Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-06 View latest technical analysis

10 day averaged volume of Shakti Pumps is 52261

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	4410.45	4414.00	4455.30	4351.00	0.616 times
05 Thu Sep 2024	4364.85	4457.55	4490.00	4350.00	0.68 times
04 Wed Sep 2024	4457.55	4373.10	4489.95	4345.00	0.603 times
03 Tue Sep 2024	4424.00	4490.50	4520.00	4301.00	0.74 times
02 Mon Sep 2024	4490.50	4499.00	4603.30	4430.00	0.862 times
30 Fri Aug 2024	4471.65	4360.00	4540.10	4180.00	3.42 times
29 Thu Aug 2024	4323.95	4480.00	4500.00	4270.00	1.037 times
28 Wed Aug 2024	4477.10	4544.95	4544.95	4435.95	0.446 times
27 Tue Aug 2024	4498.20	4481.00	4530.00	4450.00	0.643 times
26 Mon Aug 2024	4482.85	4499.00	4549.00	4420.00	0.726 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 4378.5 as stoploss in an intra day buy trade for a target of 4450.91. However, stock will show a bearish move below 4378.5.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	2010.00
Downside Target	2389.85
Downside Target	2441.00
Downside Target	3664.70
Downside Target	3847.90
Downside Target	4180.00
Downside Target	4300.00
Upside Target	4549.00
Upside Target	4603.30
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	4273.2
Downside Intraday Target	4135.95
Upside Intraday Target	4575.5
Upside Intraday Target	4740.55
Upside Intraday Target	4438.25

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	4410.45	4499.00	4603.30	4301.00	0.558 times
30 Fri Aug 2024	4471.65	4499.00	4549.00	4180.00	1.531 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

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
06 Fri Sep 2024	4410.45	4499.00	4603.30	4301.00	0.209 times
30 Fri Aug 2024	4471.65	4659.50	4829.00	4180.00	0.355 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

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 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 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 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 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Shakti Pumps in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 4444.7 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.