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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 2025-05-08 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 2491144

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	89.34	93.19	94.70	88.60	0.974 times
07 Wed May 2025	93.13	91.00	94.50	90.41	0.732 times
06 Tue May 2025	91.78	96.45	97.01	91.50	0.632 times
05 Mon May 2025	96.45	96.13	97.20	93.85	1.292 times
02 Fri May 2025	94.58	96.98	98.30	94.22	0.911 times
30 Wed Apr 2025	96.63	99.60	100.44	96.25	0.523 times
29 Tue Apr 2025	99.96	102.10	104.49	99.51	0.545 times
28 Mon Apr 2025	101.83	103.25	103.99	101.25	0.675 times
25 Fri Apr 2025	103.68	112.00	112.00	102.75	1.78 times
24 Thu Apr 2025	110.53	104.29	111.78	104.29	2.161 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.5, but if it comes above 92.5, then a intra day buy could be more profitable.
If you take a sell trade below 92.5, then use 92.5 as stoploss and 85.8 as target. However if you take a buy trade in stock , then use 92.5 as stoploss and 98.1 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	86.51
Downside Target	88.56
Upside Target	94.22
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	86.23
Downside Intraday Target	83.11
Upside Intraday Target	94.83
Upside Intraday Target	100.31
Upside Intraday Target	91.71

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	89.34	96.13	97.20	88.60	1.368 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 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
08 Thu May 2025	89.34	96.98	98.30	88.60	0.283 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 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 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 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 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 99.86 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.