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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 2025-02-24 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1980249

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	103.78	100.50	105.77	99.00	1.029 times
21 Fri Feb 2025	101.34	99.71	103.70	98.62	1.191 times
20 Thu Feb 2025	99.71	100.89	102.19	98.81	1.239 times
19 Wed Feb 2025	100.35	94.00	103.35	93.82	1.585 times
18 Tue Feb 2025	94.63	101.00	102.00	94.01	1.431 times
17 Mon Feb 2025	100.00	102.80	104.20	99.01	0.953 times
14 Fri Feb 2025	102.98	105.50	106.17	100.31	0.828 times
13 Thu Feb 2025	105.34	108.63	109.36	104.80	0.489 times
12 Wed Feb 2025	107.43	109.99	110.00	103.21	0.744 times
11 Tue Feb 2025	109.06	117.00	117.00	107.06	1.085 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 101.8 as stoploss in an intra day buy trade for a target of 112.34. However, stock will show a bearish move below 101.8.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	93.82
Downside Target	99.00
Upside Target	104.20
Upside Target	113.01
Upside Target	118.01
Upside Target	120.65
Upside Target	126.45
Upside Target	130.02
Upside Target	134.10
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	99.93
Downside Intraday Target	96.08
Upside Intraday Target	106.7
Upside Intraday Target	109.62
Downside Intraday Target	102.85

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	103.78	100.50	105.77	99.00	0.161 times
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

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
24 Mon Feb 2025	103.78	120.00	126.45	93.82	0.92 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 101.74 and Electrosteel Castings (ELECTCAST) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.