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Stock analysis Shakti Pumps (India) Limited SHAKTIPUMP

More indepth analysis on MunafaSutra.com

Moving Averages for Shakti Pumps (India) Limited

  • 5Day Average: 2482.82
  • 12Day Average: 2539.32
  • 20Day Average: 2478.36
  • 50Day Average: 1680.99
  • 100Day Average: 1349.96
  • 150Day Average: 1164.42
  • 200Day Average: 1021.82

SHAKTIPUMP Indicators & signals

Indicator MACD (12,26,9)

2459.1, 2227.76, 293.77
Indicator MACD is in positive zone

Indicator ADX (14)

22.21, 33.27, 21.18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHAKTIPUMP Shakti Pumps (India) Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Thu Jun 2024 2479.25 2425.00 to 2498.20 4.2% 1.1 times
05 Wed Jun 2024 2379.25 2347.75 to 2439.95 -3.72% 1.44 times
04 Tue Jun 2024 2471.30 2471.30 to 2570.00 -5% 0.81 times
03 Mon Jun 2024 2601.35 2500.00 to 2607.05 4.77% 1.17 times
31 Fri May 2024 2482.95 2348.35 to 2520.95 0.44% 1.11 times
30 Thu May 2024 2471.95 2445.00 to 2524.90 2.8% 0.85 times
29 Wed May 2024 2404.70 2385.00 to 2542.00 -3.53% 1.18 times
28 Tue May 2024 2492.75 2492.35 to 2623.50 -4.98% 0.66 times
27 Mon May 2024 2623.50 2576.15 to 2748.70 -2.73% 0.58 times
24 Fri May 2024 2697.00 2621.00 to 2828.10 0.13% 0.92 times
23 Thu May 2024 2693.45 2540.70 to 2808.10 0.71% 1.28 times
22 Wed May 2024 2674.40 2674.40 to 2955.90 -5% 1.94 times

Technical analysis forecast of Shakti Pumps (India) Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shakti Pumps (India) Limited SHAKTIPUMP at this time. Stock is rising and might rise more.

It appears as if Shakti Pumps (India) Limited SHAKTIPUMP gave a large move recently.

Stock of Shakti Pumps (India) Limited (SHAKTIPUMP) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Shakti Pumps (India) Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2594.9 as stoploss in an intra day sell trade for a target of 2335.63. However, stock will show a bullish move above 2594.9.

More indepth analysis on MunafaSutra.com