SHALPAINTS NEWS why is Shalimar Paints Limited price falling or rising

SHALPAINTS NEWS reasons for why stock price of Shalimar Paints Limited is falling or rising

SHALPAINTS Shalimar Paints is falling or rising technical reasons

Technical analysis forecast for Shalimar Paints 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 Shalimar Paints SHALPAINTS at this time. Stock is falling and might fall more.

It appears as if Shalimar Paints SHALPAINTS gave a large move recently.

Stock of Shalimar Paints (SHALPAINTS) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Shalimar Paints is bearish for shortterm, and stock might move down till 165.7 or till 159.8. Use a stoploss of 170.68 and if the stock hits stoploss, then it can shoot up till 175.64

SHALPAINTS Shalimar Paints is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-12

Company Announcement Shalimar Paints Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-08

Company Announcement Shalimar Paints Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-03-05

Company Announcement Swastika Investmart Limited has submitted to  the Exchange a copy of the offer opening advertisement and corrigendum to the detailed public statement issued in compliance with Regulation 18(7) of the Securities and exchange Board of India (SAST) Regulatio - NEWS as on 2024-02-12

Company Announcement Shalimar Paints Limited has informed the Exchange regarding Outcome of the Board meeting held on February 09, 2024. - NEWS as on 2024-02-09

More announcements and NEWS

SHALPAINTS Shalimar Paints Limited current price & indicator signals

Moving Averages for Shalimar Paints Limited

  • 5Day Average: 168.1
  • 12Day Average: 171.23
  • 20Day Average: 168.64
  • 50Day Average: 180.28
  • 100Day Average: 183.85
  • 150Day Average: 179.57
  • 200Day Average: 173.71

SHALPAINTS Indicators & signals

Indicator MACD (12,26,9)

169.43, 171.99, -3
Indicator MACD is in negative zone

Indicator ADX (14)

3.76, 21.64, 23.34
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHALPAINTS Shalimar Paints Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 168.80 167.45 to 174.95 2.37% 1.7 times
16 Tue Apr 2024 164.90 162.85 to 166.50 -0.12% 0.27 times
15 Mon Apr 2024 165.10 162.15 to 168.45 -2.25% 0.59 times
12 Fri Apr 2024 168.90 167.65 to 174.15 -2.26% 0.94 times
10 Wed Apr 2024 172.80 171.05 to 177.40 1.23% 0.7 times
09 Tue Apr 2024 170.70 169.05 to 181.50 -3.09% 1.5 times
08 Mon Apr 2024 176.15 175.65 to 182.00 0.09% 0.94 times
05 Fri Apr 2024 176.00 174.05 to 178.60 -0.11% 0.71 times
04 Thu Apr 2024 176.20 172.35 to 183.00 1.41% 1.96 times
03 Wed Apr 2024 173.75 167.95 to 175.90 1.85% 1.47 times
02 Tue Apr 2024 170.60 169.60 to 175.00 -0.12% 0.92 times
01 Mon Apr 2024 170.80 166.75 to 171.90 2.83% 0.65 times

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SHALPAINTS NEWS why is Shalimar Paints Limited price falling or rising

 

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