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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 2024-10-22 View latest technical analysis

10 day averaged volume of Shakti Pumps is 63472

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	4289.95	4499.90	4499.90	4241.05	0.814 times
21 Mon Oct 2024	4464.25	4630.00	4639.95	4415.00	0.45 times
18 Fri Oct 2024	4604.05	4490.00	4724.80	4401.00	0.603 times
17 Thu Oct 2024	4507.15	4600.00	4600.00	4459.00	0.49 times
16 Wed Oct 2024	4605.75	4684.95	4763.00	4475.00	0.713 times
15 Tue Oct 2024	4683.50	4790.00	4790.00	4592.15	0.809 times
14 Mon Oct 2024	4790.90	5070.00	5073.00	4717.85	1.542 times
11 Fri Oct 2024	4966.15	5062.00	5124.80	4800.00	1.063 times
04 Fri Oct 2024	4547.15	4635.00	4789.40	4481.00	1.707 times
03 Thu Oct 2024	4708.35	4680.00	4708.35	4550.00	2.052 times

My analysis of stock is bearish for shortterm, and stock might move down till 4155.6 or till 3846.4. Use a stoploss of 4413.35 and if the stock hits stoploss, then it can shoot up till 4671.07

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	2441.00
Downside Target	3664.70
Downside Target	3847.90
Downside Target	3926.00
Downside Target	4148.00
Upside Target	4401.00
Upside Target	4603.30
Upside Target	4739.00
Upside Target	4789.40
Upside Target	4800.00
Upside Target	4829.00
Upside Target	5073.00
Upside Target	5124.80

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	4140.68
Downside Intraday Target	3991.42
Upside Intraday Target	4539.58
Upside Intraday Target	4789.22
Upside Intraday Target	4390.32

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	4289.95	4630.00	4639.95	4241.05	0.304 times
18 Fri Oct 2024	4604.05	5070.00	5073.00	4401.00	3.912 times
11 Fri Oct 2024	4966.15	5062.00	5124.80	4800.00	0.218 times
04 Fri Oct 2024	4547.15	3999.00	4789.40	3926.00	8.211 times
27 Fri Sep 2024	4067.30	4080.00	4148.00	3976.40	0.177 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
22 Tue Oct 2024	4289.95	4484.15	5124.80	4241.05	1.391 times
30 Mon Sep 2024	4270.65	4499.00	4603.30	3926.00	0.564 times
30 Fri Aug 2024	4471.65	4659.50	4829.00	4180.00	0.355 times
26 Fri Jul 2024	4424.70	3847.90	4739.00	3847.90	1.518 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shakti Pumps ( (SHAKTIPUMP_BE) ) based on a mid to longer 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.

ADX buy sell signal for Shakti Pumps stock for short term is BUY. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shakti Pumps in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 4651.83 and Shakti Pumps (SHAKTIPUMP_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.