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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 2025-04-17 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 1831889

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	100.58	102.10	102.48	99.00	0.984 times
16 Wed Apr 2025	101.79	98.81	102.00	98.81	0.846 times
15 Tue Apr 2025	98.45	97.00	100.20	97.00	0.839 times
11 Fri Apr 2025	94.87	95.60	96.60	93.80	0.623 times
09 Wed Apr 2025	93.56	91.35	94.40	89.65	0.76 times
08 Tue Apr 2025	92.18	93.66	93.97	90.54	0.558 times
07 Mon Apr 2025	90.07	87.50	91.00	86.51	3.109 times
04 Fri Apr 2025	96.11	102.00	102.19	95.00	1.3 times
03 Thu Apr 2025	101.61	99.00	102.33	98.69	0.639 times
02 Wed Apr 2025	99.68	100.00	100.65	97.32	0.64 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 102.4 as stoploss in an intra day sell trade for a target of 98.64. However, stock will show a bullish move above 102.4.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	86.51
Downside Target	88.56
Downside Target	92.92
Downside Target	95.00
Upside Target	102.33
Upside Target	108.00
Upside Target	113.01
Upside Target	126.45
Upside Target	134.10
Upside Target	148.40
Upside Target	170.70

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	97.56
Downside Intraday Target	94.54
Upside Intraday Target	103.04
Upside Intraday Target	105.5
Downside Intraday Target	100.02

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	100.58	97.00	102.48	97.00	0.528 times
11 Fri Apr 2025	94.87	87.50	96.60	86.51	1.547 times
04 Fri Apr 2025	96.11	98.23	102.33	95.00	0.4 times
28 Fri Mar 2025	98.24	104.72	108.00	95.47	1.074 times
21 Fri Mar 2025	103.98	96.00	108.00	92.92	1.465 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
17 Thu Apr 2025	100.58	98.23	102.48	86.51	0.376 times
28 Fri Mar 2025	98.24	93.21	108.00	88.56	1.557 times
28 Fri Feb 2025	92.76	120.00	126.45	89.81	1.148 times
31 Fri Jan 2025	128.30	139.29	148.40	113.01	0.832 times

Scroll below to view daily charts

Price has moved up 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Electrosteel Castings in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 95.46 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.