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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 2025-01-22 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1271405

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	123.11	125.11	125.66	119.90	1.212 times
21 Tue Jan 2025	125.61	128.80	132.30	123.93	1.185 times
20 Mon Jan 2025	127.94	128.00	129.17	125.22	1.026 times
17 Fri Jan 2025	126.85	128.90	128.90	123.68	1.112 times
16 Thu Jan 2025	127.22	126.40	132.19	126.40	1.212 times
15 Wed Jan 2025	124.86	126.15	131.00	124.44	0.763 times
14 Tue Jan 2025	125.89	120.99	127.00	120.99	0.96 times
13 Mon Jan 2025	119.99	125.98	127.00	119.12	1.269 times
10 Fri Jan 2025	126.05	130.98	132.90	125.59	1.206 times
09 Thu Jan 2025	130.98	134.81	135.25	130.50	0.508 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 125, but if it comes above 125, then a intra day buy could be more profitable.
If you take a sell trade below 125, then use 125 as stoploss and 116.3 as target. However if you take a buy trade in stock , then use 125 as stoploss and 132.27 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	119.12
Upside 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	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	117.91
Downside Intraday Target	112.7
Upside Intraday Target	130.31
Upside Intraday Target	137.5
Upside Intraday Target	125.1

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	123.11	128.00	132.30	119.90	0.644 times
17 Fri Jan 2025	126.85	125.98	132.19	119.12	0.997 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

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
22 Wed Jan 2025	123.11	139.29	148.40	119.12	0.592 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 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 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 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 BUY signal for Electrosteel Castings in short term but the buy 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. 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 125.47 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.