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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 2025-01-16 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1327894

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	127.22	126.40	132.19	126.40	1.16 times
15 Wed Jan 2025	124.86	126.15	131.00	124.44	0.731 times
14 Tue Jan 2025	125.89	120.99	127.00	120.99	0.919 times
13 Mon Jan 2025	119.99	125.98	127.00	119.12	1.215 times
10 Fri Jan 2025	126.05	130.98	132.90	125.59	1.155 times
09 Thu Jan 2025	130.98	134.81	135.25	130.50	0.486 times
08 Wed Jan 2025	134.93	137.22	137.22	132.79	0.727 times
07 Tue Jan 2025	137.46	134.00	137.89	133.26	1.046 times
06 Mon Jan 2025	132.02	143.70	144.70	130.11	1.694 times
03 Fri Jan 2025	142.57	145.46	146.95	141.61	0.823 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 128.1, but if it comes above 128.1, then a intra day buy could be more profitable.
If you take a sell trade below 128.1, then use 128.1 as stoploss and 119.3 as target. However if you take a buy trade in stock , then use 128.1 as stoploss and 135.45 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	119.12
Downside Target	125.59
Upside Target	132.19
Upside Target	137.05
Upside Target	140.60
Upside Target	144.70
Upside Target	147.80
Upside Target	160.74
Upside Target	161.42
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	120.16
Downside Intraday Target	113.11
Upside Intraday Target	133.23
Upside Intraday Target	139.25
Downside Intraday Target	126.18

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	127.22	125.98	132.19	119.12	0.788 times
10 Fri Jan 2025	126.05	143.70	144.70	125.59	1.284 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

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
16 Thu Jan 2025	127.22	139.29	148.40	119.12	0.432 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 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 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 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 SELL signal for Electrosteel Castings in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 129.81 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.