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(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 2024-07-01 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 401189

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	563.35	569.80	579.80	559.00	0.693 times
28 Fri Jun 2024	569.60	564.00	572.00	559.40	0.378 times
27 Thu Jun 2024	562.20	588.20	593.95	556.05	1.013 times
26 Wed Jun 2024	588.20	589.05	593.00	580.10	0.25 times
25 Tue Jun 2024	589.70	596.20	608.00	576.90	1.365 times
24 Mon Jun 2024	596.20	575.00	604.00	560.45	1.343 times
21 Fri Jun 2024	580.05	576.00	587.90	569.95	1.215 times
20 Thu Jun 2024	572.30	526.75	576.00	523.15	2.301 times
19 Wed Jun 2024	526.75	535.95	537.95	519.50	1.1 times
18 Tue Jun 2024	535.95	530.20	543.95	524.25	0.564 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 579.9 as stoploss in an intra day sell trade for a target of 543.55. However, stock will show a bullish move above 579.9.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	384.50
Downside Target	417.60
Downside Target	463.05
Downside Target	519.50
Downside Target	550.00
Downside Target	560.00
Downside Target	561.60
Upside Target	579.80
Upside Target	587.90
Upside Target	608.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	554.97
Downside Intraday Target	546.58
Upside Intraday Target	575.77
Upside Intraday Target	588.18
Upside Intraday Target	567.38

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	563.35	569.80	579.80	559.00	0.159 times
28 Fri Jun 2024	569.60	575.00	608.00	556.05	0.839 times
21 Fri Jun 2024	580.05	530.20	587.90	519.50	1.603 times
14 Fri Jun 2024	533.05	539.25	560.00	525.10	0.426 times
07 Fri Jun 2024	539.25	498.00	550.00	417.60	1.562 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
01 Mon Jul 2024	563.35	569.80	579.80	559.00	0.034 times
28 Fri Jun 2024	569.60	498.00	608.00	417.60	1.234 times
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

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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Shilpa Medicare in short term and the buy signal is strong.

Shilpa Medicare 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Shilpa Medicare in short term and BUY 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 570.46 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.