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Stock analysis Shilpa Medicare Limited SHILPAMED

More indepth analysis on MunafaSutra.com

Moving Averages for Shilpa Medicare Limited

  • 5Day Average: 652.8
  • 12Day Average: 639.21
  • 20Day Average: 648.53
  • 50Day Average: 715.47
  • 100Day Average: 778.53
  • 150Day Average: 788.07
  • 200Day Average: 746.45

SHILPAMED Indicators & signals

Indicator MACD (12,26,9)

648, 667.1, -23.9
Indicator MACD is in negative zone

Indicator ADX (14)

21.09, 17.57, 26.96
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
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
13 Thu Mar 2025 628.55 625.15 to 650.00 -2.55% 0.64 times
12 Wed Mar 2025 645.00 638.20 to 673.75 -2.29% 0.66 times
11 Tue Mar 2025 660.15 650.60 to 672.00 0.2% 0.64 times
10 Mon Mar 2025 658.85 653.00 to 691.00 -1.88% 1.28 times
07 Fri Mar 2025 671.45 660.00 to 682.00 1.51% 0.74 times
06 Thu Mar 2025 661.45 649.95 to 674.00 3.17% 1.44 times
05 Wed Mar 2025 641.10 622.45 to 644.00 3% 0.78 times
04 Tue Mar 2025 622.45 600.60 to 637.30 3.11% 1.26 times
03 Mon Mar 2025 603.65 590.40 to 626.00 -1.06% 1.84 times
28 Fri Feb 2025 610.10 603.00 to 622.95 -2.75% 0.88 times
27 Thu Feb 2025 627.35 623.20 to 643.70 -2.05% 0.48 times
25 Tue Feb 2025 640.45 636.85 to 665.00 -1.6% 0.61 times

Technical analysis forecast for Shilpa Medicare Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shilpa Medicare Limited SHILPAMED at this time. Stock is falling and might fall more.

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

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

My analysis of Shilpa Medicare Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shilpa Medicare Limited stays below 636.2, but if it comes above 636.2, then a intra day buy could be more profitable.
If you take a sell trade below 636.2, then use 636.2 as stoploss and 610.4 as target. However if you take a buy trade in Shilpa Medicare Limited, then use 636.2 as stoploss and 657.72 as target.

More indepth analysis on MunafaSutra.com