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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 2024-07-25 View latest technical analysis

10 day averaged volume of Shakti Pumps is 117056

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	4426.35	4520.00	4739.00	4384.10	1.4 times
24 Wed Jul 2024	4516.10	4449.00	4516.10	4412.00	1.208 times
23 Tue Jul 2024	4301.05	4300.00	4301.05	3910.65	2.561 times
22 Mon Jul 2024	4096.25	4096.25	4096.25	4096.25	0.678 times
19 Fri Jul 2024	3901.20	4055.00	4098.95	3889.35	1.063 times
18 Thu Jul 2024	4094.05	4279.95	4279.95	3990.00	0.538 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	0.82 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	0.787 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4405.6, but if it comes below 4405.6, then a intra day sell could be more profitable.
If you take a sell trade below 4405.6, then use 4405.6 as stoploss and 4148.13 as target. However if you take a buy trade in stock , then use 4405.6 as stoploss and 4714.5 as target.

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	3150.00
Downside Target	3664.70
Downside Target	3847.90
Downside Target	4347.65
Upside Target	4577.15
Upside Target	4690.00
Upside Target	4739.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	3978.33
Downside Intraday Target	3530.32
Upside Intraday Target	4806.68
Upside Intraday Target	5187.02
Downside Intraday Target	4358.67

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	4426.35	4096.25	4739.00	3910.65	1.984 times
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

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
25 Thu Jul 2024	4426.35	3847.90	4739.00	3847.90	1.452 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL signal for Shakti Pumps in short term but the sell signal is initial and weak.

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 coming down

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 but buying is losing 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 4255.54 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.