(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 2024-05-07 View latest technical analysis
10 day averaged volume of Electrosteel Castings is 2064459
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 178.95 | 183.30 | 186.25 | 175.25 | 0.742 times |
06 Mon May 2024 | 182.70 | 191.30 | 191.70 | 178.80 | 1.095 times |
03 Fri May 2024 | 191.30 | 193.50 | 193.90 | 189.00 | 0.476 times |
02 Thu May 2024 | 192.35 | 191.50 | 195.75 | 191.20 | 0.426 times |
30 Tue Apr 2024 | 192.00 | 193.00 | 196.00 | 190.60 | 0.466 times |
29 Mon Apr 2024 | 191.85 | 194.20 | 196.00 | 190.60 | 0.599 times |
26 Fri Apr 2024 | 193.10 | 200.45 | 203.50 | 192.00 | 1.111 times |
25 Thu Apr 2024 | 199.35 | 203.00 | 204.40 | 196.00 | 0.925 times |
24 Wed Apr 2024 | 203.10 | 205.25 | 207.20 | 200.60 | 0.758 times |
23 Tue Apr 2024 | 204.30 | 203.50 | 208.00 | 200.50 | 1.215 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 179.1, for a target of 186.4 or 192.53
Share price targets for Electrosteel Castings (ELECTCAST)
Target Type | Value |
Downside Target | 107.20 |
Downside Target | 136.45 |
Downside Target | 163.10 |
Downside Target | 175.25 |
Upside Target | 182.60 |
Upside Target | 195.75 |
Upside Target | 196.00 |
Upside Target | 196.10 |
Upside Target | 200.00 |
Upside Target | 204.40 |
Upside Target | 208.00 |
Intraday share price targets for Electrosteel Castings (ELECTCAST)
Target Type | Value |
Downside Intraday Target | 172.23 |
Downside Intraday Target | 165.52 |
Upside Intraday Target | 188.68 |
Upside Intraday Target | 198.42 |
Upside Intraday Target | 181.97 |
Weekly technical analysis of Electrosteel Castings (ELECTCAST)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 178.95 | 191.30 | 191.70 | 175.25 | 0.934 times |
03 Fri May 2024 | 191.30 | 194.20 | 196.00 | 189.00 | 0.284 times |
26 Fri Apr 2024 | 193.10 | 201.05 | 208.00 | 192.00 | 0.684 times |
19 Fri Apr 2024 | 196.75 | 181.00 | 200.00 | 163.10 | 2.185 times |
12 Fri Apr 2024 | 190.65 | 191.95 | 196.10 | 185.70 | 0.716 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 |
07 Tue May 2024 | 178.95 | 191.50 | 195.75 | 175.25 | 0.094 times |
30 Tue Apr 2024 | 192.00 | 183.75 | 208.00 | 163.10 | 1.002 times |
28 Thu Mar 2024 | 178.20 | 162.10 | 182.60 | 136.45 | 0.56 times |
29 Thu Feb 2024 | 159.90 | 174.00 | 204.40 | 137.50 | 0.879 times |
Scroll below to view daily charts
Price has moved down 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 and SELL signal is strong!
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
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 193.44 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 and SELL signal is strong!
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
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 193.44 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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