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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 2025-05-05 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 2395571

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	96.45	96.13	97.20	93.85	1.343 times
02 Fri May 2025	94.58	96.98	98.30	94.22	0.948 times
30 Wed Apr 2025	96.63	99.60	100.44	96.25	0.544 times
29 Tue Apr 2025	99.96	102.10	104.49	99.51	0.567 times
28 Mon Apr 2025	101.83	103.25	103.99	101.25	0.702 times
25 Fri Apr 2025	103.68	112.00	112.00	102.75	1.851 times
24 Thu Apr 2025	110.53	104.29	111.78	104.29	2.247 times
23 Wed Apr 2025	104.05	105.59	106.63	102.66	0.779 times
22 Tue Apr 2025	104.62	104.70	107.20	102.66	0.862 times
21 Mon Apr 2025	103.97	100.99	104.39	99.25	0.749 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 94.4 as stoploss in an intra day buy trade for a target of 99.26. However, stock will show a bearish move below 94.4.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	86.51
Downside Target	88.56
Downside Target	93.85
Upside Target	96.60
Upside Target	102.48
Upside Target	104.49
Upside Target	108.00
Upside Target	112.00
Upside Target	113.01
Upside Target	126.45
Upside Target	148.40

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	94.47
Downside Intraday Target	92.48
Upside Intraday Target	97.82
Upside Intraday Target	99.18
Downside Intraday Target	95.83

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	96.45	96.13	97.20	93.85	0.487 times
02 Fri May 2025	94.58	103.25	104.49	94.22	0.425 times
25 Fri Apr 2025	103.68	100.99	112.00	99.25	3.18 times
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

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
05 Mon May 2025	96.45	96.98	98.30	93.85	0.137 times
30 Wed Apr 2025	96.63	98.23	112.00	86.51	0.748 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

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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Electrosteel Castings in short term and the sell signal is strong.

Electrosteel Castings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 BUY signal in short term but buying 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 102.84 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 positive

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