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Shilpa Medicare Limited

SHILPAMED.NS•NSE
Healthcare
Drug Manufacturers - Specialty & Generic
₹338.00
₹23.25(7.39%)
Indian Market opens in 10h 19m

Shilpa Medicare Limited (SHILPAMED.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shilpa Medicare Limited (NSE:SHILPAMED.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHILPAMED.NS Technical Analysis Summary

Shilpa Medicare Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.13)
Trend Strength:Moderate (ADX: 20.43)
Volatility:Medium (ATR: 13.15)
Support/Resistance:$308.18 – $342.88 (Bollinger Bands)

Technical conditions suggest Shilpa Medicare Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.36

Bearish
Momentum remains weak below midpoint.

Williams %R: -89.86

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.22

Strongly Bearish
Sharp downside momentum.

Takeaway:Shilpa Medicare Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.20

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.43

Moderate
Moderate trend, direction gaining strength.

ATR (14): 13.15

Rising
Rising volatility, market activity increasing.

CCI (14): -94.99

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shilpa Medicare Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$342.88
Middle Band (SMA 20)
$325.53
Lower Band
$308.18
Current Position
Within Bands

Takeaway:Shilpa Medicare Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$348.57
Middle Line (EMA 20)
$322.28
Lower Channel
$295.98
Squeeze Status
Squeeze On

Takeaway:Shilpa Medicare Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.89M
Money Flow Index47.83Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.28Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHILPAMED.NS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Shilpa Medicare Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shilpa Medicare Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ