | 0.33 times |
31 Wed Jan 2024 | 368.15 | 329.80 | 374.75 | 313.15 | 1.926 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 |
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 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 Shilpa Medicare ( (SHILPAMED) ) based on a short 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short to mid 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shilpa Medicare in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shilpa Medicare Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shilpa Medicare 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
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 364.13 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) based on a short 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a short to mid 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.
Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shilpa Medicare in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shilpa Medicare Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shilpa Medicare 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
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 364.13 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.
Shilpa Medicare 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.
Click here for Shilpa Medicare charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.