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 2025-02-21 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1831975

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	101.34	99.71	103.70	98.62	1.288 times
20 Thu Feb 2025	99.71	100.89	102.19	98.81	1.339 times
19 Wed Feb 2025	100.35	94.00	103.35	93.82	1.713 times
18 Tue Feb 2025	94.63	101.00	102.00	94.01	1.547 times
17 Mon Feb 2025	100.00	102.80	104.20	99.01	1.03 times
14 Fri Feb 2025	102.98	105.50	106.17	100.31	0.895 times
13 Thu Feb 2025	105.34	108.63	109.36	104.80	0.529 times
12 Wed Feb 2025	107.43	109.99	110.00	103.21	0.804 times
11 Tue Feb 2025	109.06	117.00	117.00	107.06	1.172 times
10 Mon Feb 2025	116.29	119.93	120.65	114.92	0.492 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 102.5, but if it comes above 102.5, then a intra day buy could be more profitable.
If you take a sell trade below 102.5, then use 102.5 as stoploss and 90 as target. However if you take a buy trade in stock , then use 102.5 as stoploss and 112.96 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	93.82
Downside Target	100.31
Upside Target	104.20
Upside Target	113.01
Upside Target	118.01
Upside Target	126.45
Upside Target	130.02
Upside Target	140.60
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	95.37
Downside Intraday Target	89.41
Upside Intraday Target	105.75
Upside Intraday Target	110.17
Downside Intraday Target	99.79

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	101.34	102.80	104.20	93.82	1.777 times
14 Fri Feb 2025	102.98	119.93	120.65	100.31	1.253 times
07 Fri Feb 2025	119.93	120.00	126.45	118.01	0.871 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	101.34	120.00	126.45	93.82	0.852 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 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 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 102.2 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.