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(ShaktiPumps) Shakti Pumps complete technical analysis [charts+indicators] | Buy/Sell Shakti Pumps | (ShaktiPumps) share price targets

Complete technical analysis of Shakti Pumps (ShaktiPumps) by charts plus indicators, forecast predictions and share price targets for Shakti Pumps (ShaktiPumps)

10 day averaged volume of Shakti Pumps is 39414

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 2823.55 2795.00 2823.55 2723.95 0.801 times
20 Mon May 2024 2689.10 2686.95 2689.10 2676.35 0.433 times
17 Fri May 2024 2561.05 2505.95 2561.05 2470.00 1.583 times
16 Thu May 2024 2439.10 2516.30 2543.35 2369.65 0.433 times
15 Wed May 2024 2467.00 2506.20 2506.20 2405.05 3.685 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2857.2, for a target of 2496.7 or 2196.31

Share price targets for Shakti Pumps (ShaktiPumps)

Target Type Value
Downside Target 990.00
Downside Target 1121.00
Downside Target 1267.85
Downside Target 1300.00
Downside Target 1399.00
Downside Target 1523.90
Downside Target 1599.50
Downside Target 1686.90
Downside Target 1850.00
Downside Target 1974.65
Downside Target 2068.00
Downside Target 2177.00
Downside Target 2400.00
Downside Target 2561.05
Downside Target 2676.35
Downside Target 2823.55

Intraday share price targets for Shakti Pumps (ShaktiPumps)

Target Type Value
Downside Intraday Target 2725.42
Downside Intraday Target 2627.28
Upside Intraday Target 2872.62
Upside Intraday Target 2921.68
Downside Intraday Target 2774.48

Weekly technical analysis of Shakti Pumps (ShaktiPumps)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 2823.55 2686.95 2823.55 2676.35 0.17 times
17 Fri May 2024 2561.05 2229.95 2561.05 2068.00 2.914 times
10 Fri May 2024 2173.65 2285.85 2400.00 1975.00 3.989 times
03 Fri May 2024 2177.00 1880.65 2177.00 1880.65 0.336 times
26 Fri Apr 2024 1791.10 1686.90 1850.00 1686.90 1.448 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 (ShaktiPumps)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 2823.55 2073.35 2823.55 1975.00 2.653 times
30 Tue Apr 2024 1974.65 1315.00 1974.65 1267.85 1.673 times
28 Thu Mar 2024 1334.55 1338.25 1399.00 1121.00 0.518 times
29 Thu Feb 2024 1313.60 1498.80 1599.50 1300.00 0.404 times

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 (ShaktiPumps)

Indicator Name Indicator Value Indicator Signal
ADX 53, 9, 70 Buy
MACD 505, 437Buy
Stochastics 100Buy
CCI 139Buy
RSI 69Buy
OBV 343028Sell
VWAP 2446Buy
ADL 0Sell
ROC 23Buy
Force Index 0Sell

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

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 red color and prices are in or above the red 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

Stock of Shakti Pumps is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2446.27 and Shakti Pumps (ShaktiPumps) 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 (ShaktiPumps) stock. Volume based technical analysis of Shakti Pumps (ShaktiPumps) 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.

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