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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 2024-10-30 View latest technical analysis

10 day averaged volume of Shakti Pumps is 51060

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	4451.40	4450.00	4523.95	4351.30	1.125 times
29 Tue Oct 2024	4449.45	4650.00	4650.00	4440.00	1.607 times
28 Mon Oct 2024	4451.35	4451.35	4451.35	4350.00	1.631 times
25 Fri Oct 2024	4239.40	4442.00	4490.00	4191.25	1.126 times
24 Thu Oct 2024	4411.80	4400.20	4450.00	4300.00	0.676 times
23 Wed Oct 2024	4443.25	4229.00	4504.40	4150.05	1.143 times
22 Tue Oct 2024	4289.95	4499.90	4499.90	4241.05	1.012 times
21 Mon Oct 2024	4464.25	4630.00	4639.95	4415.00	0.559 times
18 Fri Oct 2024	4604.05	4490.00	4724.80	4401.00	0.75 times
17 Thu Oct 2024	4507.15	4600.00	4600.00	4459.00	0.609 times

My analysis of stock is bearish for shortterm, and stock might move down till 4255.3 or till 3992.2. Use a stoploss of 4474.49 and if the stock hits stoploss, then it can shoot up till 4693.7

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	4150.05
Downside Target	4350.00
Upside Target	4603.30
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	4317.6
Downside Intraday Target	4183.8
Upside Intraday Target	4617.6
Upside Intraday Target	4783.8
Upside Intraday Target	4483.8

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	4451.40	4451.35	4650.00	4350.00	0.966 times
25 Fri Oct 2024	4239.40	4630.00	4639.95	4150.05	0.874 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

Price has moved up 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
30 Wed Oct 2024	4451.40	4484.15	5124.80	4150.05	2.147 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, and volume has increased substantially. This means that the move can 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 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_BE) ) based on a short to mid 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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 4423.49 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 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.