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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 2024-11-04 View latest technical analysis

10 day averaged volume of Shakti Pumps is 54180

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	4448.50	4584.00	4585.00	4366.75	1.573 times
01 Fri Nov 2024	4581.40	4649.90	4649.90	4500.00	0.432 times
31 Thu Oct 2024	4494.15	4484.00	4548.00	4398.35	1.2 times
30 Wed Oct 2024	4451.40	4450.00	4523.95	4351.30	1.061 times
29 Tue Oct 2024	4449.45	4650.00	4650.00	4440.00	1.514 times
28 Mon Oct 2024	4451.35	4451.35	4451.35	4350.00	1.537 times
25 Fri Oct 2024	4239.40	4442.00	4490.00	4191.25	1.061 times
24 Thu Oct 2024	4411.80	4400.20	4450.00	4300.00	0.637 times
23 Wed Oct 2024	4443.25	4229.00	4504.40	4150.05	1.077 times
22 Tue Oct 2024	4289.95	4499.90	4499.90	4241.05	0.953 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4369.1 as stoploss in an intra day buy trade for a target of 4531.1. However, stock will show a bearish move below 4369.1.

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	3847.90
Downside Target	3926.00
Downside Target	4150.05
Downside Target	4350.00
Upside Target	4585.00
Upside Target	4650.00
Upside Target	4739.00
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	4348.5
Downside Intraday Target	4248.5
Upside Intraday Target	4566.75
Upside Intraday Target	4685
Upside Intraday Target	4466.75

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	4448.50	4584.00	4585.00	4366.75	0.274 times
01 Fri Nov 2024	4581.40	4451.35	4650.00	4350.00	1.35 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

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
04 Mon Nov 2024	4448.50	4649.90	4649.90	4366.75	0.097 times
31 Thu Oct 2024	4494.15	4484.15	5124.80	4150.05	2.279 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

Scroll below to view daily charts

Price has moved down 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 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 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 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. Bulls are getting stronger in this stock.

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 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 4423.05 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 has given negative 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.