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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)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Shakti Pumps is 30019

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1477.35	1504.85	1540.00	1440.00	1.097 times
03 Wed Apr 2024	1491.90	1529.00	1543.00	1429.00	1.967 times
02 Tue Apr 2024	1470.25	1467.45	1470.25	1421.00	1.102 times
01 Mon Apr 2024	1400.25	1349.00	1400.25	1335.00	0.978 times
28 Thu Mar 2024	1333.60	1356.00	1360.00	1325.00	0.724 times
27 Wed Mar 2024	1345.40	1334.15	1360.00	1315.00	0.752 times
26 Tue Mar 2024	1334.15	1350.00	1390.00	1323.00	0.649 times
22 Fri Mar 2024	1342.00	1345.00	1350.00	1320.00	0.482 times
21 Thu Mar 2024	1332.60	1322.10	1362.00	1319.00	0.735 times
20 Wed Mar 2024	1316.75	1370.00	1370.00	1307.00	1.226 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 1513.3, for a target of 1412.6 or 1328.74

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	1252.00
Downside Target	1295.00
Downside Target	1390.00
Downside Target	1399.00
Upside Target	1543.00
Upside Target	1554.90

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	1360.57
Downside Intraday Target	1243.78
Upside Intraday Target	1568.57
Upside Intraday Target	1659.78
Downside Intraday Target	1451.78

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1477.35	1349.00	1543.00	1335.00	2.421 times
28 Thu Mar 2024	1333.60	1350.00	1390.00	1315.00	0.424 times
22 Fri Mar 2024	1342.00	1295.00	1399.00	1295.00	0.674 times
15 Fri Mar 2024	1279.65	1277.90	1310.00	1149.00	2.101 times
07 Thu Mar 2024	1274.20	1348.20	1348.20	1252.00	0.58 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
04 Thu Apr 2024	1477.35	1349.00	1543.00	1335.00	0.267 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1403.28 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.