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 2024-09-04 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 2702475

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	215.39	219.32	224.85	214.50	0.947 times
03 Tue Sep 2024	221.01	215.70	223.00	212.80	0.946 times
02 Mon Sep 2024	215.10	214.00	217.00	207.50	0.714 times
30 Fri Aug 2024	214.20	212.90	215.90	210.01	0.532 times
29 Thu Aug 2024	211.84	216.96	218.83	210.10	0.75 times
28 Wed Aug 2024	216.96	225.50	226.80	216.00	0.692 times
27 Tue Aug 2024	223.63	219.00	226.22	219.00	1.399 times
26 Mon Aug 2024	217.31	218.75	222.60	214.65	0.906 times
23 Fri Aug 2024	217.92	221.90	222.45	215.01	0.748 times
22 Thu Aug 2024	220.37	213.00	224.00	211.79	2.276 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 218.4 as stoploss in an intra day sell trade for a target of 211.26. However, stock will show a bullish move above 218.4.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	135.00
Downside Target	155.05
Downside Target	171.25
Downside Target	184.00
Downside Target	193.66
Downside Target	201.08
Downside Target	207.50
Upside Target	224.00
Upside Target	224.40
Upside Target	224.85
Upside Target	226.80

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	206.98
Downside Intraday Target	198.56
Upside Intraday Target	224.33
Upside Intraday Target	233.26
Upside Intraday Target	215.91

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	215.39	214.00	224.85	207.50	0.609 times
30 Fri Aug 2024	214.20	218.75	226.80	210.01	0.852 times
23 Fri Aug 2024	217.92	201.90	224.00	201.08	1.71 times
16 Fri Aug 2024	200.98	210.00	214.50	195.55	0.538 times
09 Fri Aug 2024	210.63	208.99	212.50	193.66	0.616 times

Price has moved up 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 Wed Sep 2024	215.39	214.00	224.85	207.50	0.125 times
30 Fri Aug 2024	214.20	219.80	226.80	193.66	0.596 times
31 Wed Jul 2024	216.51	171.25	224.40	171.25	2.942 times
28 Fri Jun 2024	173.44	174.40	184.00	135.00	0.89 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 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 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 BUY. 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing 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 218.36 and Electrosteel Castings (ELECTCAST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.