Munafa Shalimar Paints Limited (SHALPAINTS) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Shalimar Paints Limited (SHALPAINTS) Indicator analysis

Shalimar Paints Limited stock tips (delivery Volume analysis)

Total 5 day volume for Shalimar Paints Limited is 129251, out of which 84514 went into delivery, which is 65.39 percent of total volumes

Volumes in the last session was 48061, out of which 30931 went into delivery, which is 64.36 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Shalimar Paints SHALPAINTS intraday stock tips

26 Tuesday May Stock tips for Shalimar Paints (SHALPAINTS) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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

My analysis of Shalimar Paints is bullish for shortterm, and stock might move up till 52.9 or till 55.2. Use a stoploss of 51.03 and if this stock hits its stoploss, then it can fall down till 49.14

25 Monday May Stock tips for Shalimar Paints Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Shalimar Paints is bearish for shortterm, and stock might move down till 49.1 or till 46.8. Use a stoploss of 50.94 and if the stock hits stoploss, then it can shoot up till 52.83

22 Friday May Stock tips for Shalimar Paints Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Shalimar Paints is bearish for shortterm, and stock might move down till 49 or till 46.7. Use a stoploss of 50.95 and if the stock hits stoploss, then it can shoot up till 52.86

21 Thursday May Stock tips for Shalimar Paints Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Shalimar Paints is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.1 as stoploss in an intra day buy trade for a target of 51.04. However, stock will show a bearish move below 49.1.

20 Wednesday May Stock tips for Shalimar Paints Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Shalimar Paints is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.3 as stoploss in an intra day buy trade for a target of 51.15. However, stock will show a bearish move below 49.3.

19 Tuesday May Stock tips for Shalimar Paints Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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

My analysis of Shalimar Paints is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shalimar Paints stays below 49.5, but if it comes above 49.5, then a intra day buy could be more profitable.
If you take a sell trade below 49.5, then use 49.5 as stoploss and 47.3 as target. However if you take a buy trade in Shalimar Paints, then use 49.5 as stoploss and 51.31 as target.

18 Monday May Stock tips for Shalimar Paints Stock 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.

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

My analysis of Shalimar Paints is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shalimar Paints stays below 49.8, but if it comes above 49.8, then a intra day buy could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 47.8 as target. However if you take a buy trade in Shalimar Paints, then use 49.8 as stoploss and 51.55 as target.

Shalimar Paints SHALPAINTS tips for tomorrow

Tomorrow's movement Prediction of Shalimar Paints SHALPAINTS appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Shalimar Paints SHALPAINTS is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 50.9

Munafa value: 75

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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