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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)

10 day averaged volume of Shakti Pumps is 30825

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1768.20	1844.00	1844.00	1690.00	4.091 times
23 Tue Apr 2024	1761.35	1761.35	1761.35	1761.35	1.142 times
22 Mon Apr 2024	1677.50	1677.50	1677.50	1677.50	0.501 times
19 Fri Apr 2024	1597.65	1520.00	1597.65	1485.00	2.427 times
18 Thu Apr 2024	1521.60	1457.00	1521.60	1457.00	1.211 times
16 Tue Apr 2024	1449.15	1390.00	1456.00	1390.00	0.572 times
15 Mon Apr 2024	1424.75	1400.00	1450.00	1391.00	0.977 times
12 Fri Apr 2024	1463.05	1470.00	1521.00	1436.00	0.953 times
10 Wed Apr 2024	1461.75	1477.00	1490.00	1455.00	0.645 times
09 Tue Apr 2024	1475.65	1453.00	1480.00	1444.00	0.943 times

Stock of Shakti Pumps (SHAKTIPUMP_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 1758.6, for a target of 1609.5 or 1485.27

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	231.00
Downside Target	296.00
Downside Target	309.90
Downside Target	378.00
Downside Target	409.80
Downside Target	1149.00
Downside Target	1315.00
Downside Target	1390.00
Downside Target	1436.00
Downside Target	1521.00
Downside Target	1554.90
Downside Target	1597.65
Downside Target	1677.50
Upside Target	1844.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	1682.47
Downside Intraday Target	1596.73
Upside Intraday Target	1848.97
Upside Intraday Target	1929.73
Downside Intraday Target	1763.23

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1768.20	1677.50	1844.00	1677.50	1.105 times
19 Fri Apr 2024	1597.65	1400.00	1597.65	1390.00	1.637 times
12 Fri Apr 2024	1463.05	1454.95	1521.00	1436.00	0.485 times
05 Fri Apr 2024	1457.30	1349.00	1543.00	1335.00	3.158 times
28 Thu Mar 2024	1333.60	1350.00	1390.00	1315.00	0.424 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
24 Wed Apr 2024	1768.20	1349.00	1844.00	1335.00	1.1 times
28 Thu Mar 2024	1333.60	1322.00	1399.00	1149.00	0.872 times
29 Thu Feb 2024	1315.40	380.00	1554.90	378.00	0.581 times
29 Fri Jan 2021	377.10	297.10	409.80	296.00	1.021 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 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 BUY signal for Shakti Pumps in short term and the buy signal is strong.

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 tired and bears 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 buy signal for Shakti Pumps in short term and BUY 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 1616.04 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.