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Shakti Pumps - A Good Case Study

SHAKTI PUMPS INDIA (NSE:SHAKTIPUMP)  
johntradingwick  
NSE:SHAKTIPUMP   SHAKTI PUMPS INDIA
Trend Analysis shaktipumps swngtrading wychoff
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trendanalysis shaktipumps swngtrading wychoff
A 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.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
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