SHAKTI PUMPS (I) LTD
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Positional Setup for Shakti Pumps (India) Ltd (NSE)

204
CMP: ₹978.50

Breakout Zone: ₹1,030–1,070

Support Zone: ₹850–860

Price Action: Price is consolidating just below resistance, creating a base near the breakout zone.

📈 Technical View (Positional)
Price has shown strong recovery from the support zone (~₹850), moving towards a crucial resistance area at ₹1,030–1,070.

This zone has acted as a major supply zone in the past — a clean breakout above ₹1,070 could trigger fast upside.

Short-term pullback offers a good accumulation range before breakout attempt.

🚀 Positional Levels:
Entry Range: ₹960–985

Target 1: ₹1,070

Target 2: ₹1,180

Target 3: ₹1,320

Stop-Loss (Closing Basis): ₹935

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