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 2025-03-24 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 581679

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	696.00	690.00	699.00	681.10	0.347 times
21 Fri Mar 2025	682.50	658.00	697.35	655.85	4.178 times
20 Thu Mar 2025	657.20	676.00	676.30	654.95	0.368 times
19 Wed Mar 2025	671.70	677.85	686.90	659.95	0.524 times
18 Tue Mar 2025	674.50	645.15	710.90	628.30	2.527 times
17 Mon Mar 2025	630.40	644.90	648.00	626.15	0.671 times
13 Thu Mar 2025	628.55	646.40	650.00	625.15	0.279 times
12 Wed Mar 2025	645.00	663.65	673.75	638.20	0.289 times
11 Tue Mar 2025	660.15	655.00	672.00	650.60	0.282 times
10 Mon Mar 2025	658.85	671.40	691.00	653.00	0.56 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 703.9, for a target of 674.8 or 650.48

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	590.40
Downside Target	603.00
Downside Target	625.15
Downside Target	669.95
Upside Target	710.90
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	685.07
Downside Intraday Target	674.13
Upside Intraday Target	702.97
Upside Intraday Target	709.93
Downside Intraday Target	692.03

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	696.00	690.00	699.00	681.10	0.042 times
21 Fri Mar 2025	682.50	644.90	710.90	626.15	5.866 times
13 Thu Mar 2025	628.55	671.40	691.00	625.15	0.533 times
07 Fri Mar 2025	671.45	619.90	682.00	590.40	2.318 times
28 Fri Feb 2025	610.10	673.50	674.00	603.00	0.533 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
24 Mon Mar 2025	696.00	619.90	710.90	590.40	1.439 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 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 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 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 BUY. 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shilpa Medicare in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 671.44 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 is giving positive 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.