Is Shakti Pumps technically bullish or bearish?

Jun 23 2025 08:03 AM IST
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As of June 20, 2025, Shakti Pumps has shifted to a bullish trend, supported by strong indicators like a bullish MACD and moving averages, despite some bearish signals from the KST.
As of 20 June 2025, the technical trend for Shakti Pumps has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while moving averages on the daily chart also indicate a bullish trend. Bollinger Bands show a bullish signal on the monthly chart and mildly bullish on the weekly. Although the KST is bearish on the weekly and mildly bearish on the monthly, the overall strength of the bullish indicators outweighs this. The Dow Theory supports a mildly bullish stance on both weekly and monthly charts, and the OBV is mildly bullish as well.
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