SHAKTI PUMPS (I) LTD

Shakti Pumps - A Good Case Study

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.

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