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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 2024-12-06 View latest technical analysis

10 day averaged volume of Shakti Pumps is 77306

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	764.75	775.00	779.95	751.30	2.783 times
05 Thu Dec 2024	774.75	780.00	786.00	771.50	1.925 times
04 Wed Dec 2024	780.45	785.05	787.00	772.05	3.193 times
14 Thu Nov 2024	4467.30	4369.00	4529.30	4346.45	0.373 times
13 Wed Nov 2024	4377.60	4565.00	4566.00	4346.45	0.601 times
12 Tue Nov 2024	4575.20	4739.90	4739.90	4540.00	0.465 times
11 Mon Nov 2024	4710.35	4650.00	4745.00	4475.10	0.554 times
08 Fri Nov 2024	4687.05	4820.00	4874.95	4600.00	0.881 times
07 Thu Nov 2024	4822.55	4658.95	4822.55	4605.00	0.826 times
06 Wed Nov 2024	4592.95	4460.00	4620.00	4420.00	0.705 times

Stock of Shakti Pumps (SHAKTIPUMP_BE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1001.2, for a target of 2608.7 or 3948.31

Share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Target	751.30
Upside Target	787.00
Upside Target	3926.00
Upside Target	4150.05
Upside Target	4346.45
Upside Target	4603.30
Upside Target	4639.95
Upside Target	4650.00
Upside Target	4745.00
Upside Target	4829.00
Upside Target	4874.95
Upside Target	5124.80

Intraday share price targets for Shakti Pumps (SHAKTIPUMP_BE)

Target Type	Value
Downside Intraday Target	748.37
Downside Intraday Target	731.98
Upside Intraday Target	784.07
Upside Intraday Target	803.38
Upside Intraday Target	767.68

Weekly technical analysis of Shakti Pumps (SHAKTIPUMP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	764.75	785.05	787.00	751.30	3.965 times
14 Thu Nov 2024	4467.30	4650.00	4745.00	4346.45	0.499 times
08 Fri Nov 2024	4687.05	4584.00	4874.95	4366.75	0.992 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

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
06 Fri Dec 2024	764.75	785.05	787.00	751.30	1.257 times
14 Thu Nov 2024	4467.30	4649.90	4874.95	4346.45	0.432 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

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Shakti Pumps in short term and the sell signal is strong.

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 SELL signal in short term but selling 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 2153.15 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.