shakti pumps in channel at supporttrading in channel, at support watching in channel.
education purpose only.
SHAKTIPUMP trade ideas
SHAKTIPUMP - Bullish SetupStock name - Shakti Pumps India Limited.
✅#SHAKTIPUMP trading above Resistance of 3382.
✅Next Resistance is at 3882.
✅Moved 145% in 22 weeks.
Weekly chart setup
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.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
SHAKTIPUMPS - Bullish setup onStock name - Shaktipumps Limited.
✅#SHAKTIPUMPS trading above Resistance of 2000.
✅Next Resistance is at 2546.
✅Moved 45% in 13 weeks.
Weekly chart setup
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.
Master Score - A
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Shakti Pumps - Ready to Pump Higher :)Shakti Pumps - Comparison of Quarterly Chart vs Weekly
Today price was locked in 5% UC
Quarterly View: Long Term
On Quarterly, the price is following a 12 Year Parallel Channel
Cup and Handle BO done on Monthly for Target of 2105
Weekly View: Short Term
On Weekly - Price is seeing to be travelling in a smaller Parallel Channel
Inside the parallel Channel, repeated Cup Patterns (Rounding Bottom) seen
Latest Rounding Bottom BO confirmed on weekly above 1605 for Short Term Target of 2055
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
SHAKTIPUMPStock name = Shakti Pump INDIA Limited.
Weekly chart setup
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.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
SHAKTI PUMPS INDIA SHAKTI PUMPS INDIA (1D)
CMP 717.60
Price has given breakout and consolidating in a range
Retested breakout zone
Shakeout also happend so weak hands are out and strong hands can take it higher
$SHAKTIPUMP 2R Trade IdeaNSE:SHAKTIPUMP i feel a small dip to the OB marked could give a 2R trade opportunity in Daily.
What is your view?
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Shakti PumpsShakti pumps appears to repeat the pattern yet again which is being seen from its inception
Also, it BOnthe flag pattern and supporting at one of the major gann levels
MACD cross over being done and looks bullish
Levels are marked in the chart for SL and targets
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Shakti PumpsLooks good in the medium term and about to break the resistance levels at 560 levels
Weekly closure above this level is a safe entry
SHAKTIPUMPChart looks good. A Possible up move, can keep a watch. Stock has given a breakout, wait for retest and confirmation. Please also do your Study and Analysis before considering buying. Idea is for cash market only.
Shakti Pump : Positional Trade.Seeking Professionals guidelines to trade this counter on staggered way approach. 34% @ high of 21 August candle or Trend Line Breakout, 33% @ 564 and 33% above 581. Stop loss will be 409 and target will be 1210.
Note : Its Not a buy call, Please do your own research/ consult your financial advisor before all..
Potential Cup & Handle formationChart shows that the price is taking support at the levels drawn and also looks like its forming the Cup& Handle pattern on the chart.
This is purely a technical view and not a buy or sell recommendation.
Shakti Pumps can gain strength above 590 closing.Shakti Pumps CMP 555.85 looks good for Fresh entry above 590 closing. Keep in Radar. Targets will be 631, 650 and 715. Keep a trailing stop loss at 530.
Note: Wait for closing above 590.
Position SizingEntered the stock after a clean Cup n Handle breakout. First entry was at 560 with a 9%sl, second at 595. Average buy was 578 for two positions. My sl for both the positions was 535.
But the same stock reached 640plus which is more than 12% from my first buy, i moved my stops to break even @580. Traded this stock for an average returns of 33% on both the positions. It added close to 7% returns on my pf. Closed 90% of the position and holding a small position for study purpose.
Base FormationAnother beautiful uptreanding stock. Recently traded for a Cup and Handle formation had v good move. Holding a small position, will have a complete position once it breaks above the horizontal line.
#Shakti_Pumps_LtdPositional
Flag Breakout with high volumes and delivery
Accumulation Zone 780-800
StopLoss: A close below 750
Targets 910/1010/1175
Disclaimer: Educational View
Stock for investment Shakti pumps private limitedGood evening friends welcome again now we are discussing about a stock that can be in your investment portfolio after consulting from your financial advisor that is Shakti pumps till the time it is able to sustain above 790 you can see that the stock will witness new highs because last time this is stock was above 790 in 2014 so after a long log consolidation it has come again after 794 something big is going to be happening this counter so this is our opinion only and we are not at all any kind of providing recommendation or tip. Regards thank you
