(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)
Showing technical analysis as on 2022-05-02 View latest technical analysis
10 day averaged volume of Shakti Pumps is 14233
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Mon May 2022||508.25||533.00||533.00||496.75||3.404 times|
|29 Fri Apr 2022||532.00||544.10||551.35||527.05||0.42 times|
|28 Thu Apr 2022||546.45||548.90||555.00||539.45||0.567 times|
|27 Wed Apr 2022||545.20||557.00||557.00||539.00||0.38 times|
|26 Tue Apr 2022||554.40||544.35||572.40||540.05||2.918 times|
|25 Mon Apr 2022||535.75||557.00||557.00||530.05||0.814 times|
|22 Fri Apr 2022||557.30||559.95||565.20||552.60||0.644 times|
|21 Thu Apr 2022||567.20||533.00||573.95||533.00||1.202 times|
|20 Wed Apr 2022||533.50||539.75||548.65||530.45||1.089 times|
|19 Tue Apr 2022||539.75||557.15||561.50||529.55||0.416 times|
Stock of Shakti Pumps (ShaktiPumps) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 514.5, but if it comes above 514.5, then a intra day buy could be more profitable.
If you take a sell trade below 514.5, then use 514.5 as stoploss and 489.5 as target. However if you take a buy trade in stock , then use 514.5 as stoploss and 535.26 as target.
Share price targets for Shakti Pumps (ShaktiPumps)
Intraday share price targets for Shakti Pumps (ShaktiPumps)
|Downside Intraday Target||492.33|
|Downside Intraday Target||476.42|
|Upside Intraday Target||528.58|
|Upside Intraday Target||548.92|
|Upside Intraday Target||512.67|
Weekly technical analysis of Shakti Pumps (ShaktiPumps)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Mon May 2022||508.25||533.00||533.00||496.75||0.668 times|
|29 Fri Apr 2022||532.00||557.00||572.40||527.05||1.041 times|
|22 Fri Apr 2022||557.30||552.20||573.95||529.55||0.99 times|
|13 Wed Apr 2022||554.75||537.00||580.00||532.55||0.633 times|
|08 Fri Apr 2022||537.60||506.35||548.20||494.65||0.859 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 (ShaktiPumps)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|02 Mon May 2022||508.25||533.00||533.00||496.75||0.142 times|
|29 Fri Apr 2022||532.00||464.50||580.00||464.00||1.106 times|
|31 Thu Mar 2022||458.50||491.00||535.00||453.00||2.026 times|
|28 Mon Feb 2022||491.95||610.00||628.40||480.35||0.431 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 (ShaktiPumps)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 30, 22||Sell|
Price action analysis of Shakti Pumps ( (ShaktiPumps) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shakti Pumps ( (ShaktiPumps) ) 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 ( (ShaktiPumps) ) based on a short to mid 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.
Price action analysis of Shakti Pumps ( (ShaktiPumps) ) 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 but the sell signal is initial and weak.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 537.42 and Shakti Pumps (ShaktiPumps) 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 (ShaktiPumps) stock. Volume based technical analysis of Shakti Pumps (ShaktiPumps) 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.