Shilpa Medicare Technical Analysis

Shilpa Medicare Ltd Technical Analysis

Shilpa Medicare Ltd technical analysis is gaining attention among traders and investors tracking Shilpa Medicare Ltd Technical Analysis trends in the Indian stock market. Shilpa Medicare Ltd (NSE: SHILPAMED, BSE: 530549) is currently trading at ₹928.55, showing a 4.37% move as of Tue, Sep 08, 2026.

This detailed Shilpa Medicare Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Shilpa Medicare Ltd Stock Overview

Shilpa Medicare Ltd operates in the Health technology sector under the Pharmaceuticals: major industry. With a market capitalization of ₹18581.25Cr and a PE ratio of 61.08, Shilpa Medicare Ltd remains a key stock to watch in Shilpa Medicare Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹18581.25Cr
• PE Ratio: 61.08
• Dividend Yield: 0.05
• Sector: Health technology
• Industry: Pharmaceuticals: major

These fundamentals play an important role in Shilpa Medicare Ltd technical analysis and valuation tracking.

Shilpa Medicare Ltd Support and Resistance Levels

Classic Pivot Levels

In Shilpa Medicare Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1509.60
• Resistance 2: 1173.70
• Resistance 1: 1061.50
• Pivot Point: 837.80
• Support 1: 725.60
• Support 2: 501.90
• Support 3: 166.00

Conditional Insight

Shilpa Medicare Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 725.60 and 501.90.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shilpa Medicare Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 1173.70
• Fibonacci R2: 1045.39
• Fibonacci R1: 966.11
• Fibonacci Pivot: 837.80
• Fibonacci S1: 709.49
• Fibonacci S2: 630.21
• Fibonacci S3: 501.90

Shilpa Medicare Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shilpa Medicare Ltd Moving Average Analysis

Moving averages are key indicators in Shilpa Medicare Ltd technical analysis for identifying trend direction.

• 10 EMA: 922.26
• 20 EMA: 873.18
• 30 EMA: 829.95
• 50 EMA: 761.72
• 100 EMA: 650.82
• 200 EMA: 544.78

Trend Logic

Shilpa Medicare Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shilpa Medicare Ltd technical analysis remains positive above 200 EMA.

Shilpa Medicare Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 71.39
• MACD: 65.94
• Signal: 64.40
• ADX: 63.20
• Momentum: 98.35

RSI Logic

Shilpa Medicare Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shilpa Medicare Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shilpa Medicare Ltd Overall Recommendation

• Overall Recommendation Score: 0.45
• Moving Average Recommendation: 0.80
• Other Indicators Recommendation: 0.09

Overall Shilpa Medicare Ltd technical analysis sentiment remains neutral with mixed signals.

Shilpa Medicare Ltd Technical Analysis Conclusion

Shilpa Medicare Ltd technical analysis suggests that traders should closely monitor price action around ₹928.55 and key pivot level 837.80. Breakouts above resistance or breakdown below support will define the next trend in Shilpa Medicare Ltd technical analysis.

Investors searching for Shilpa Medicare Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Shilpa Medicare Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.