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509874 Shalimar Paints Ltd Buy Sell analysis.

509874 Shalimar Paints Ltd Buy Sell analysis.

509874 Shalimar Paints Ltd trades in BSE under Furniture Furnishing Paints Furniture-Furnishing-Paints

Moving Averages for Shalimar Paints Ltd

  • 5Day Average: 68.82
  • 12Day Average: 67.38
  • 20Day Average: 65.55
  • 50Day Average: 64.23
  • 100Day Average: 71.49

Indicator MACD (12,26,9)

67.55, 65.82, 0.92
MACD is in positive zone

Indicator ADX (14)

56.25, 48.45, 13.57
ADX is indicating that momentum is still strong.
Momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
RSI is indicating buying momentum

Recent prices of 509874 Shalimar Paints Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Wed Mar 201974.0068.35 to 77.756.86%3.34 times
19 Tue Mar 201969.2567.00 to 70.002.74%1.1 times
18 Mon Mar 201967.4067.00 to 70.001.13%0.53 times
15 Fri Mar 201966.6566.35 to 68.00-0.22%0.44 times
14 Thu Mar 201966.8065.70 to 67.901.83%0.31 times
13 Wed Mar 201965.6065.35 to 67.00-2.89%0.21 times
12 Tue Mar 201967.5566.10 to 68.202.12%0.61 times
11 Mon Mar 201966.1564.40 to 67.303.04%2.55 times
08 Fri Mar 201964.2063.75 to 67.35-3.09%0.48 times
07 Thu Mar 201966.2566.05 to 68.65-1.71%0.28 times
06 Wed Mar 201967.4067.00 to 69.500.15%3.49 times
05 Tue Mar 201967.3064.20 to 68.004.67%2.16 times

509874 Shalimar Paints Ltd Buy Sell analysis.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shalimar Paints Ltd 509874 at this time.

It appears as if Shalimar Paints Ltd 509874 gave a large move recently.

Stock of Shalimar Paints Ltd (509874) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!

Although my analysis for Shalimar Paints Ltd 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 73.5, for a target of 69.2 or 65.55

Quick Charts: All in One charts   Weekly charts   Monthly charts   Renko charts (2)   Renko charts (5)  

509874 Shalimar Paints Ltd Buy Sell analysis.