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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 2026-01-06 View latest technical analysis

10 day averaged volume of Shalimar Paints is 220744

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	72.65	73.58	73.71	72.37	0.38 times
05 Mon Jan 2026	73.51	76.20	76.45	72.00	1.516 times
02 Fri Jan 2026	75.37	64.99	76.90	64.00	4.494 times
01 Thu Jan 2026	64.54	61.81	65.00	61.56	0.655 times
31 Wed Dec 2025	61.65	59.10	63.39	58.46	0.604 times
30 Tue Dec 2025	59.95	58.60	60.20	57.65	0.378 times
29 Mon Dec 2025	58.54	58.00	60.10	57.02	0.527 times
26 Fri Dec 2025	57.56	55.84	58.00	55.84	0.335 times
24 Wed Dec 2025	55.84	58.50	58.95	55.10	0.78 times
23 Tue Dec 2025	57.50	57.95	58.96	57.13	0.353 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 73.9, for a target of 66.8 or 60.87

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	54.50
Downside Target	57.02
Downside Target	60.67
Downside Target	65.66
Downside Target	67.27
Downside Target	70.57
Downside Target	72.00
Upside Target	76.45
Upside Target	76.80
Upside Target	76.90
Upside Target	79.00
Upside Target	88.47
Upside Target	88.71

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	70.95
Downside Intraday Target	69.25
Upside Intraday Target	75.4
Upside Intraday Target	78.15
Upside Intraday Target	73.7

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	72.65	76.20	76.45	72.00	0.285 times
02 Fri Jan 2026	75.37	58.00	76.90	57.02	3.645 times
26 Fri Dec 2025	57.56	55.90	58.96	55.10	0.688 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

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
06 Tue Jan 2026	72.65	61.81	76.90	61.56	0.72 times
31 Wed Dec 2025	61.65	66.99	67.27	54.50	1.229 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

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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 69.24 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 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.