Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-21 View latest technical analysis

10 day averaged volume of Shakti Pumps is 96039

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	3302.75	3302.75	3302.75	3302.75	0.449 times
20 Thu Jun 2024	3145.50	3145.50	3145.50	3145.50	0.596 times
19 Wed Jun 2024	2995.75	2995.75	2995.75	2920.00	2.385 times
18 Tue Jun 2024	2853.10	2853.10	2853.10	2853.10	0.454 times
14 Fri Jun 2024	2717.25	2595.00	2721.85	2555.00	1.029 times
13 Thu Jun 2024	2592.25	2624.90	2625.00	2550.00	0.536 times
12 Wed Jun 2024	2598.95	2670.00	2697.00	2561.00	1.203 times
11 Tue Jun 2024	2628.15	2557.80	2628.15	2531.10	1.442 times
10 Mon Jun 2024	2503.00	2550.10	2587.00	2460.00	0.528 times
07 Fri Jun 2024	2521.80	2475.00	2550.00	2441.00	0.883 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 3338.3, for a target of 2848.4 or 2440.21

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	1887.00
Downside Target	1981.35
Downside Target	2184.40
Downside Target	2389.85
Downside Target	2441.00
Downside Target	2550.00
Downside Target	2721.85
Downside Target	2853.10
Downside Target	3302.75

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	3002.98
Downside Intraday Target	2703.22
Upside Intraday Target	3452.63
Upside Intraday Target	3602.52
Downside Intraday Target	3152.87

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	3302.75	2853.10	3302.75	2853.10	0.82 times
14 Fri Jun 2024	2717.25	2550.10	2721.85	2460.00	5.366 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

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	3302.75	2475.00	3302.75	2441.00	0.77 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 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 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 2782.52 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.