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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 2024-08-16 View latest technical analysis

10 day averaged volume of Shakti Pumps is 109046

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	4450.70	4475.00	4530.00	4405.00	0.32 times
14 Wed Aug 2024	4475.10	4492.10	4569.00	4322.00	0.503 times
13 Tue Aug 2024	4492.10	4794.00	4829.00	4448.45	0.756 times
12 Mon Aug 2024	4682.55	4525.00	4682.55	4480.00	0.536 times
09 Fri Aug 2024	4459.60	4624.00	4624.00	4405.00	0.407 times
08 Thu Aug 2024	4550.55	4659.50	4659.50	4500.00	0.532 times
26 Fri Jul 2024	4424.70	4421.00	4579.95	4296.00	0.99 times
25 Thu Jul 2024	4426.35	4520.00	4739.00	4384.10	1.503 times
24 Wed Jul 2024	4516.10	4449.00	4516.10	4412.00	1.296 times
23 Tue Jul 2024	4301.05	4300.00	4301.05	3910.65	2.749 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4509 as stoploss in an intra day sell trade for a target of 4317.03. However, stock will show a bullish move above 4509.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	1335.00
Downside Target	1981.35
Downside Target	2389.85
Downside Target	2441.00
Downside Target	3664.70
Downside Target	3847.90
Downside Target	4322.00
Upside Target	4659.50
Upside Target	4690.00
Upside Target	4739.00
Upside Target	4829.00

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	4238.8
Downside Intraday Target	4026.9
Upside Intraday Target	4745.8
Upside Intraday Target	5040.9
Upside Intraday Target	4533.9

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	4450.70	4525.00	4829.00	4322.00	2.255 times
09 Fri Aug 2024	4459.60	4659.50	4659.50	4405.00	0.129 times
26 Fri Jul 2024	4424.70	4096.25	4739.00	3910.65	2.297 times
19 Fri Jul 2024	3901.20	4231.00	4347.65	3889.35	0.615 times
12 Fri Jul 2024	4140.65	4690.00	4690.00	3871.00	0.731 times

Price has moved down 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
16 Fri Aug 2024	4450.70	4659.50	4829.00	4322.00	0.135 times
26 Fri Jul 2024	4424.70	3847.90	4739.00	3847.90	1.518 times
28 Fri Jun 2024	3664.70	2475.00	3664.70	2441.00	1.371 times
10 Fri May 2024	2173.30	2080.40	2389.85	2010.00	1.409 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 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 SELL signal for Shakti Pumps in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

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

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 4433.57 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.