(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 2024-03-04 View latest technical analysis
10 day averaged volume of Electrosteel Castings is 2245033
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 164.15 | 165.00 | 165.30 | 159.05 | 0.948 times |
02 Sat Mar 2024 | 164.30 | 166.50 | 169.90 | 163.10 | 0.298 times |
01 Fri Mar 2024 | 165.30 | 162.10 | 169.40 | 162.10 | 0.942 times |
29 Thu Feb 2024 | 159.90 | 165.15 | 166.40 | 157.70 | 2.015 times |
28 Wed Feb 2024 | 165.55 | 169.05 | 169.05 | 160.85 | 1.01 times |
27 Tue Feb 2024 | 169.10 | 173.00 | 174.95 | 167.10 | 0.696 times |
26 Mon Feb 2024 | 173.50 | 177.30 | 178.00 | 171.80 | 1.146 times |
23 Fri Feb 2024 | 176.50 | 179.50 | 180.25 | 175.65 | 0.512 times |
22 Thu Feb 2024 | 178.40 | 175.95 | 179.00 | 172.60 | 0.717 times |
21 Wed Feb 2024 | 175.20 | 182.75 | 184.10 | 173.80 | 1.178 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 163.7 as stoploss in an intra day buy trade for a target of 173.73. However, stock will show a bearish move below 163.7.
Share price targets for Electrosteel Castings (ELECTCAST)
Target Type | Value |
Downside Target | 82.55 |
Downside Target | 106.00 |
Downside Target | 118.70 |
Downside Target | 137.50 |
Downside Target | 157.70 |
Upside Target | 165.30 |
Upside Target | 169.90 |
Upside Target | 176.80 |
Upside Target | 178.00 |
Upside Target | 187.00 |
Upside Target | 187.25 |
Upside Target | 204.40 |
Intraday share price targets for Electrosteel Castings (ELECTCAST)
Target Type | Value |
Downside Intraday Target | 160.37 |
Downside Intraday Target | 156.58 |
Upside Intraday Target | 166.62 |
Upside Intraday Target | 169.08 |
Downside Intraday Target | 162.83 |
Weekly technical analysis of Electrosteel Castings (ELECTCAST)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 164.15 | 165.00 | 165.30 | 159.05 | 0.155 times |
02 Sat Mar 2024 | 164.30 | 177.30 | 178.00 | 157.70 | 1.169 times |
23 Fri Feb 2024 | 176.50 | 177.50 | 187.00 | 172.60 | 0.387 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 |
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 |
04 Mon Mar 2024 | 164.15 | 162.10 | 169.90 | 159.05 | 0.046 times |
29 Thu Feb 2024 | 159.90 | 174.00 | 204.40 | 137.50 | 0.879 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Electrosteel Castings in short term but the sell signal is initial and weak.
Electrosteel Castings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Electrosteel Castings is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 168.13 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.
Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Electrosteel Castings in short term but the sell signal is initial and weak.
Electrosteel Castings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Electrosteel Castings is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 168.13 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.
Click here for Electrosteel Castings charts
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Daily charts
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