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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 2025-08-19 View latest technical analysis

10 day averaged volume of Shalimar Paints is 142663

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	71.73	73.98	74.33	71.50	1.059 times
18 Mon Aug 2025	73.14	70.94	73.77	70.94	0.909 times
14 Thu Aug 2025	70.24	71.21	79.75	69.66	2.987 times
13 Wed Aug 2025	71.53	73.80	74.50	70.75	1.254 times
12 Tue Aug 2025	73.36	74.00	75.25	72.90	0.605 times
11 Mon Aug 2025	74.00	75.14	77.40	72.00	1.022 times
08 Fri Aug 2025	75.14	75.87	77.93	74.64	0.684 times
07 Thu Aug 2025	75.87	76.00	76.44	75.01	0.537 times
06 Wed Aug 2025	76.68	78.25	78.35	75.30	1.036 times
05 Tue Aug 2025	78.28	78.60	79.22	77.20	0.389 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.3, but if it comes above 72.3, then a intra day buy could be more profitable.
If you take a sell trade below 72.3, then use 72.3 as stoploss and 63.7 as target. However if you take a buy trade in stock , then use 72.3 as stoploss and 79.54 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	69.66
Upside Target	74.33
Upside Target	78.01
Upside Target	79.69
Upside Target	82.99
Upside Target	86.57
Upside Target	92.10
Upside Target	94.37
Upside Target	95.50
Upside Target	96.81
Upside Target	99.49
Upside Target	107.00
Upside Target	107.76
Upside Target	119.20

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	70.34
Downside Intraday Target	68.94
Upside Intraday Target	73.73
Upside Intraday Target	75.72
Upside Intraday Target	72.33

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	71.73	70.94	74.33	70.94	0.335 times
14 Thu Aug 2025	70.24	75.14	79.75	69.66	1.821 times
08 Fri Aug 2025	75.14	78.49	79.69	74.64	0.373 times
01 Fri Aug 2025	78.24	85.40	86.57	78.01	1.163 times
25 Fri Jul 2025	84.52	96.00	96.81	84.10	4.286 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
19 Tue Aug 2025	71.73	81.71	82.99	69.66	0.633 times
31 Thu Jul 2025	81.71	97.97	99.49	80.66	0.647 times
30 Mon Jun 2025	96.97	100.45	107.76	94.37	1.619 times
30 Fri May 2025	99.93	104.99	107.00	95.50	1.114 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 Weak 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 coming down

CCI has generated a SELL signal for Shalimar Paints in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 72.89 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.