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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 2024-08-09 View latest technical analysis

10 day averaged volume of Shakti Pumps is 119528

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	4459.60	4624.00	4624.00	4405.00	0.371 times
08 Thu Aug 2024	4550.55	4659.50	4659.50	4500.00	0.485 times
26 Fri Jul 2024	4424.70	4421.00	4579.95	4296.00	0.903 times
25 Thu Jul 2024	4426.35	4520.00	4739.00	4384.10	1.371 times
24 Wed Jul 2024	4516.10	4449.00	4516.10	4412.00	1.183 times
23 Tue Jul 2024	4301.05	4300.00	4301.05	3910.65	2.508 times
22 Mon Jul 2024	4096.25	4096.25	4096.25	4096.25	0.664 times
19 Fri Jul 2024	3901.20	4055.00	4098.95	3889.35	1.041 times
18 Thu Jul 2024	4094.05	4279.95	4279.95	3990.00	0.527 times
16 Tue Jul 2024	4189.05	4238.00	4240.00	4040.00	0.515 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4444.2, but if it comes below 4444.2, then a intra day sell could be more profitable.
If you take a sell trade below 4444.2, then use 4444.2 as stoploss and 4269.73 as target. However if you take a buy trade in stock , then use 4444.2 as stoploss and 4653.5 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	1335.00
Downside Target	1981.35
Downside Target	2389.85
Downside Target	2441.00
Downside Target	3664.70
Downside Target	3847.90
Downside Target	4347.65
Upside Target	4577.15
Upside Target	4659.50
Upside Target	4690.00
Upside Target	4739.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	4356.57
Downside Intraday Target	4253.53
Upside Intraday Target	4611.07
Upside Intraday Target	4762.53
Upside Intraday Target	4508.03

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	4459.60	4659.50	4659.50	4405.00	0.129 times
26 Fri Jul 2024	4424.70	4096.25	4739.00	3910.65	2.297 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

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
09 Fri Aug 2024	4459.60	4659.50	4659.50	4405.00	0.042 times
26 Fri Jul 2024	4424.70	3847.90	4739.00	3847.90	1.518 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

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 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 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 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 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 losing momentum.

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

Shakti Pumps Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Shakti Pumps in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL 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 4300.9 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.