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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 2024-06-27 View latest technical analysis

10 day averaged volume of Shakti Pumps is 117644

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	3490.20	3342.55	3509.65	3315.00	0.813 times
26 Wed Jun 2024	3342.55	3374.75	3421.95	3270.00	0.565 times
25 Tue Jun 2024	3371.45	3440.00	3595.00	3325.00	1.388 times
24 Mon Jun 2024	3467.85	3467.85	3467.85	3150.00	2.617 times
21 Fri Jun 2024	3302.75	3302.75	3302.75	3302.75	0.367 times
20 Thu Jun 2024	3145.50	3145.50	3145.50	3145.50	0.486 times
19 Wed Jun 2024	2995.75	2995.75	2995.75	2920.00	1.947 times
18 Tue Jun 2024	2853.10	2853.10	2853.10	2853.10	0.37 times
14 Fri Jun 2024	2717.25	2595.00	2721.85	2555.00	0.84 times
13 Thu Jun 2024	2592.25	2624.90	2625.00	2550.00	0.438 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3203.3, but if it comes below 3203.3, then a intra day sell could be more profitable.
If you take a sell trade below 3203.3, then use 3203.3 as stoploss and 2736.51 as target. However if you take a buy trade in stock , then use 3203.3 as stoploss and 3763.4 as target.

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	1981.35
Downside Target	2389.85
Downside Target	2441.00
Downside Target	2550.00
Downside Target	2721.85
Downside Target	2853.10
Downside Target	3150.00
Downside Target	3302.75
Upside Target	3595.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	3228.47
Downside Intraday Target	2966.73
Upside Intraday Target	3673.47
Upside Intraday Target	3856.73
Downside Intraday Target	3411.73

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	3490.20	3467.85	3595.00	3150.00	1.698 times
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

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
27 Thu Jun 2024	3490.20	2475.00	3595.00	2441.00	1.305 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 3207.03 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.