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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shakti Pumps is 39885

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	4323.95	4480.00	4500.00	4270.00	1.359 times
28 Wed Aug 2024	4477.10	4544.95	4544.95	4435.95	0.585 times
27 Tue Aug 2024	4498.20	4481.00	4530.00	4450.00	0.843 times
26 Mon Aug 2024	4482.85	4499.00	4549.00	4420.00	0.952 times
23 Fri Aug 2024	4453.35	4544.95	4544.95	4400.00	1.105 times
22 Thu Aug 2024	4449.95	4430.00	4550.00	4399.95	0.985 times
21 Wed Aug 2024	4411.00	4300.00	4444.00	4300.00	0.889 times
20 Tue Aug 2024	4334.65	4408.00	4477.00	4301.00	0.988 times
19 Mon Aug 2024	4408.00	4518.00	4519.00	4350.00	1.403 times
16 Fri Aug 2024	4450.70	4475.00	4530.00	4405.00	0.875 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4323.4 as stoploss in an intra day buy trade for a target of 4435.71. However, stock will show a bearish move below 4323.4.

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	4270.00
Upside Target	4549.00
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	4212.97
Downside Intraday Target	4101.98
Upside Intraday Target	4491.97
Upside Intraday Target	4659.98
Upside Intraday Target	4380.98

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	4323.95	4499.00	4549.00	4270.00	0.696 times
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

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
29 Thu Aug 2024	4323.95	4659.50	4829.00	4270.00	0.282 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 down 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 4421.26 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.