Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ELECTCAST) Electrosteel Castings complete technical analysis [charts+indicators] | Buy/Sell Electrosteel Castings | (ELECTCAST) share price targets

Complete technical analysis of Electrosteel Castings (ELECTCAST) by charts plus indicators, forecast predictions and share price targets for Electrosteel Castings (ELECTCAST)

Electrosteel Castings trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 6429004

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	175.20	182.75	184.10	173.80	0.411 times
20 Tue Feb 2024	182.70	181.50	187.00	178.00	0.519 times
19 Mon Feb 2024	180.25	177.50	183.10	177.20	0.464 times
16 Fri Feb 2024	176.35	176.80	180.60	172.50	0.425 times
15 Thu Feb 2024	176.10	174.50	179.95	172.30	0.751 times
14 Wed Feb 2024	173.05	155.30	174.90	152.40	0.873 times
13 Tue Feb 2024	158.00	162.85	165.75	137.50	1.756 times
12 Mon Feb 2024	163.60	185.00	187.25	160.25	0.915 times
09 Fri Feb 2024	184.40	196.00	198.75	173.10	1.05 times
08 Thu Feb 2024	190.95	198.80	201.70	181.90	1.864 times

My analysis of stock is bearish for shortterm, and stock might move down till 163.3 or till 148.4. Use a stoploss of 175.6 and if the stock hits stoploss, then it can shoot up till 187.94

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	70.55
Downside Target	82.55
Downside Target	89.60
Downside Target	106.00
Downside Target	118.70
Downside Target	137.50
Downside Target	157.20
Downside Target	161.00
Downside Target	173.10
Upside Target	187.00
Upside Target	187.25
Upside Target	187.60
Upside Target	204.40

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	170.33
Downside Intraday Target	165.47
Upside Intraday Target	183.53
Upside Intraday Target	191.87
Upside Intraday Target	178.67

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	175.20	177.50	187.00	173.80	0.296 times
16 Fri Feb 2024	176.35	185.00	187.25	137.50	0.764 times
09 Fri Feb 2024	184.40	183.00	204.40	173.10	1.046 times
02 Fri Feb 2024	183.30	164.50	187.60	157.20	1.596 times
25 Thu Jan 2024	159.75	141.00	161.00	140.20	0.786 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	175.20	174.00	204.40	137.50	0.768 times
31 Wed Jan 2024	175.10	111.60	176.80	107.20	2.1 times
29 Fri Dec 2023	110.70	118.45	119.25	106.00	0.293 times
30 Thu Nov 2023	117.70	85.25	118.70	82.55	1.205 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Electrosteel Castings (ELECTCAST)

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Electrosteel Castings stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Electrosteel Castings in short term but the sell signal is initial and weak.

Electrosteel Castings Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Electrosteel Castings in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Electrosteel Castings is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 175.61 and Electrosteel Castings (ELECTCAST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Electrosteel Castings (ELECTCAST) stock. Volume based technical analysis of Electrosteel Castings (ELECTCAST) stock is negative.

Electrosteel Castings Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.