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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 2025-06-27 View latest technical analysis

10 day averaged volume of Shalimar Paints is 212212

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Jun 2025	96.01	97.73	98.35	95.62	1.016 times
26 Thu Jun 2025	97.05	98.19	98.89	96.69	0.456 times
25 Wed Jun 2025	97.99	98.49	99.18	97.65	0.677 times
24 Tue Jun 2025	97.56	97.70	98.80	97.20	0.74 times
23 Mon Jun 2025	96.26	95.30	96.95	94.37	0.619 times
20 Fri Jun 2025	95.33	96.57	97.09	95.00	0.657 times
19 Thu Jun 2025	96.14	96.81	97.87	95.40	0.652 times
18 Wed Jun 2025	96.31	98.91	101.74	95.10	2.746 times
17 Tue Jun 2025	98.66	98.85	100.55	98.20	0.604 times
16 Mon Jun 2025	98.85	100.05	100.99	98.60	0.951 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.5, but if it comes above 96.5, then a intra day buy could be more profitable.
If you take a sell trade below 96.5, then use 96.5 as stoploss and 94.2 as target. However if you take a buy trade in stock , then use 96.5 as stoploss and 98.46 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	92.10
Downside Target	94.37
Upside Target	101.41
Upside Target	101.74
Upside Target	104.94
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	93.86
Downside Intraday Target	91.71
Upside Intraday Target	98.67
Upside Intraday Target	101.33
Upside Intraday Target	96.52

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Jun 2025	96.01	95.30	99.18	94.37	0.625 times
20 Fri Jun 2025	95.33	100.05	101.74	95.00	0.608 times
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

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
27 Fri Jun 2025	96.01	100.45	107.76	94.37	1.583 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 down this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.

Shalimar Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!

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

Stock of Shalimar Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 96.87 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 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.