Stock analysis Shilpa Medicare Limited SHILPAMED
More indepth analysis on MunafaSutra.com
Recent prices of SHILPAMED Shilpa Medicare Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Mon Feb 2025 | 692.55 | 680.20 to 741.90 | -5.55% | 4.09 times |
| 07 Fri Feb 2025 | 733.25 | 727.00 to 749.70 | -2.57% | 0.7 times |
| 06 Thu Feb 2025 | 752.60 | 737.75 to 764.60 | 1.81% | 0.68 times |
| 05 Wed Feb 2025 | 739.25 | 731.45 to 753.60 | 1.34% | 0.62 times |
| 04 Tue Feb 2025 | 729.45 | 712.70 to 736.50 | 2.9% | 0.77 times |
| 03 Mon Feb 2025 | 708.90 | 687.70 to 716.65 | -0.11% | 0.58 times |
| 31 Fri Jan 2025 | 709.70 | 705.00 to 724.40 | 0.63% | 0.69 times |
| 30 Thu Jan 2025 | 705.25 | 699.05 to 745.65 | -2.45% | 0.72 times |
| 29 Wed Jan 2025 | 722.95 | 676.25 to 737.70 | 4.7% | 1.31 times |
| 28 Tue Jan 2025 | 690.50 | 669.95 to 719.55 | -3.37% | 2.49 times |
| 27 Mon Jan 2025 | 714.60 | 710.00 to 785.05 | -9.47% | 1.44 times |
| 24 Fri Jan 2025 | 789.35 | 782.10 to 813.40 | -2.94% | 0.65 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
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 702.8, but if it comes above 702.8, then a intra day buy could be more profitable.
If you take a sell trade below 702.8, then use 702.8 as stoploss and 649.9 as target. However if you take a buy trade in Shilpa Medicare Limited, then use 702.8 as stoploss and 746.96 as target.