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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 2025-02-10 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 259192

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	692.55	712.00	741.90	680.20	4.091 times
07 Fri Feb 2025	733.25	748.00	749.70	727.00	0.696 times
06 Thu Feb 2025	752.60	740.45	764.60	737.75	0.685 times
05 Wed Feb 2025	739.25	736.65	753.60	731.45	0.624 times
04 Tue Feb 2025	729.45	713.75	736.50	712.70	0.766 times
03 Mon Feb 2025	708.90	695.00	716.65	687.70	0.579 times
31 Fri Jan 2025	709.70	707.00	724.40	705.00	0.687 times
30 Thu Jan 2025	705.25	721.70	745.65	699.05	0.719 times
29 Wed Jan 2025	722.95	680.00	737.70	676.25	1.312 times
28 Tue Jan 2025	690.50	714.60	719.55	669.95	2.488 times

Stock of Shilpa Medicare (SHILPAMED) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 710.5, but if it comes above 710.5, then a intra day buy could be more profitable.
If you take a sell trade below 710.5, then use 710.5 as stoploss and 657.5 as target. However if you take a buy trade in stock , then use 710.5 as stoploss and 754.61 as target.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	669.95
Upside Target	724.00
Upside Target	741.90
Upside Target	782.10
Upside Target	785.05
Upside Target	810.00
Upside Target	810.20
Upside Target	842.20
Upside Target	852.45
Upside Target	919.90
Upside Target	943.20
Upside Target	955.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	667.87
Downside Intraday Target	643.18
Upside Intraday Target	729.57
Upside Intraday Target	766.58
Upside Intraday Target	704.88

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	692.55	712.00	741.90	680.20	1.221 times
07 Fri Feb 2025	733.25	695.00	764.60	687.70	0.504 times
31 Fri Jan 2025	709.70	760.95	785.05	669.95	1.825 times
24 Fri Jan 2025	789.35	811.00	842.20	782.10	0.907 times
17 Fri Jan 2025	805.85	770.00	810.20	724.00	0.756 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
10 Mon Feb 2025	692.55	695.00	764.60	680.20	0.32 times
31 Fri Jan 2025	709.70	818.80	852.45	669.95	0.571 times
31 Tue Dec 2024	815.50	918.65	943.20	758.85	1.301 times
29 Fri Nov 2024	898.05	844.50	955.00	810.00	1.709 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 SELL signal in short term and selling is picking up 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 707.73 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.