(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 2024-05-31 View latest technical analysis
10 day averaged volume of Shilpa Medicare is 283596
Date | Daily Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 485.60 | 469.95 | 502.40 | 467.25 | 3.607 times |
30 Thu May 2024 | 469.65 | 467.90 | 479.45 | 465.00 | 0.33 times |
29 Wed May 2024 | 471.75 | 483.50 | 486.65 | 468.75 | 1.078 times |
28 Tue May 2024 | 483.55 | 497.20 | 498.60 | 482.00 | 0.741 times |
27 Mon May 2024 | 493.30 | 500.00 | 508.65 | 490.65 | 1.114 times |
24 Fri May 2024 | 500.55 | 530.00 | 530.00 | 494.00 | 2.744 times |
23 Thu May 2024 | 505.05 | 497.00 | 507.00 | 495.55 | 0.674 times |
22 Wed May 2024 | 492.75 | 492.00 | 496.90 | 475.60 | 1.252 times |
21 Tue May 2024 | 491.70 | 501.50 | 501.50 | 486.30 | 0.958 times |
18 Sat May 2024 | 501.50 | 504.00 | 509.25 | 497.35 | 0.134 times |
Stock of Shilpa Medicare (SHILPAMED) has showed a significant upmove. This could be a good time to enter in 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 485.1 as stoploss in an intra day buy trade for a target of 499.16. However, stock will show a bearish move below 485.1.
Share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Target | 313.15 |
Downside Target | 357.55 |
Downside Target | 374.75 |
Downside Target | 384.50 |
Downside Target | 454.80 |
Upside Target | 488.00 |
Upside Target | 508.65 |
Upside Target | 519.90 |
Upside Target | 529.00 |
Upside Target | 530.00 |
Upside Target | 540.70 |
Upside Target | 556.90 |
Upside Target | 561.60 |
Intraday share price targets for Shilpa Medicare (SHILPAMED)
Target Type | Value |
Downside Intraday Target | 464.18 |
Downside Intraday Target | 442.77 |
Upside Intraday Target | 507.83 |
Upside Intraday Target | 530.07 |
Upside Intraday Target | 486.42 |
Weekly technical analysis of Shilpa Medicare (SHILPAMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 485.60 | 500.00 | 508.65 | 465.00 | 1.22 times |
24 Fri May 2024 | 500.55 | 501.50 | 530.00 | 475.60 | 1.301 times |
18 Sat May 2024 | 501.50 | 508.25 | 529.00 | 488.00 | 1.061 times |
10 Fri May 2024 | 505.05 | 538.50 | 540.70 | 490.15 | 0.667 times |
03 Fri May 2024 | 537.05 | 549.90 | 561.60 | 519.90 | 1.311 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 |
31 Fri May 2024 | 485.60 | 549.75 | 556.90 | 465.00 | 0.508 times |
30 Tue Apr 2024 | 550.35 | 463.60 | 561.60 | 463.05 | 1.283 times |
28 Thu Mar 2024 | 460.55 | 420.00 | 469.00 | 384.50 | 0.346 times |
29 Thu Feb 2024 | 416.45 | 365.95 | 454.80 | 357.55 | 2.475 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 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 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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shilpa Medicare in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 490.19 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 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 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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shilpa Medicare in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 490.19 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
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.