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 2025-02-03 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1299440

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	120.69	120.00	126.45	118.01	1.243 times
31 Fri Jan 2025	128.30	126.70	129.40	124.12	0.765 times
30 Thu Jan 2025	126.40	122.10	130.02	122.10	1.481 times
29 Wed Jan 2025	123.40	117.50	123.82	117.14	0.644 times
28 Tue Jan 2025	117.50	117.29	119.40	114.01	0.966 times
27 Mon Jan 2025	116.19	118.36	118.36	113.01	1.175 times
24 Fri Jan 2025	118.99	122.00	123.35	118.50	0.758 times
23 Thu Jan 2025	122.01	122.85	124.42	121.11	0.863 times
22 Wed Jan 2025	123.11	125.11	125.66	119.90	1.186 times
21 Tue Jan 2025	125.61	128.80	132.30	123.93	1.159 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 120 as stoploss in an intra day buy trade for a target of 125.22. However, stock will show a bearish move below 120.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	113.01
Downside Target	118.01
Upside Target	125.59
Upside Target	130.02
Upside Target	134.10
Upside Target	140.60
Upside Target	144.70
Upside Target	148.40
Upside Target	161.42
Upside Target	170.70
Upside Target	171.94
Upside Target	216.00

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	116.98
Downside Intraday Target	113.28
Upside Intraday Target	125.42
Upside Intraday Target	130.16
Upside Intraday Target	121.72

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	120.69	120.00	126.45	118.01	0.247 times
31 Fri Jan 2025	128.30	118.36	130.02	113.01	1.012 times
24 Fri Jan 2025	118.99	128.00	132.30	118.50	0.955 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

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
03 Mon Feb 2025	120.69	120.00	126.45	118.01	0.054 times
31 Fri Jan 2025	128.30	139.29	148.40	113.01	0.832 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

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 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 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 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 Weak and stock is gaining 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 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 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 122.26 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.