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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.

10 day averaged volume of Shilpa Medicare is 611690

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 460.55 454.00 469.00 454.00 0.846 times
27 Wed Mar 2024 454.00 442.90 462.40 442.55 0.615 times
26 Tue Mar 2024 442.50 451.00 463.00 440.95 0.456 times
22 Fri Mar 2024 450.20 457.15 463.05 445.20 1.817 times
21 Thu Mar 2024 457.15 449.70 459.40 444.00 0.534 times
20 Wed Mar 2024 450.05 438.75 455.00 430.50 0.707 times
19 Tue Mar 2024 438.55 453.10 466.00 435.10 1.036 times
18 Mon Mar 2024 459.55 443.40 462.00 431.25 1.241 times
15 Fri Mar 2024 443.10 437.00 447.95 420.40 0.788 times
14 Thu Mar 2024 439.40 405.35 442.00 404.60 1.113 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 451.2, but if it comes below 451.2, then a intra day sell could be more profitable.
If you take a sell trade below 451.2, then use 451.2 as stoploss and 431.79 as target. However if you take a buy trade in stock , then use 451.2 as stoploss and 474.6 as target.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type Value
Downside Target 313.15
Downside Target 328.00
Downside Target 347.50
Downside Target 357.55
Downside Target 374.75
Downside Target 384.50
Downside Target 405.35
Downside Target 429.75
Downside Target 440.95
Downside Target 447.95
Downside Target 454.80
Upside Target 466.00
Upside Target 469.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type Value
Downside Intraday Target 444.67
Downside Intraday Target 428.78
Upside Intraday Target 472.72
Upside Intraday Target 484.88
Downside Intraday Target 456.83

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 460.55 451.00 469.00 440.95 0.359 times
22 Fri Mar 2024 450.20 443.40 466.00 430.50 1.134 times
15 Fri Mar 2024 443.10 422.95 447.95 394.00 1.533 times
07 Thu Mar 2024 421.85 427.00 429.75 384.50 0.585 times
02 Sat Mar 2024 423.15 437.30 446.95 405.35 0.206 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
28 Thu Mar 2024 460.55 420.00 469.00 384.50 0.346 times
29 Thu Feb 2024 416.45 365.95 454.80 357.55 2.475 times
31 Wed Jan 2024 368.15 329.80 374.75 313.15 1.926 times
29 Fri Dec 2023 330.30 367.40 391.35 328.00 0.727 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 449.45 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 449.45 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Shilpa Medicare charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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