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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 2024-08-23 View latest technical analysis

10 day averaged volume of Shakti Pumps is 50313

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	4453.35	4544.95	4544.95	4400.00	0.876 times
22 Thu Aug 2024	4449.95	4430.00	4550.00	4399.95	0.781 times
21 Wed Aug 2024	4411.00	4300.00	4444.00	4300.00	0.705 times
20 Tue Aug 2024	4334.65	4408.00	4477.00	4301.00	0.784 times
19 Mon Aug 2024	4408.00	4518.00	4519.00	4350.00	1.112 times
16 Fri Aug 2024	4450.70	4475.00	4530.00	4405.00	0.694 times
14 Wed Aug 2024	4475.10	4492.10	4569.00	4322.00	1.091 times
13 Tue Aug 2024	4492.10	4794.00	4829.00	4448.45	1.639 times
12 Mon Aug 2024	4682.55	4525.00	4682.55	4480.00	1.161 times
09 Fri Aug 2024	4459.60	4624.00	4624.00	4405.00	0.881 times

My analysis of stock is bullish for shortterm, and stock might move up till 4546.6 or till 4762.7. Use a stoploss of 4366.46 and if this stock hits its stoploss, then it can fall down till 4186.35

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	4300.00
Upside Target	4550.00
Upside Target	4659.50
Upside Target	4739.00
Upside Target	4829.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	4318.9
Downside Intraday Target	4184.45
Upside Intraday Target	4568.9
Upside Intraday Target	4684.45
Downside Intraday Target	4434.45

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	4453.35	4518.00	4550.00	4300.00	0.928 times
16 Fri Aug 2024	4450.70	4525.00	4829.00	4322.00	2.255 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

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
23 Fri Aug 2024	4453.35	4659.50	4829.00	4300.00	0.222 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 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 neutral. A longer time frame might give a better analysis.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 4471.98 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.