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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 2025-03-05 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 212331

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	641.10	622.45	644.00	622.45	0.935 times
04 Tue Mar 2025	622.45	607.95	637.30	600.60	1.507 times
03 Mon Mar 2025	603.65	619.90	626.00	590.40	2.197 times
28 Fri Feb 2025	610.10	621.00	622.95	603.00	1.05 times
27 Thu Feb 2025	627.35	639.60	643.70	623.20	0.573 times
25 Tue Feb 2025	640.45	645.65	665.00	636.85	0.727 times
24 Mon Feb 2025	650.85	673.50	674.00	646.05	0.777 times
21 Fri Feb 2025	675.80	678.00	689.25	671.40	0.542 times
20 Thu Feb 2025	681.60	659.00	684.05	650.50	0.837 times
19 Wed Feb 2025	658.05	630.00	660.00	622.60	1.035 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 624.8 as stoploss in an intra day buy trade for a target of 664.43. However, stock will show a bearish move below 624.8.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	590.40
Downside Target	603.00
Downside Target	622.60
Downside Target	635.50
Upside Target	669.95
Upside Target	687.70
Upside Target	741.90
Upside Target	758.85
Upside Target	764.60
Upside Target	810.00
Upside Target	852.45
Upside Target	943.20
Upside Target	955.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	606.33
Downside Intraday Target	571.57
Upside Intraday Target	659.93
Upside Intraday Target	678.77
Downside Intraday Target	625.17

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	641.10	619.90	644.00	590.40	1.484 times
28 Fri Feb 2025	610.10	673.50	674.00	603.00	0.533 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

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
05 Wed Mar 2025	641.10	619.90	644.00	590.40	0.192 times
28 Fri Feb 2025	610.10	695.00	764.60	603.00	0.85 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

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 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 BUY signal for Shilpa Medicare in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 633.88 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 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 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.