Is SHALIMAR PAINTS in uptrend or downtrend?

In the short term price movements in SHALPAINTS share indicates the market has a decisive bullish trend.

What is SHALIMAR PAINTS share price forecast for tomorrow?

In Shalimar Paints Limited stock current resistance level is at 48 and support level is at 37. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are SHALIMAR PAINTS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Shalimar Paints Limited in the short-term, the supply zone around 48 and 50. Hence, good chances of resistance around 50. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Shalimar Paints Limited share is around 37 and 40. Hence, good chances for support around 40.

Why is SHALIMAR PAINTS share price falling today?

Perhaps SHALPAINTS stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

SHALIMAR PAINTS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data