Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-23 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 273295

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	643.45	648.00	674.90	625.25	1.391 times
22 Mon Jul 2024	644.00	630.10	649.00	616.10	0.837 times
19 Fri Jul 2024	630.10	645.00	647.40	619.85	0.738 times
18 Thu Jul 2024	646.10	647.00	653.00	630.00	0.625 times
16 Tue Jul 2024	647.90	653.85	659.20	644.80	0.282 times
15 Mon Jul 2024	654.15	659.90	661.60	639.70	0.521 times
12 Fri Jul 2024	658.60	669.50	671.75	650.00	0.656 times
11 Thu Jul 2024	668.15	650.80	674.90	644.55	0.983 times
10 Wed Jul 2024	650.55	665.00	674.90	628.05	1.454 times
09 Tue Jul 2024	659.25	669.00	676.20	656.00	1.143 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 660.7 as stoploss in an intra day sell trade for a target of 622.03. However, stock will show a bullish move above 660.7.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	384.50
Downside Target	417.60
Downside Target	463.05
Downside Target	556.05
Downside Target	608.00
Downside Target	619.85
Downside Target	628.05
Upside Target	661.60
Upside Target	674.90
Upside Target	677.00
Upside Target	685.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	614.73
Downside Intraday Target	586.02
Upside Intraday Target	673.53
Upside Intraday Target	703.62
Upside Intraday Target	644.82

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	643.45	630.10	674.90	616.10	1.029 times
19 Fri Jul 2024	630.10	659.90	661.60	619.85	0.309 times
12 Fri Jul 2024	658.60	663.00	685.00	628.05	0.39 times
05 Fri Jul 2024	660.20	569.80	677.00	559.00	2.809 times
28 Fri Jun 2024	569.60	575.00	608.00	556.05	0.839 times

Price has moved up 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
23 Tue Jul 2024	643.45	569.80	685.00	559.00	0.982 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 up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Shilpa Medicare in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shilpa Medicare is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 650.6 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 positive

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