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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 3159602

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	144.93	150.10	151.51	144.00	0.465 times
22 Fri Nov 2024	144.93	143.95	147.00	143.84	0.435 times
21 Thu Nov 2024	143.95	146.97	146.97	142.50	0.508 times
19 Tue Nov 2024	147.27	145.88	150.70	145.70	0.417 times
18 Mon Nov 2024	145.89	146.09	149.19	140.90	0.728 times
14 Thu Nov 2024	144.28	143.07	147.51	141.01	0.919 times
13 Wed Nov 2024	141.36	148.00	150.79	140.60	0.871 times
12 Tue Nov 2024	149.13	147.50	152.69	145.36	1.089 times
11 Mon Nov 2024	145.84	151.15	154.49	143.56	2.492 times
08 Fri Nov 2024	151.12	167.30	167.70	149.00	2.277 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 145.4, but if it comes above 145.4, then a intra day buy could be more profitable.
If you take a sell trade below 145.4, then use 145.4 as stoploss and 130.9 as target. However if you take a buy trade in stock , then use 145.4 as stoploss and 157.49 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	140.60
Downside Target	144.00
Upside Target	149.00
Upside Target	161.42
Upside Target	171.25
Upside Target	179.75
Upside Target	193.66
Upside Target	207.10
Upside Target	216.00
Upside Target	224.40
Upside Target	226.80
Upside Target	236.60

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	142.12
Downside Intraday Target	139.3
Upside Intraday Target	149.63
Upside Intraday Target	154.32
Upside Intraday Target	146.81

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	144.93	150.10	151.51	144.00	0.223 times
22 Fri Nov 2024	144.93	146.09	150.70	140.90	0.389 times
14 Thu Nov 2024	144.28	151.15	154.49	140.60	1.362 times
08 Fri Nov 2024	151.12	171.94	171.94	149.00	1.031 times
01 Fri Nov 2024	170.14	171.99	179.75	162.44	0.738 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
25 Mon Nov 2024	144.93	164.76	171.94	140.60	0.849 times
31 Thu Oct 2024	164.76	212.60	216.00	161.42	0.687 times
30 Mon Sep 2024	211.46	214.00	236.60	207.10	1.161 times
30 Fri Aug 2024	214.20	219.80	226.80	193.66	0.596 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a short to mid 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 mid to longer 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.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 146.73 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 negative.

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