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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 2026-01-21 View latest technical analysis

10 day averaged volume of Shalimar Paints is 81249

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Jan 2026	65.12	66.20	68.64	63.25	1.952 times
20 Tue Jan 2026	67.22	68.99	68.99	67.20	0.902 times
19 Mon Jan 2026	68.28	69.99	70.13	68.00	0.66 times
16 Fri Jan 2026	69.35	69.40	71.50	66.11	2.245 times
14 Wed Jan 2026	69.64	67.90	69.81	67.30	0.999 times
13 Tue Jan 2026	67.90	67.50	69.50	67.11	0.451 times
12 Mon Jan 2026	68.20	68.61	68.98	66.90	0.61 times
09 Fri Jan 2026	68.60	70.48	72.54	68.05	0.811 times
08 Thu Jan 2026	70.48	73.50	73.50	68.76	1.144 times
07 Wed Jan 2026	73.17	72.65	74.92	72.50	1.145 times

My analysis of stock is bearish for shortterm, and stock might move down till 60.5 or till 53.6. Use a stoploss of 66.25 and if the stock hits stoploss, then it can shoot up till 72.02

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	54.50
Downside Target	57.02
Downside Target	58.96
Downside Target	61.56
Downside Target	63.25
Upside Target	65.66
Upside Target	70.13
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	62.2
Downside Intraday Target	59.29
Upside Intraday Target	69.08
Upside Intraday Target	73.05
Upside Intraday Target	66.17

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Jan 2026	65.12	69.99	70.13	63.25	0.816 times
16 Fri Jan 2026	69.35	68.61	71.50	66.11	0.522 times
09 Fri Jan 2026	68.60	76.20	76.45	68.05	0.456 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

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
21 Wed Jan 2026	65.12	61.81	76.90	61.56	1.131 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 68.72 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 has given negative 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.