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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 2024-04-05 View latest technical analysis

10 day averaged volume of Shalimar Pro is 3555951

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.51	0.50	0.51	0.50	0.998 times
04 Thu Apr 2024	0.50	0.49	0.51	0.49	2.973 times
03 Wed Apr 2024	0.50	0.49	0.50	0.49	1.376 times
02 Tue Apr 2024	0.49	0.49	0.50	0.49	0.664 times
01 Mon Apr 2024	0.49	0.50	0.50	0.49	0.522 times
28 Thu Mar 2024	0.50	0.49	0.50	0.49	0.629 times
27 Wed Mar 2024	0.49	0.50	0.51	0.49	1.364 times
26 Tue Mar 2024	0.50	0.50	0.51	0.50	0.639 times
22 Fri Mar 2024	0.50	0.49	0.50	0.49	0.878 times
21 Thu Mar 2024	0.49	0.49	0.50	0.49	0.414 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.5, but if it comes below 0.5, then a intra day sell could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.5 as target.

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	0.5
Downside Intraday Target	0.48
Upside Intraday Target	0.52
Upside Intraday Target	0.52
Downside Intraday Target	0.5

Weekly technical analysis of Shalimar Pro (ShalimarPro)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.51	0.50	0.51	0.49	2.482 times
28 Thu Mar 2024	0.50	0.50	0.51	0.49	0.758 times
22 Fri Mar 2024	0.50	0.49	0.50	0.49	0.573 times
15 Fri Mar 2024	0.49	0.51	0.51	0.49	1.794 times
07 Thu Mar 2024	0.50	0.52	0.53	0.50	0.507 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shalimar Pro (ShalimarPro)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.51	0.50	0.51	0.49	0.382 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
31 Wed Jan 2024	0.58	0.59	0.70	0.58	0.738 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shalimar Pro ( (ShalimarPro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

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 positive zone. This is a BUY 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 negative.

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