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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 2024-11-19 View latest technical analysis

10 day averaged volume of Shakti Pumps is 74195

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	4898.10	4850.00	4925.15	4751.30	1.262 times
18 Mon Nov 2024	4690.65	4564.00	4690.65	4465.00	0.61 times
10 Thu Oct 2024	4917.00	4900.00	4917.00	4801.00	1.328 times
09 Wed Oct 2024	4682.90	4524.00	4682.90	4450.00	1.123 times
08 Tue Oct 2024	4459.95	4297.10	4524.80	4104.00	1.489 times
07 Mon Oct 2024	4319.80	4590.10	4599.95	4319.80	1.867 times
25 Wed Sep 2024	4126.85	4200.00	4273.00	4071.40	0.641 times
24 Tue Sep 2024	4112.70	4015.00	4176.10	3968.00	0.726 times
23 Mon Sep 2024	3977.25	4100.05	4130.00	3910.50	0.955 times
12 Thu Sep 2024	4295.40	4320.00	4390.00	4260.00	0.729 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4737.4, but if it comes below 4737.4, then a intra day sell could be more profitable.
If you take a sell trade below 4737.4, then use 4737.4 as stoploss and 4472.26 as target. However if you take a buy trade in stock , then use 4737.4 as stoploss and 5055.5 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Target	3910.50
Downside Target	4104.00
Downside Target	4432.60
Downside Target	4550.00
Downside Target	4600.00
Upside Target	4917.00
Upside Target	4925.15
Upside Target	5075.45

Intraday share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Intraday Target	4600.35
Downside Intraday Target	4302.6
Upside Intraday Target	5060.5
Upside Intraday Target	5222.9
Downside Intraday Target	4762.75

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	4898.10	4564.00	4925.15	4465.00	0.322 times
10 Thu Oct 2024	4917.00	4590.10	4917.00	4104.00	2.5 times
25 Wed Sep 2024	4126.85	4100.05	4273.00	3910.50	0.827 times
12 Thu Sep 2024	4295.40	4410.50	4550.00	4260.00	0.204 times
07 Wed Aug 2024	4654.75	4670.00	5075.45	4432.60	1.319 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
19 Tue Nov 2024	4898.10	4564.00	4925.15	4465.00	0.322 times
10 Thu Oct 2024	4917.00	4590.10	4917.00	4104.00	1.132 times
25 Wed Sep 2024	4126.85	4410.50	4550.00	3910.50	0.26 times
07 Wed Aug 2024	4654.75	4316.25	5075.45	4316.25	4.427 times

Scroll below to view daily charts

Price has moved down 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

MACD generated a SELL signal for Shakti Pumps in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shakti Pumps Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Shakti Pumps in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4482.57 and Shakti Pumps (SHAKTIPUMP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.