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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 2025-02-20 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 365556

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	681.60	659.00	684.05	650.50	0.486 times
19 Wed Feb 2025	658.05	630.00	660.00	622.60	0.601 times
18 Tue Feb 2025	641.85	656.10	662.95	632.20	0.44 times
17 Mon Feb 2025	662.10	637.75	665.45	628.30	1.568 times
14 Fri Feb 2025	649.70	682.70	691.20	635.50	0.973 times
13 Thu Feb 2025	680.00	666.35	685.00	666.35	1.017 times
12 Wed Feb 2025	661.85	672.00	672.75	648.55	0.758 times
11 Tue Feb 2025	663.95	696.85	696.85	658.10	0.764 times
10 Mon Feb 2025	692.55	712.00	741.90	680.20	2.901 times
07 Fri Feb 2025	733.25	748.00	749.70	727.00	0.493 times

My analysis of stock is bearish for shortterm, and stock might move down till 662 or till 617.1. Use a stoploss of 699.37 and if the stock hits stoploss, then it can shoot up till 736.75

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	622.60
Downside Target	635.50
Downside Target	669.95
Upside Target	684.05
Upside Target	741.90
Upside Target	782.10
Upside Target	785.05
Upside Target	810.00
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	641.45
Downside Intraday Target	601.3
Upside Intraday Target	702.9
Upside Intraday Target	724.2
Downside Intraday Target	662.75

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	681.60	637.75	684.05	622.60	0.483 times
14 Fri Feb 2025	649.70	712.00	741.90	635.50	2.7 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

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
20 Thu Feb 2025	681.60	695.00	764.60	622.60	0.721 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 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 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 losing momentum.

MACD generated a SELL signal for Shilpa Medicare in short term and the sell 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 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 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 674.99 and Shilpa Medicare (SHILPAMED) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.