SHAKTIPUMP — Base Formation Watch

Price Action Summary: — Stock has corrected ~50%+ from its 2025 highs (~₹1200+) — Currently consolidating between ₹480–₹530 — Multiple tests of ₹480 support — holding so far — Price is trading below VWAP (~₹545) — buyers not yet in control on avg basis Volume Observation: — The heavy sell-side volume spike seen in March has not repeated — Recent sessions show relatively balanced, low volume — indecision phase — No notable volume expansion on either side — range bound behaviour Key Levels to Watc