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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 2024-08-12 View latest technical analysis

10 day averaged volume of Shakti Pumps is 114361

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	4682.55	4525.00	4682.55	4480.00	0.511 times
09 Fri Aug 2024	4459.60	4624.00	4624.00	4405.00	0.388 times
08 Thu Aug 2024	4550.55	4659.50	4659.50	4500.00	0.507 times
26 Fri Jul 2024	4424.70	4421.00	4579.95	4296.00	0.944 times
25 Thu Jul 2024	4426.35	4520.00	4739.00	4384.10	1.433 times
24 Wed Jul 2024	4516.10	4449.00	4516.10	4412.00	1.236 times
23 Tue Jul 2024	4301.05	4300.00	4301.05	3910.65	2.621 times
22 Mon Jul 2024	4096.25	4096.25	4096.25	4096.25	0.694 times
19 Fri Jul 2024	3901.20	4055.00	4098.95	3889.35	1.088 times
18 Thu Jul 2024	4094.05	4279.95	4279.95	3990.00	0.551 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 4715.1, for a target of 4489.7 or 4301.85

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
Downside Target	4659.50
Downside Target	4682.55
Upside Target	4690.00
Upside Target	4739.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	4547.52
Downside Intraday Target	4412.48
Upside Intraday Target	4750.07
Upside Intraday Target	4817.58
Downside Intraday Target	4615.03

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	4682.55	4525.00	4682.55	4480.00	0.571 times
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

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
12 Mon Aug 2024	4682.55	4659.50	4682.55	4405.00	0.065 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 4326.49 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.