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(SHAKTIPUMP) Shakti Pumps complete technical analysis [charts+indicators] | Buy/Sell Shakti Pumps | (SHAKTIPUMP) share price targets

Complete technical analysis of Shakti Pumps (SHAKTIPUMP) by charts plus indicators, forecast predictions and share price targets for Shakti Pumps (SHAKTIPUMP)

Shakti Pumps trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-01-15 View latest technical analysis

10 day averaged volume of Shakti Pumps is 144182

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1070.80	1076.60	1090.70	1048.00	0.523 times
12 Fri Jan 2024	1080.25	1117.90	1126.70	1075.05	0.671 times
11 Thu Jan 2024	1116.75	1108.00	1150.00	1091.40	1.926 times
10 Wed Jan 2024	1093.55	1071.50	1135.00	1049.55	3.093 times
09 Tue Jan 2024	1070.20	1069.00	1084.00	1055.00	1.08 times
08 Mon Jan 2024	1061.40	1017.00	1068.20	1011.65	1.127 times
05 Fri Jan 2024	1013.80	1028.80	1037.10	1000.00	0.563 times
04 Thu Jan 2024	1009.40	1001.70	1021.95	1000.00	0.282 times
03 Wed Jan 2024	994.10	1011.65	1015.00	989.75	0.353 times
02 Tue Jan 2024	1012.75	1032.60	1036.70	1000.50	0.398 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1066.5, but if it comes below 1066.5, then a intra day sell could be more profitable.
If you take a sell trade below 1066.5, then use 1066.5 as stoploss and 1021.44 as target. However if you take a buy trade in stock , then use 1066.5 as stoploss and 1120.7 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Target	730.20
Downside Target	843.55
Downside Target	924.95
Downside Target	970.55
Downside Target	1047.00
Upside Target	1090.70
Upside Target	1093.95
Upside Target	1128.00
Upside Target	1150.00
Upside Target	1224.65

Intraday share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Intraday Target	1048.97
Downside Intraday Target	1027.13
Upside Intraday Target	1091.67
Upside Intraday Target	1112.53
Downside Intraday Target	1069.83

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1070.80	1076.60	1090.70	1048.00	0.066 times
12 Fri Jan 2024	1080.25	1017.00	1150.00	1011.65	3.754 times
05 Fri Jan 2024	1013.80	1032.90	1047.00	989.75	0.46 times
29 Fri Dec 2023	1023.50	994.65	1093.95	970.55	2.427 times
22 Fri Dec 2023	985.55	997.90	1005.00	928.95	0.902 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shakti Pumps (SHAKTIPUMP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1070.80	1032.90	1150.00	989.75	0.985 times
29 Fri Dec 2023	1023.50	1005.10	1093.95	928.95	0.768 times
30 Thu Nov 2023	1004.60	1041.90	1128.00	996.00	0.125 times
31 Tue Oct 2023	1035.65	860.80	1224.65	843.55	1.813 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shakti Pumps (SHAKTIPUMP)

Price action analysis of Shakti Pumps ( (SHAKTIPUMP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shakti Pumps stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shakti Pumps in short term and the buy signal is strong.

Shakti Pumps Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shakti Pumps in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shakti Pumps is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1076.23 and Shakti Pumps (SHAKTIPUMP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shakti Pumps (SHAKTIPUMP) stock. Volume based technical analysis of Shakti Pumps (SHAKTIPUMP) stock is negative.

Shakti Pumps Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.