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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 95274

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 2717.25 2595.00 2721.85 2555.00 1.037 times
13 Thu Jun 2024 2592.25 2624.90 2625.00 2550.00 0.541 times
12 Wed Jun 2024 2598.95 2670.00 2697.00 2561.00 1.213 times
11 Tue Jun 2024 2628.15 2557.80 2628.15 2531.10 1.454 times
10 Mon Jun 2024 2503.00 2550.10 2587.00 2460.00 0.532 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2500.9, but if it comes below 2500.9, then a intra day sell could be more profitable.
If you take a sell trade below 2500.9, then use 2500.9 as stoploss and 2177.71 as target. However if you take a buy trade in stock , then use 2500.9 as stoploss and 2888.7 as target.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type Value
Downside Target 378.00
Downside Target 1149.00
Downside Target 1335.00
Downside Target 1399.00
Downside Target 1554.90
Downside Target 1677.50
Downside Target 1856.60
Downside Target 1981.35
Downside Target 2184.40
Downside Target 2389.85
Downside Target 2441.00
Downside Target 2460.00
Downside Target 2550.00
Upside Target 2721.85

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type Value
Downside Intraday Target 2544.22
Downside Intraday Target 2371.18
Upside Intraday Target 2806.07
Upside Intraday Target 2894.88
Downside Intraday Target 2633.03

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 2717.25 2550.10 2721.85 2460.00 5.366 times
07 Fri Jun 2024 2521.80 2475.00 2550.00 2441.00 0.15 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 2717.25 2475.00 2721.85 2441.00 0.456 times
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

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 51, 8, 72 Buy
MACD 537, 486Buy
Stochastics 90Buy
CCI 84Buy
RSI 75Buy
OBV 1328245Sell
VWAP 2434Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

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 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 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 2433.88 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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