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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 2024-06-11 View latest technical analysis

10 day averaged volume of Shakti Pumps is 133456

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2628.15	2557.80	2628.15	2531.10	1.038 times
10 Mon Jun 2024	2503.00	2550.10	2587.00	2460.00	0.38 times
07 Fri Jun 2024	2521.80	2475.00	2550.00	2441.00	0.635 times
10 Fri May 2024	2173.30	2049.00	2175.40	2010.00	0.68 times
09 Thu May 2024	2071.85	2145.00	2145.00	2071.85	0.515 times
08 Wed May 2024	2180.90	2295.65	2295.65	2180.90	0.623 times
07 Tue May 2024	2295.65	2369.30	2389.85	2200.00	1.276 times
06 Mon May 2024	2293.60	2293.60	2293.60	2184.40	1.141 times
03 Fri May 2024	2184.40	2184.40	2184.40	2122.05	1.466 times
02 Thu May 2024	2080.40	2080.40	2080.40	2055.00	3.176 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2738.4, for a target of 2341.5 or 2010.71

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	378.00
Downside Target	1149.00
Downside Target	1335.00
Downside Target	1399.00
Downside Target	1554.90
Downside Target	1677.50
Downside Target	1856.60
Downside Target	1981.35
Downside Target	2184.40
Downside Target	2389.85
Downside Target	2441.00
Downside Target	2460.00
Downside Target	2550.00
Downside Target	2628.15

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	2516.05
Downside Intraday Target	2403.95
Upside Intraday Target	2684.2
Upside Intraday Target	2740.25
Downside Intraday Target	2572.1

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2628.15	2550.10	2628.15	2460.00	2.231 times
07 Fri Jun 2024	2521.80	2475.00	2550.00	2441.00	0.15 times
10 Fri May 2024	2173.30	2293.60	2389.85	2010.00	0.859 times
03 Fri May 2024	2184.40	1887.00	2184.40	1887.00	1.915 times
26 Fri Apr 2024	1797.15	1677.50	1856.60	1677.50	2.149 times

Price has moved up 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
11 Tue Jun 2024	2628.15	2475.00	2628.15	2441.00	0.231 times
10 Fri May 2024	2173.30	2080.40	2389.85	2010.00	1.409 times
30 Tue Apr 2024	1981.35	1349.00	1981.35	1335.00	1.456 times
28 Thu Mar 2024	1333.60	1322.00	1399.00	1149.00	0.872 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_BE)

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) 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_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) 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_BE) ) 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 BUY signal for Shakti Pumps in short term and the buy signal is strong.

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 stronger in this stock.

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 2245.2 and Shakti Pumps (SHAKTIPUMP_BE) 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_BE) stock. Volume based technical analysis of Shakti Pumps (SHAKTIPUMP_BE) 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.