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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 127997

Date Daily Closing Price Open High Low Volume
10 Fri May 2024 2173.30 2049.00 2175.40 2010.00 0.709 times
09 Thu May 2024 2071.85 2145.00 2145.00 2071.85 0.537 times
08 Wed May 2024 2180.90 2295.65 2295.65 2180.90 0.65 times
07 Tue May 2024 2295.65 2369.30 2389.85 2200.00 1.33 times
06 Mon May 2024 2293.60 2293.60 2293.60 2184.40 1.19 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2137.3, but if it comes below 2137.3, then a intra day sell could be more profitable.
If you take a sell trade below 2137.3, then use 2137.3 as stoploss and 1845.54 as target. However if you take a buy trade in stock , then use 2137.3 as stoploss and 2487.4 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type Value
Downside Target 296.00
Downside Target 378.00
Downside Target 409.80
Downside Target 1149.00
Downside Target 1335.00
Downside Target 1390.00
Downside Target 1436.00
Downside Target 1521.00
Downside Target 1554.90
Downside Target 1597.65
Downside Target 1677.50
Downside Target 1856.60
Downside Target 1981.35
Upside Target 2184.40
Upside Target 2389.85

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type Value
Downside Intraday Target 1992.25
Downside Intraday Target 1811.2
Upside Intraday Target 2372.1
Upside Intraday Target 2570.9
Upside Intraday Target 2191.05

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date Weekly Closing Price Open High Low Volume
10 Fri May 2024 2173.30 2293.60 2389.85 2010.00 0.859 times
03 Fri May 2024 2184.40 1887.00 2184.40 1887.00 1.915 times
26 Fri Apr 2024 1797.15 1677.50 1856.60 1677.50 2.149 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

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
10 Fri May 2024 2173.30 2080.40 2389.85 2010.00 1.409 times
30 Tue Apr 2024 1981.35 1349.00 1981.35 1335.00 1.456 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 0.609 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 42, 17, 41 Buy
MACD 400, 379Buy
Stochastics 62None
CCI 16Buy
RSI 62Buy
OBV 1287312Sell
VWAP 2146Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

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 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 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 losing momentum.

MACD generated a BUY signal for Shakti Pumps in short term and the buy signal is strong.

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 red color and prices are in or above the red 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

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 2145.62 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.

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