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...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: Shakti Pumps 🔍 Description: Moment Stock with Strong Support, Law of polarity, breakout. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
1. Formation of cup pattern 2.Gap up possibility is more Take profit in btst trade
A Classic Wyckoff Accumulation Scenario. Price ranged for nearly 6 months in the ~20% range. There was a heavy buying imbalance (Demand) in mid-May that resulted in the price moving up ~40%, followed by a consolidation till now. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Shakti Pumps 624 till now all done - Fresh Breakout above 600 sustaining - accumulation going on Target 710/740/800/900++ Can use the dips
Stock has given BO with massive volume and then retest it's BO zone, and again near BO at weekly chart, follow chart for proper entry and exit levels.
CMP: 563 - Trading in the Inverse Head & Shoulders pattern - Formed a Doji candle near a crucial resistance - Support: 530-535
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...
Very good stock good R:R Trend is change seen in charts fundamentally very good stock
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...
TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
good risk reward------------ purple lines are the targets expected------------
Positional Trade: Shakti Pumps CMP: 824 Target: Open Stop Loss: 780
It has given Trend Line breakout on Daily and Weekly chart with a v.good delivery volume . It has also given Flag Pattern breakout on the weekly chart. All oscillators are in bullish bios. ADX is indicating strength in the uptrend. We can expect a Flag Pattern price target up to 945 in Mid Term.
Buying 580/590 With SL at 460 for 740+ target
After sharp move stock go in consolidation mode may be running accumulation phase may give up move again worth to Keep in watchlist Fundamental view : Promoter increase their holding