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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 2025-05-08 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 180977

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	635.85	633.50	656.85	625.00	0.577 times
07 Wed May 2025	629.25	624.50	641.00	624.50	0.64 times
06 Tue May 2025	635.45	672.00	672.60	633.00	1.059 times
05 Mon May 2025	668.90	634.60	675.00	632.05	0.964 times
02 Fri May 2025	630.45	645.05	655.00	629.00	0.71 times
30 Wed Apr 2025	647.05	655.50	670.90	644.00	0.87 times
29 Tue Apr 2025	664.45	676.05	685.75	661.50	0.364 times
28 Mon Apr 2025	677.75	680.95	685.95	672.05	0.616 times
25 Fri Apr 2025	680.85	725.10	729.25	674.20	1.343 times
24 Thu Apr 2025	721.80	682.70	730.15	676.30	2.864 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 628.5 as stoploss in an intra day buy trade for a target of 654.85. However, stock will show a bearish move below 628.5.

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	615.23
Downside Intraday Target	594.62
Upside Intraday Target	665.73
Upside Intraday Target	695.62
Upside Intraday Target	645.12

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	635.85	634.60	675.00	624.50	1.265 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 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 Shilpa Medicare (SHILPAMED)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu May 2025	635.85	645.05	675.00	624.50	0.186 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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shilpa Medicare in short term but BUY 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 Shilpa Medicare is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 673.42 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.