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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 2025-01-06 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1238660

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	132.02	143.70	144.70	130.11	1.816 times
03 Fri Jan 2025	142.57	145.46	146.95	141.61	0.882 times
02 Thu Jan 2025	145.47	143.29	148.40	141.49	1.292 times
01 Wed Jan 2025	143.29	139.29	144.30	138.75	0.567 times
31 Tue Dec 2024	139.29	135.00	139.90	134.10	0.812 times
30 Mon Dec 2024	135.50	138.69	139.05	134.71	0.711 times
27 Fri Dec 2024	138.69	138.00	139.80	137.74	0.627 times
26 Thu Dec 2024	137.76	140.14	140.65	137.05	0.675 times
24 Tue Dec 2024	139.66	139.40	141.54	138.31	0.653 times
23 Mon Dec 2024	138.57	143.38	147.80	137.12	1.96 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 137.1, but if it comes above 137.1, then a intra day buy could be more profitable.
If you take a sell trade below 137.1, then use 137.1 as stoploss and 123.9 as target. However if you take a buy trade in stock , then use 137.1 as stoploss and 148.11 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	130.11
Upside Target	134.10
Upside Target	137.05
Upside Target	140.60
Upside Target	144.70
Upside Target	147.80
Upside Target	152.17
Upside Target	160.74
Upside Target	170.70
Upside Target	171.94
Upside Target	207.10
Upside Target	216.00
Upside Target	236.60

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	126.52
Downside Intraday Target	121.02
Upside Intraday Target	141.11
Upside Intraday Target	150.2
Upside Intraday Target	135.61

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	132.02	143.70	144.70	130.11	0.426 times
03 Fri Jan 2025	142.57	138.69	148.40	134.10	1.089 times
27 Fri Dec 2024	138.69	143.38	147.80	137.05	0.63 times
20 Fri Dec 2024	141.71	159.03	160.74	141.01	0.839 times
13 Fri Dec 2024	159.92	166.95	170.70	152.17	0.741 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
06 Mon Jan 2025	132.02	139.29	148.40	130.11	0.157 times
31 Tue Dec 2024	139.29	152.54	170.70	134.10	0.777 times
29 Fri Nov 2024	152.57	164.76	171.94	140.60	1.025 times
31 Thu Oct 2024	164.76	212.60	216.00	161.42	0.687 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 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 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 gaining momentum.

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

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. 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 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 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 138.76 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.