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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 2024-07-19 View latest technical analysis

10 day averaged volume of Shakti Pumps is 117167

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	3901.20	4055.00	4098.95	3889.35	1.062 times
18 Thu Jul 2024	4094.05	4279.95	4279.95	3990.00	0.537 times
16 Tue Jul 2024	4189.05	4238.00	4240.00	4040.00	0.525 times
15 Mon Jul 2024	4212.80	4231.00	4347.65	4170.00	0.819 times
12 Fri Jul 2024	4140.65	4285.55	4350.15	4082.00	0.455 times
11 Thu Jul 2024	4285.55	4250.00	4439.95	4113.00	0.786 times
10 Wed Jul 2024	4278.40	3931.00	4278.40	3871.00	1.363 times
09 Tue Jul 2024	4074.70	4150.00	4199.00	4074.70	0.997 times
08 Mon Jul 2024	4289.15	4690.00	4690.00	4289.15	1.187 times
05 Fri Jul 2024	4514.90	4577.15	4577.15	4405.50	1.89 times

My analysis of stock is bearish for shortterm, and stock might move down till 3583 or till 3136.1. Use a stoploss of 3955.37 and if the stock hits stoploss, then it can shoot up till 4327.75

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	2853.10
Downside Target	3150.00
Downside Target	3302.75
Downside Target	3664.70
Downside Target	3847.90
Upside Target	4347.65
Upside Target	4577.15
Upside Target	4690.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	3744.48
Downside Intraday Target	3587.77
Upside Intraday Target	4202.78
Upside Intraday Target	4504.37
Upside Intraday Target	4046.07

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	3901.20	4231.00	4347.65	3889.35	0.615 times
12 Fri Jul 2024	4140.65	4690.00	4690.00	3871.00	0.731 times
05 Fri Jul 2024	4514.90	3847.90	4577.15	3847.90	1.079 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

Price has moved down 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
19 Fri Jul 2024	3901.20	3847.90	4690.00	3847.90	1.03 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Shakti Pumps in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY 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 4236.73 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.