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(SHALPAINTS) Shalimar Paints complete technical analysis [charts+indicators] | Buy/Sell Shalimar Paints | (SHALPAINTS) share price targets

Complete technical analysis of Shalimar Paints (SHALPAINTS) by charts plus indicators, forecast predictions and share price targets for Shalimar Paints (SHALPAINTS)

Shalimar Paints trades in NSE in Furniture-Furnishing-Paints sector.

10 day averaged volume of Shalimar Paints is 93212

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Dec 2025	57.66	55.90	57.91	55.89	0.848 times
19 Fri Dec 2025	55.13	54.89	55.80	54.85	1.109 times
18 Thu Dec 2025	54.89	55.10	56.65	54.50	1.207 times
17 Wed Dec 2025	55.20	57.30	57.90	54.80	1.577 times
16 Tue Dec 2025	57.39	58.90	59.70	57.00	1.354 times
15 Mon Dec 2025	58.86	60.30	60.67	58.00	1.036 times
13 Sat Dec 2025	60.25	60.92	61.50	60.00	0.694 times
12 Fri Dec 2025	60.25	60.92	61.50	60.00	0.694 times
11 Thu Dec 2025	60.66	59.20	61.20	59.20	0.571 times
10 Wed Dec 2025	60.08	60.20	61.74	59.76	0.646 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 57.2 as stoploss in an intra day buy trade for a target of 61.15. However, stock will show a bearish move below 57.2.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	54.50
Downside Target	55.89
Upside Target	57.91
Upside Target	60.67
Upside Target	65.66
Upside Target	67.27
Upside Target	69.13
Upside Target	70.57
Upside Target	76.80
Upside Target	79.00
Upside Target	82.99
Upside Target	88.47
Upside Target	88.71

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	56.4
Downside Intraday Target	55.13
Upside Intraday Target	58.42
Upside Intraday Target	59.17
Downside Intraday Target	57.15

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Dec 2025	57.66	55.90	57.91	55.89	0.135 times
19 Fri Dec 2025	55.13	60.30	60.67	54.50	1.213 times
13 Sat Dec 2025	60.25	61.30	62.00	58.00	1.361 times
05 Fri Dec 2025	61.86	66.99	67.27	61.68	0.999 times
28 Fri Nov 2025	66.79	68.50	69.13	65.66	0.69 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 Shalimar Paints (SHALPAINTS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Dec 2025	57.66	66.99	67.27	54.50	0.855 times
28 Fri Nov 2025	66.79	78.31	79.00	65.66	0.723 times
31 Fri Oct 2025	78.31	86.70	88.47	76.80	0.289 times
30 Tue Sep 2025	86.20	72.26	88.71	70.57	2.88 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 Shalimar Paints (SHALPAINTS)

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shalimar Paints 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.

Shalimar Paints 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 Shalimar Paints in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Shalimar Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.43 and Shalimar Paints (SHALPAINTS) 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 Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.

Shalimar Paints 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.