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Shaktipumps

Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 4923 Next Resistance is at 5795 Support is at 3880 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHAKTIPUMPLong
by MandeepSinghKohli
Shakti pumps-A long-term investment stock!Shakti pumps had given volume breakout of cup and handle pattern in weekly time frame Stock is retesting the breakout and low volumes during retracement indicate the same. If the stock bounces from this support of 950-975, one must not miss this stock for medium to long term. Levels mentioned on chart. One of the best stock to invest in "Make in India" growth story. Stock has given remarkable returns in the last 1 year and has the potential to give similar returns in coming years.
NSE:SHAKTIPUMPLong
by chartistamey
Shakti Pumps - Possible Breakout scenario Key highlights: ⚡️ Bullish market structure - clear formation of Higher highs and higher lows. ⚡️ Inverse Head & Shoulders pattern. ⚡️ Attempting to reclaim the flip level. ⚡️ Any pullback towards the 450 zones seems like a buying opportunity until and unless the price closes below the 450 level, decisively with good volume. ⚡️ The long target is 700 and higher. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:SHAKTIPUMPLong
by johntradingwick
1
Will history repeat itself?Chart -> Shakti Pumps Weekly After making an all-time high in 2018, the stock was in a downtrend and given a symmetrical triangle breakout at the bottom for a giant rally. The stock becomes 3 times in a short time after the breakout! This time the same structure has repeated! After making an all-time high, the stock was in a downtrend and this week gave a symmetrical triangle breakout! CMP: 547 Targets: 600, 700, 850 SL: 460 weekly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
NSE:SHAKTIPUMPLong
by kathanthakkar403
SHAKTI PUMPSNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:SHAKTIPUMPLong
by SENSITRADE_T