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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.

Showing technical analysis as on 2025-06-13 View latest technical analysis

10 day averaged volume of Shalimar Paints is 235735

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	100.11	101.50	101.99	99.50	1.707 times
12 Thu Jun 2025	102.50	101.95	107.76	100.02	4.088 times
11 Wed Jun 2025	101.46	101.15	103.29	100.48	0.689 times
10 Tue Jun 2025	101.06	100.21	101.68	100.00	0.374 times
09 Mon Jun 2025	99.60	99.99	104.20	98.82	1.447 times
06 Fri Jun 2025	98.97	100.50	101.41	98.10	0.706 times
05 Thu Jun 2025	99.53	97.61	100.90	97.61	0.712 times
04 Wed Jun 2025	97.07	99.00	99.25	96.60	0.549 times
03 Tue Jun 2025	98.89	100.45	100.45	98.62	0.294 times
02 Mon Jun 2025	99.79	100.45	100.55	98.66	0.706 times

My analysis of stock is bearish for shortterm, and stock might move down till 99.2 or till 97.3. Use a stoploss of 100.74 and if the stock hits stoploss, then it can shoot up till 102.29

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	92.10
Downside Target	95.50
Upside Target	104.94
Upside Target	106.00
Upside Target	106.10
Upside Target	107.00
Upside Target	107.76
Upside Target	112.58
Upside Target	119.20
Upside Target	141.13

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	96.7
Downside Intraday Target	93.29
Upside Intraday Target	105.64
Upside Intraday Target	111.17
Upside Intraday Target	102.23

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	100.11	99.99	107.76	98.82	2.8 times
06 Fri Jun 2025	98.97	100.45	101.41	96.60	0.992 times
30 Fri May 2025	99.93	103.32	104.94	99.50	0.644 times
23 Fri May 2025	102.78	102.03	106.10	99.40	1.58 times
16 Fri May 2025	102.03	103.00	106.00	100.10	2.161 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	100.11	100.45	107.76	96.60	0.916 times
30 Fri May 2025	99.93	104.99	107.00	95.50	1.114 times
30 Wed Apr 2025	104.99	99.45	119.20	92.10	0.623 times
28 Fri Mar 2025	98.71	110.05	112.58	98.36	1.239 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 Shalimar Paints (SHALPAINTS)

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shalimar Paints stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shalimar Paints 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.

Shalimar Paints 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 getting stronger in this stock.

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 Shalimar Paints in short term but SELL signal is weak.

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 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 100.72 and Shalimar Paints (SHALPAINTS) 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 Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.

Shalimar Paints 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.