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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 2026-01-30 View latest technical analysis

10 day averaged volume of Shalimar Paints is 126861

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Jan 2026	61.10	63.66	63.95	60.25	1.586 times
29 Thu Jan 2026	63.66	64.08	65.56	63.10	0.388 times
28 Wed Jan 2026	64.84	64.00	65.93	63.80	0.324 times
27 Tue Jan 2026	64.12	59.40	66.00	59.39	1.82 times
23 Fri Jan 2026	59.87	66.50	68.91	58.01	1.797 times
22 Thu Jan 2026	65.03	64.79	67.00	63.50	1.343 times
21 Wed Jan 2026	65.12	66.20	68.64	63.25	1.25 times
20 Tue Jan 2026	67.22	68.99	68.99	67.20	0.578 times
19 Mon Jan 2026	68.28	69.99	70.13	68.00	0.423 times
16 Fri Jan 2026	69.35	69.40	71.50	66.11	1.438 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.6, but if it comes above 63.6, then a intra day buy could be more profitable.
If you take a sell trade below 63.6, then use 63.6 as stoploss and 58.7 as target. However if you take a buy trade in stock , then use 63.6 as stoploss and 67.63 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	54.50
Downside Target	57.02
Downside Target	59.39
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	58.33
Downside Intraday Target	55.55
Upside Intraday Target	64.94
Upside Intraday Target	68.77
Upside Intraday Target	62.16

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Jan 2026	61.10	59.40	66.00	59.39	0.764 times
23 Fri Jan 2026	59.87	69.99	70.13	58.01	1.955 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

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
30 Fri Jan 2026	61.10	61.81	76.90	58.01	1.558 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 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 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 Strong and stock is gaining momentum.

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

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. 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 but buying is losing 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 64.23 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.