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(SHAKTIPUMP) Shakti Pumps complete technical analysis [charts+indicators] | Buy/Sell Shakti Pumps | (SHAKTIPUMP) share price targets

Complete technical analysis of Shakti Pumps (SHAKTIPUMP) by charts plus indicators, forecast predictions and share price targets for Shakti Pumps (SHAKTIPUMP)

Shakti Pumps trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-01-31 View latest technical analysis

10 day averaged volume of Shakti Pumps is 344857

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1478.30	1470.00	1523.30	1412.15	1.392 times
30 Tue Jan 2024	1471.55	1370.00	1525.30	1355.45	4.449 times
29 Mon Jan 2024	1271.10	1271.10	1271.10	1221.55	1.959 times
25 Thu Jan 2024	1059.25	1069.90	1115.00	1052.00	0.375 times
24 Wed Jan 2024	1059.80	1066.00	1105.00	1050.30	0.302 times
23 Tue Jan 2024	1066.65	1115.00	1150.05	1056.00	0.348 times
22 Mon Jan 2024	1120.20	1135.00	1144.90	1111.00	0.147 times
19 Fri Jan 2024	1136.80	1164.65	1168.70	1122.00	0.274 times
18 Thu Jan 2024	1150.90	1108.80	1187.75	1101.00	1.125 times
17 Wed Jan 2024	1108.80	1060.75	1124.75	1047.75	0.739 times

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 1411.3, for a target of 1255.2 or 1125.19

Share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Target	730.20
Downside Target	843.55
Downside Target	924.95
Downside Target	989.75
Downside Target	1047.00
Downside Target	1093.95
Downside Target	1128.00
Downside Target	1150.05
Downside Target	1187.75
Downside Target	1221.55
Downside Target	1224.65
Upside Target	1525.30

Intraday share price targets for Shakti Pumps (SHAKTIPUMP)

Target Type	Value
Downside Intraday Target	1291.47
Downside Intraday Target	1104.63
Upside Intraday Target	1595.22
Upside Intraday Target	1712.13
Downside Intraday Target	1408.38

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1478.30	1271.10	1525.30	1221.55	6.651 times
25 Thu Jan 2024	1059.25	1135.00	1150.05	1050.30	0.444 times
19 Fri Jan 2024	1136.80	1076.60	1187.75	1047.75	0.799 times
12 Fri Jan 2024	1080.25	1017.00	1150.00	1011.65	3.754 times
05 Fri Jan 2024	1013.80	1032.90	1047.00	989.75	0.46 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)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1478.30	1032.90	1525.30	989.75	3.534 times
29 Fri Dec 2023	1023.50	1005.10	1093.95	928.95	0.768 times
30 Thu Nov 2023	1004.60	1041.90	1128.00	996.00	0.125 times
31 Tue Oct 2023	1035.65	860.80	1224.65	843.55	1.813 times

Scroll below to view daily charts

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

Indicators analysis of Shakti Pumps (SHAKTIPUMP)

Price action analysis of Shakti Pumps ( (SHAKTIPUMP) ) 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) ) 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) ) 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) ) 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 stronger in this stock.

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 1329.74 and Shakti Pumps (SHAKTIPUMP) 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) stock. Volume based technical analysis of Shakti Pumps (SHAKTIPUMP) 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.