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(ShalimarPro) Shalimar Pro complete technical analysis [charts+indicators] | Buy/Sell Shalimar Pro | (ShalimarPro) share price targets

Complete technical analysis of Shalimar Pro (ShalimarPro) by charts plus indicators, forecast predictions and share price targets for Shalimar Pro (ShalimarPro)

Showing technical analysis as on 2024-05-06 View latest technical analysis

10 day averaged volume of Shalimar Pro is 4641333

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	0.52	0.53	0.53	0.52	1.365 times
03 Fri May 2024	0.52	0.52	0.52	0.52	0.254 times
02 Thu May 2024	0.51	0.51	0.51	0.50	0.757 times
30 Tue Apr 2024	0.50	0.50	0.50	0.49	1.948 times
29 Mon Apr 2024	0.49	0.50	0.50	0.49	1.137 times
26 Fri Apr 2024	0.49	0.50	0.50	0.49	1.355 times
25 Thu Apr 2024	0.50	0.50	0.50	0.49	0.655 times
24 Wed Apr 2024	0.50	0.49	0.50	0.49	1.199 times
23 Tue Apr 2024	0.49	0.50	0.50	0.49	1.634 times
22 Mon Apr 2024	0.50	0.50	0.50	0.49	0.639 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0.5, for a target of 0.5 or 0.5

Share price targets for Shalimar Pro (ShalimarPro)

Target Type	Value
Downside Target	0.49
Downside Target	0.50
Downside Target	0.51
Upside Target	0.53
Upside Target	0.54
Upside Target	0.58
Upside Target	0.64
Upside Target	0.70

Intraday share price targets for Shalimar Pro (ShalimarPro)

Target Type	Value
Downside Intraday Target	0.52
Downside Intraday Target	0.51
Upside Intraday Target	0.53
Upside Intraday Target	0.53
Upside Intraday Target	0.52

Weekly technical analysis of Shalimar Pro (ShalimarPro)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	0.52	0.53	0.53	0.52	0.333 times
03 Fri May 2024	0.52	0.50	0.52	0.49	0.747 times
26 Fri Apr 2024	0.49	0.50	0.50	0.49	1.892 times
19 Fri Apr 2024	0.49	0.50	0.51	0.49	1.455 times
12 Fri Apr 2024	0.50	0.51	0.53	0.50	0.398 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shalimar Pro (ShalimarPro)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	0.52	0.51	0.53	0.50	0.129 times
30 Tue Apr 2024	0.50	0.50	0.53	0.49	1.408 times
28 Thu Mar 2024	0.50	0.53	0.54	0.49	0.637 times
29 Thu Feb 2024	0.53	0.57	0.64	0.53	0.905 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shalimar Pro (ShalimarPro)

Price action analysis of Shalimar Pro ( (ShalimarPro) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shalimar Pro ( (ShalimarPro) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shalimar Pro ( (ShalimarPro) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shalimar Pro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shalimar Pro in short term and the sell signal is strong.

Shalimar Pro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Shalimar Pro in short term and BUY signal is strong.

RSI is generating a SELL signal in short term

MRSI is in negative zone. This is the SELL zone

Stock of Shalimar Pro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.5 and Shalimar Pro (ShalimarPro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shalimar Pro (ShalimarPro) stock. Volume based technical analysis of Shalimar Pro (ShalimarPro) stock is negative.

Shalimar Pro Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.