Shakti pump accumulation phaseAfter 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
SHAKTIPUMP trade ideas
Shakti pump: Rounding bottom in formationAll levels are mentioned on the chart.
DISC: consult your financial advisor before making any bet. For educational purposes only.
SHAKTIPUMP Weekly Chart AnalysisOn weekly chart Shaktipump
Triangle Breakout
Fibonacci level breakout &
Presence of Doji and Bearish Engulfing candle
Please comment your view !!!
No Trade Suggestions !!!
Thank you
Shakti PumpsShakti Pumps - Cmp 576
Possible breakout candidate if closes and sustains above 569. Can long for initial targets of 600+.
SHAKTIPUMP - RECTANGULAR BREAKOUTStock is currently in uptrend (HH &LL). Stock has consolidated well and now given breakout with good volumes .
Buy shakti Pump!If you're a swing trader you're supposed to buy Shakti Pump for a target of 600 +. Hit the follow button for more.
I'm all open to your doubt queries.
SHAKTI PUMPS INDIA Breakout PositionalNSE:SHAKTIPUMP Levels are Mentioned in the chart... Look for Swing...
Note:
1. Views are personal. 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... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
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
Shakti PumpShakti pump is very strong on weely charget. good demand of stockt, near term reach make new high
Shakti Pumps - Breakout with volumesA stock that is a major beneficiary of the budget and the switch towards solar pumps. We currently consume way too much of the countries electricity produced for these pumps and the govt is trying hard to replace them with solar power. Shakti is the market leader in such pumps.
Because the stock has run up alot i wouldnt suggest a buy at CMP but on a breakout retest.
Ideally closer to 475 with a 5% stoploss. Keep this stock on your watchlist for now.
Shakti PumpsBreakout on the daily charts.
Ride the Channel and breakouts for the targets.
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Shakti PumpIf it breaks 300 level it has a 50% upside till 450 levels.
1.5 Risk to Reward.
Medium term trade.
Shakti Pump is it forming impulse wave?A Microcap with sound fundamentals looking for breakout? Massive volume observed Close above 192 on daily chart will confirm. Wave 3 target 283. Failure to close will confirm corrective wave still in progress.
Microscap stock highly risky not suitable for all investors do your own study or ask your financial advisors before investing.
bought few for targets of 435,490! risky bet! sl 389 on closingDisclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Shakti pumps Looks like it will retract a bit before trying to enter the clouds.
Once it enters the cloud and breaches it it will see some good growth.
will update the charts as price action develops.
Shakti pumps - Nearing buy levels; WATCHLIST STOCKHAVE A WATCH.
Shakti pumps.
CMP 532.
Weekly Chart.
LONG PREFERRED ONLY ABOVE 560. HENCE DO NOT BUY IF PRICE DOES NOT CROSS 560. VERY IMPORTANT.
Target 650 plus.
Cup formation in progress in weekly chart.
MACD showing bullish signs.
Weekly Trade - Low probability in Shakti pumpsHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for Shakti Pumps
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Entry: Type 2; i.e. Wait for 1 candle to close inside zone and buy at next green candle
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
