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Stock analysis Shilpa Medicare Limited SHILPAMED

More indepth analysis on MunafaSutra.com

Moving Averages for Shilpa Medicare Limited

  • 5Day Average: 863.41
  • 12Day Average: 854.11
  • 20Day Average: 836.6
  • 50Day Average: 843.98
  • 100Day Average: 768.64
  • 150Day Average: 687.65
  • 200Day Average: 626.21

SHILPAMED Indicators & signals

Indicator MACD (12,26,9)

856.25, 844.9, 7.89
Indicator MACD is in positive zone

Indicator ADX (14)

10.93, 21.76, 17.48
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHILPAMED Shilpa Medicare Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 880.15 871.30 to 917.70 1.96% 2.19 times
18 Mon Nov 2024 863.25 837.50 to 882.00 -1.15% 0.98 times
14 Thu Nov 2024 873.25 815.65 to 893.50 5.87% 3.04 times
13 Wed Nov 2024 824.85 810.10 to 875.50 -5.79% 0.99 times
12 Tue Nov 2024 875.55 867.55 to 909.90 -2.06% 1.16 times
11 Mon Nov 2024 894.00 833.55 to 905.00 4.93% 1.66 times
08 Fri Nov 2024 852.00 816.05 to 878.00 0.94% 0.73 times
07 Thu Nov 2024 844.05 840.00 to 875.50 -0.31% 0.47 times
06 Wed Nov 2024 846.70 835.00 to 850.00 1.58% 0.4 times
05 Tue Nov 2024 833.55 810.00 to 844.40 1.75% 0.26 times
04 Mon Nov 2024 819.20 813.10 to 837.90 -2.79% 0.3 times
01 Fri Nov 2024 842.75 838.00 to 863.00 -0.17% 0.14 times

Technical analysis forecast of Shilpa Medicare Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shilpa Medicare Limited SHILPAMED at this time. Stock is rising and might rise more.

It appears as if Shilpa Medicare Limited SHILPAMED gave a large move recently.

Stock of Shilpa Medicare Limited (SHILPAMED) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Shilpa Medicare Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shilpa Medicare Limited stays above 879.6, but if it comes below 879.6, then a intra day sell could be more profitable.
If you take a sell trade below 879.6, then use 879.6 as stoploss and 849.03 as target. However if you take a buy trade in Shilpa Medicare Limited, then use 879.6 as stoploss and 916.4 as target.

More indepth analysis on MunafaSutra.com