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.
SHAKTIPUMP trade ideas
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.
$ShaktiPump - Weekly chart analysisAfter the breakout of the down trend line with volume support it tested the small resistance level (534-557) and closed above it. It's now consolidating in a tight range. A daily close above 598 levels with volume support would confirm the start on and uptrend and can test the upper resistance levels.
Disclaimer: This is just an analysis. Trade on your own risk with proper position sizing.
Nearing Pivote#Shakti Pumps
-It is pioneer in manufacturing 100% energy efficient stainless steel Submersible Solar pumps and motors.
-Market Cap₹ 1,665 Cr.
ROCE 10.4 %
InstHold 0.54%
-Growth 3 Years
Sales 36%
PAT 54%
-Nearing ATH.
-Close above 930 Will lead further upmove.
Price ready for breakoutOn weekly time frame price is at its supply area.
Buy with some caution as price may retrace.
Fundamentals are average.
Maintain SL asp risk management.
Super Setup 📌Super Setup
✅For this week
METROBRAND
+ Volatility and Volume Contraction
+ Trading around ATH
+ In a strong uptrend
+ Trading above Key EMAs
SHAKTIPUMP - Shakti Pumps IndiaShakti Pumps (India) Ltd specializes in the production of a diverse range of pumps and motors. Additionally, the company provides cutting-edge water pumping solutions tailored to meet the needs of various sectors, including agriculture, horticulture, residential water supply, and both commercial and industrial applications.
🔹 Technicals:
▸ Trend changed in April
▸ Confirmed uptrend
▸ 20 and 50 EMA has acted as a support
▸ Good chance that it goes into consolidation for some time before moving higher
▸ A demand zone is present at 580-620. This zone could provide a bounce if and whenever the price returns to it.
▸ 200 EMA is also coinciding with the demand zone, thereby creating a confluence zone.
🔸 Fundamentals:
March 2023
▸ Sales: 968 Cr
▸ Sales Growth: -18%
▸ Net Profit: 24 Cr
▸ Net Profit Growth: -18%
March 2022
▸ Sales: 1179 Cr
▸ Sales Growth: 27%
▸ Net Profit: 65 Cr
▸ Net Profit Growth: 24%
March 2021
▸ Sales: 930 Cr
▸ Sales Growth: 143%
▸ Net Profit: 76 Cr
▸ Net Profit Growth: 24%
Muted sales in 2023 and the OPM% has also shrunk.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
EXCITING BULLISH IDEA📈 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.
Shakti PumpsRounding base formation on a weekly chart frame with price volume action CMP 757 for Target 910
Unleashing a Breakout Surge, Your Opportunity
Shakti Pumps Ltd.: Unleashing a Breakout Surge - Your Opportunity Awaits!
Trade Details
- Name of The Stock: Shakti Pumps Ltd.
- Stock Category: Small Cap
- Trade Type: Positional Trade or Momentum Investment
- Duration: More than 60 days
- Entry Level: Between 625 to 660
- Stop Loss: Initial 575 (Trail accordingly)
- Target-1: Set at 900 - Brace for Impact!
Chart Details
Attention Traders: Shakti Pumps Roars to Life - Seize the Moment!
Witness the Accumulating Zone - Prime Time to Join the Action!
Accumulation Phase Initiated Post Breakout of 450 Level
Empowering Indicators: Relative Strength (RS) and RSI Indicate Robust Strength
Energized Surge: Stocks Surging with High Volume Activities Ahead of Q1 Earnings
Hold On Tight: Target 2 to be Unveiled Upon Conquering Target 1!
Sakthi Pumps | channel Pattern | swing tradeSakthi Pumps | channel Pattern | swing trade
Sakthi pumps forms a channel pattern and gives a nice breakout followed by little consolidation
and now stocks in back on track of bullish momentum
Bullish on Shakti pumpBullish view on Shaktipumps
Buy above 715
SL 695
TGT 830
Disclaimer - This is not a buy and sell tips it's only for educational purpose analysis.
We are not responsible for your profit and loss.
breakout of strong resitance1. Formation of cup pattern
2.Gap up possibility is more
Take profit in btst trade
Shakti Pumps - A Good Case StudyA 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 - Breakout Awaited - Accumulation going onShakti Pumps 624 till now all done - Fresh Breakout above 600 sustaining - accumulation going on Target 710/740/800/900++ Can use the dips
wait for close above 600Shakti Pump has a low cheat breakout with in a long consolidation cup of deep retracement of 59 %, wait for close above 600 for a higher high to be formed then position can be build at breakout levels.
ShaktiPump started upward JourneyShaktiPump started upward Journey.
This impulse leg should stop after claiming new high and based on observation this move should be fast enough.
Strategy remains buy on dips
Shakti Pumps Analysis 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.
SHAKTI PUMPS LOOKING GOOD AT CMPBREAKOUT in Shakti pumps with huge volume in monthly candle & place your stoploss at 500
