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(SHILPAMED) Shilpa Medicare complete technical analysis [charts+indicators] | Buy/Sell Shilpa Medicare | (SHILPAMED) share price targets

Complete technical analysis of Shilpa Medicare (SHILPAMED) by charts plus indicators, forecast predictions and share price targets for Shilpa Medicare (SHILPAMED)

Shilpa Medicare trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2025-05-07 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 184545

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed May 2025	629.25	624.50	641.00	624.50	0.627 times
06 Tue May 2025	635.45	672.00	672.60	633.00	1.038 times
05 Mon May 2025	668.90	634.60	675.00	632.05	0.945 times
02 Fri May 2025	630.45	645.05	655.00	629.00	0.697 times
30 Wed Apr 2025	647.05	655.50	670.90	644.00	0.853 times
29 Tue Apr 2025	664.45	676.05	685.75	661.50	0.357 times
28 Mon Apr 2025	677.75	680.95	685.95	672.05	0.604 times
25 Fri Apr 2025	680.85	725.10	729.25	674.20	1.317 times
24 Thu Apr 2025	721.80	682.70	730.15	676.30	2.808 times
23 Wed Apr 2025	681.25	677.95	688.95	668.95	0.56 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 627.9 as stoploss in an intra day buy trade for a target of 654.54. However, stock will show a bearish move below 627.9.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	555.00
Downside Target	590.40
Downside Target	603.00
Downside Target	624.50
Upside Target	669.95
Upside Target	675.00
Upside Target	685.95
Upside Target	710.90
Upside Target	730.15
Upside Target	764.60
Upside Target	852.45

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	610.83
Downside Intraday Target	592.42
Upside Intraday Target	661.33
Upside Intraday Target	693.42
Upside Intraday Target	642.92

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed May 2025	629.25	634.60	675.00	624.50	1.039 times
02 Fri May 2025	630.45	680.95	685.95	629.00	0.393 times
25 Fri Apr 2025	680.85	671.20	730.15	655.05	3.41 times
17 Thu Apr 2025	668.50	643.95	671.75	640.15	0.359 times
11 Fri Apr 2025	639.90	555.00	649.70	555.00	0.952 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 Shilpa Medicare (SHILPAMED)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed May 2025	629.25	645.05	675.00	624.50	0.159 times
30 Wed Apr 2025	647.05	660.00	730.15	555.00	0.469 times
28 Fri Mar 2025	663.40	619.90	710.90	590.40	1.597 times
28 Fri Feb 2025	610.10	695.00	764.60	603.00	0.85 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 Shilpa Medicare (SHILPAMED)

Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shilpa Medicare in short term and the sell signal is strong.

Shilpa Medicare 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shilpa Medicare in short term and SELL signal is strong!

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

Stock of Shilpa Medicare is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 676.03 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.

Shilpa Medicare 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.