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

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

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Shakti Pumps is 30922

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	1218.75	1165.00	1218.75	1149.00	0.931 times
13 Wed Mar 2024	1160.75	1210.05	1220.00	1156.40	2.036 times
12 Tue Mar 2024	1217.25	1250.50	1273.15	1212.00	1.448 times
11 Mon Mar 2024	1273.15	1277.90	1310.00	1232.00	1.411 times
07 Thu Mar 2024	1274.20	1252.00	1280.00	1252.00	1.113 times
06 Wed Mar 2024	1278.55	1313.00	1313.00	1252.00	0.9 times
05 Tue Mar 2024	1310.85	1333.00	1338.80	1280.00	0.945 times
04 Mon Mar 2024	1327.45	1348.20	1348.20	1315.20	0.481 times
02 Sat Mar 2024	1336.20	1359.95	1365.00	1310.00	0.159 times
01 Fri Mar 2024	1332.25	1322.00	1362.00	1311.00	0.929 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1249.3, but if it comes above 1249.3, then a intra day buy could be more profitable.
If you take a sell trade below 1249.3, then use 1249.3 as stoploss and 1142.6 as target. However if you take a buy trade in stock , then use 1249.3 as stoploss and 1338.3 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	210.05
Downside Target	231.00
Downside Target	240.00
Downside Target	296.00
Downside Target	309.90
Downside Target	378.00
Downside Target	409.80
Downside Target	1149.00
Upside Target	1252.00
Upside Target	1293.95
Upside Target	1399.90
Upside Target	1419.90
Upside Target	1524.90
Upside Target	1554.90

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	1141.83
Downside Intraday Target	1064.92
Upside Intraday Target	1302.83
Upside Intraday Target	1386.92
Upside Intraday Target	1225.92

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	1218.75	1277.90	1310.00	1149.00	1.694 times
07 Thu Mar 2024	1274.20	1348.20	1348.20	1252.00	0.58 times
02 Sat Mar 2024	1336.20	1399.95	1419.90	1293.95	0.757 times
23 Fri Feb 2024	1381.00	1481.65	1554.90	1330.10	1.725 times
16 Fri Feb 2024	1481.65	1466.00	1524.90	1399.90	1.075 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	1218.75	1322.00	1365.00	1149.00	0.483 times
29 Thu Feb 2024	1315.40	380.00	1554.90	378.00	0.581 times
29 Fri Jan 2021	377.10	297.10	409.80	296.00	1.021 times
31 Thu Dec 2020	296.80	248.00	309.90	231.00	1.843 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_BE)

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shakti Pumps stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Shakti Pumps Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1251.15 and Shakti Pumps (SHAKTIPUMP_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Shakti Pumps Stock has given negative 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.