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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 2025-09-23 View latest technical analysis

10 day averaged volume of Shalimar Paints is 559615

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Sep 2025	80.98	82.42	84.00	80.25	0.303 times
22 Mon Sep 2025	82.42	85.00	85.00	81.70	0.466 times
19 Fri Sep 2025	85.86	83.00	88.71	79.20	2.07 times
18 Thu Sep 2025	84.40	74.07	88.17	73.48	6.311 times
17 Wed Sep 2025	73.48	73.18	74.39	73.18	0.119 times
16 Tue Sep 2025	73.16	74.00	75.88	72.82	0.37 times
15 Mon Sep 2025	73.96	73.49	74.20	72.99	0.099 times
12 Fri Sep 2025	72.91	73.80	74.50	72.63	0.13 times
11 Thu Sep 2025	73.73	73.72	75.88	73.35	0.173 times
10 Wed Sep 2025	73.72	73.60	75.00	73.50	0.125 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 79.5, but if it comes below 79.5, then a intra day sell could be more profitable.
If you take a sell trade below 79.5, then use 79.5 as stoploss and 75.23 as target. However if you take a buy trade in stock , then use 79.5 as stoploss and 84.6 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	69.66
Downside Target	75.69
Downside Target	78.40
Downside Target	80.25
Upside Target	82.99
Upside Target	85.00
Upside Target	88.71
Upside Target	94.37
Upside Target	95.50
Upside Target	99.49
Upside Target	107.00
Upside Target	107.76

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	79.15
Downside Intraday Target	77.33
Upside Intraday Target	83.9
Upside Intraday Target	86.83
Upside Intraday Target	82.08

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Sep 2025	80.98	85.00	85.00	80.25	0.086 times
19 Fri Sep 2025	85.86	73.49	88.71	72.82	12.475 times
12 Fri Sep 2025	72.91	72.78	75.88	72.11	0.691 times
05 Fri Sep 2025	72.58	72.26	75.69	70.57	0.956 times
29 Fri Aug 2025	71.73	73.70	78.40	71.11	0.919 times

Price has moved down 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
23 Tue Sep 2025	80.98	72.26	88.71	70.57	2.207 times
29 Fri Aug 2025	71.73	81.71	82.99	69.66	0.959 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shalimar Paints 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.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 83.41 and Shalimar Paints (SHALPAINTS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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