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Shilpa Medicare Limited

SHILPAMED.NS•NSE
Healthcare
Drug Manufacturers - Specialty & Generic
₹320.55
₹0.00(0.00%)
Indian Market opens in 11h 33m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.57)
Trend Strength:Strong (ADX: 36.12)
Volatility:Medium (ATR: 12.85)
Support/Resistance:$282.93 – $353.58 (Bollinger Bands)

This mix signals that Shilpa Medicare Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 57.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.48

Neutral
Mid-range signal with no clear trend.

Williams %R: -48.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 3.66

Bullish
Steady upward momentum.

Takeaway:Shilpa Medicare Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 6.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.12

Strong
Strong trend, momentum well established.

ATR (14): 12.85

Rising
Rising volatility, market activity increasing.

CCI (14): -15.80

Neutral
Neutral, no strong directional signal.

Takeaway:Shilpa Medicare Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$353.58
Middle Band (SMA 20)
$318.25
Lower Band
$282.93
Current Position
Within Bands

Takeaway:Shilpa Medicare Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$345.09
Middle Line (EMA 20)
$319.39
Lower Channel
$293.69
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume3.00M
Money Flow Index83.65Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index53.64Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHILPAMED.NS shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Shilpa Medicare Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ