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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 2024-07-01 View latest technical analysis

10 day averaged volume of Shakti Pumps is 118278

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	3847.90	3847.90	3847.90	3847.90	0.215 times
28 Fri Jun 2024	3664.70	3518.00	3664.70	3414.40	0.657 times
27 Thu Jun 2024	3490.20	3342.55	3509.65	3315.00	0.809 times
26 Wed Jun 2024	3342.55	3374.75	3421.95	3270.00	0.562 times
25 Tue Jun 2024	3371.45	3440.00	3595.00	3325.00	1.381 times
24 Mon Jun 2024	3467.85	3467.85	3467.85	3150.00	2.603 times
21 Fri Jun 2024	3302.75	3302.75	3302.75	3302.75	0.365 times
20 Thu Jun 2024	3145.50	3145.50	3145.50	3145.50	0.484 times
19 Wed Jun 2024	2995.75	2995.75	2995.75	2920.00	1.936 times
18 Tue Jun 2024	2853.10	2853.10	2853.10	2853.10	0.368 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 4041.2, for a target of 3412.3 or 2888.24

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	1149.00
Downside Target	1335.00
Downside Target	1399.00
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
Downside Target	3664.70
Downside Target	3847.90

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	3847.9
Downside Intraday Target	3847.9
Downside Intraday Target	3847.9
Downside Intraday Target	3847.9
Downside Intraday Target	3847.9

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	3847.90	3847.90	3847.90	3847.90	0.036 times
28 Fri Jun 2024	3664.70	3467.85	3664.70	3150.00	1.907 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

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
01 Mon Jul 2024	3847.90	3847.90	3847.90	3847.90	0.016 times
28 Fri Jun 2024	3664.70	2475.00	3664.70	2441.00	1.371 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

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 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 3325.94 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.