Breakout soon in SHAKTI PUMPSAscending Triangle Breakout Setup
RSI above 60 and rising
Trading above EMA50
Volume increasing
4+ months of consolidation
Bonus announced
Enter after confirmation
Disc: for study , not a recommendation
SHAKTIPUMP trade ideas
Shakti Pump aiming for a base breakout.#positionalidea #shaktipump:
Looks good positionally if it breaks out of the base. Watch for base/Darvas box breakout for long opportunity.
🟢Trading above 50 DMA
🟢Good Relative Strength
🟢Good ROCE, ROE
🔴Circuit stock. Tends to hit UC/LC.
🔴Volume Needs improvement.
This is just a view and not a recommendation. Trade at your discretion.
➡️Market Cap---₹ 9,757 Cr.
➡️Current Price---₹ 4,870
➡️Stock P/E---29.7
➡️ROCE---31.4 %
➡️ROE---24.2 %
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.
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 4009
Next Resistance is at 4923
Support is at 3019
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.
SHAKTIPUMPSHAKTIPUMP :- Above breakout line it can do well
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Shakti Pumps reversingShakti pumps is showing early signs of reversal, if the stock closes above 4300 today, strength will prevail and chances of a new high are very high.
shakti pumpsstrong q1 growth
breakout
monsoon is good so stock can do good also as it islinked with agriculture
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.
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 3019
Next Resistance is at 4009
Support is at 2241
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.
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 2593
Next Resistance is at 3019
Support is at 1904
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.
Falling wedge trading set up1. Beautiful falling wedge with 5 months consolidation breakout
2. Clean & crisp structure for its continuation of uptrend
3. 1:4+ RR minimum
Shakti Pumps Technical Analysis: Inverse Head & Shoulders Patter1. Shakti Pumps Ready to Rally After an Inverse Head & Shoulders Pattern Break out
2.Volume is rising
3.RSI is trending
4.High Momentum stock
5.Mutual funds added 16,54,944 shares of Shakti Pumps with a total market value of Rs 220.70 crore in.Mar.24 (Highest MF buyers are SBI & LIC)
This idea is for educational purpose only. Take advice of your financial advisor before making any investment decision.
Simple Flag Breakout Looking very strong above 1075-very strong above 1075
-flag breakout
-consolidating before breakout in higher level shows strength
-rise in rsi & adx
-above all crucial ema
Shakti Pumps - Continued MomentumWith a guidance of another super result the stock could move still higher.
Long above 1540 with a SL below 1375.
Ideally the goal will be to hope there is first a correction which takes the stock close to 1400 where it'd make for a lower risk entry point and then buy again above 1540 or above 1565.
BREAKOUT IN SHAKTI PUMPS 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF Shakti pumps :-
•Breakout of VCP pattern on DTF
•Break counter trend line
•Volume Build-up Near breakout zone
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
as very longterm accumulation risk idea.cup handle pattern.
upmove can observe as accumulation on every dip for very long term
risk is ur ,decission is ur
posted as tren chart pattern analysis lerning only
Bullish breakout with good volumesThe stock has recently broken out of a rounding bottom pattern, and this breakout was supported by robust trading volumes. Importantly, good volumes were observed during the formation of the rounding bottom pattern, indicating sustained interest in the stock.
Furthermore, the breakout occurred after a period of consolidation at the breakout level, adding strength to the bullish move. Consolidation often suggests a stabilization of price levels, and the subsequent breakout implies a potential shift in market sentiment.
In summary, the rounding bottom pattern breakout with good volumes, combined with volume support during its formation and consolidation before the breakout, presents a compelling technical scenario. Investors and traders may interpret these signals as indicators of potential sustained upward momentum in the stock.
Shakti PumpsThe stock seems to be coming off a good earnings reaction with a strong start to the morning. It was tight before. A good R:R from a good structure. Let's see whether it works.
Shakti pumpsImpulse move Expected
1. Long If sustains above 1104
2. Target 1220
Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
This is for Educational purpose.
New All time high and rocket on the way.this stock is near its all time high and can fly swiftly. best thing is that is recent week it has hit UC and many bulk deals in past few days.
Clear Path to 1000...The stock is ready for a blast after sustaining near all time high. Expected to give swift 20% returns in a month.
SHAKTIPUMP Bullish; above 928 on Friday 05th Oct SHAKTIPUMP Bullish; above 928 on Friday 05th Oct
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
