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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 2024-11-07 View latest technical analysis

10 day averaged volume of Shakti Pumps is 57983

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	4822.55	4658.95	4822.55	4605.00	1.101 times
06 Wed Nov 2024	4592.95	4460.00	4620.00	4420.00	0.94 times
05 Tue Nov 2024	4442.60	4450.00	4479.95	4405.00	0.636 times
04 Mon Nov 2024	4448.50	4584.00	4585.00	4366.75	1.47 times
01 Fri Nov 2024	4581.40	4649.90	4649.90	4500.00	0.403 times
31 Thu Oct 2024	4494.15	4484.00	4548.00	4398.35	1.122 times
30 Wed Oct 2024	4451.40	4450.00	4523.95	4351.30	0.991 times
29 Tue Oct 2024	4449.45	4650.00	4650.00	4440.00	1.415 times
28 Mon Oct 2024	4451.35	4451.35	4451.35	4350.00	1.437 times
25 Fri Oct 2024	4239.40	4442.00	4490.00	4191.25	0.992 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4708.4, but if it comes below 4708.4, then a intra day sell could be more profitable.
If you take a sell trade below 4708.4, then use 4708.4 as stoploss and 4537.03 as target. However if you take a buy trade in stock , then use 4708.4 as stoploss and 4914 as target.

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
Downside Target	4603.30
Downside Target	4800.00
Downside Target	4822.55
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	4518.68
Downside Intraday Target	4214.82
Upside Intraday Target	4974.48
Upside Intraday Target	5126.42
Downside Intraday Target	4670.62

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	4822.55	4584.00	4822.55	4366.75	0.773 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 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
07 Thu Nov 2024	4822.55	4649.90	4822.55	4366.75	0.235 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shakti Pumps in short term and BUY signal is strong.

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 4491.29 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.