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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 2025-02-24 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 359036

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	650.85	673.50	674.00	646.05	0.459 times
21 Fri Feb 2025	675.80	678.00	689.25	671.40	0.32 times
20 Thu Feb 2025	681.60	659.00	684.05	650.50	0.495 times
19 Wed Feb 2025	658.05	630.00	660.00	622.60	0.612 times
18 Tue Feb 2025	641.85	656.10	662.95	632.20	0.448 times
17 Mon Feb 2025	662.10	637.75	665.45	628.30	1.596 times
14 Fri Feb 2025	649.70	682.70	691.20	635.50	0.991 times
13 Thu Feb 2025	680.00	666.35	685.00	666.35	1.035 times
12 Wed Feb 2025	661.85	672.00	672.75	648.55	0.771 times
11 Tue Feb 2025	663.95	696.85	696.85	658.10	0.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 658.1, but if it comes above 658.1, then a intra day buy could be more profitable.
If you take a sell trade below 658.1, then use 658.1 as stoploss and 619.3 as target. However if you take a buy trade in stock , then use 658.1 as stoploss and 690.51 as target.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	622.60
Downside Target	635.50
Upside Target	669.95
Upside Target	687.70
Upside Target	741.90
Upside Target	764.60
Upside Target	785.05
Upside Target	810.00
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	639.93
Downside Intraday Target	629.02
Upside Intraday Target	667.88
Upside Intraday Target	684.92
Upside Intraday Target	656.97

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	650.85	673.50	674.00	646.05	0.132 times
21 Fri Feb 2025	675.80	637.75	689.25	622.60	0.532 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

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
24 Mon Feb 2025	650.85	695.00	764.60	622.60	0.768 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY signal for Shilpa Medicare in short term but the buy 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 weakening, and bulls are picking up momentum!

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 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 662.74 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.