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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.

10 day averaged volume of Electrosteel Castings is 4229849

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 178.20 179.10 182.60 175.75 0.402 times
27 Wed Mar 2024 177.90 177.75 180.90 174.00 0.492 times
26 Tue Mar 2024 172.70 164.50 179.20 164.00 1.333 times
22 Fri Mar 2024 163.75 157.60 166.60 156.75 0.741 times
21 Thu Mar 2024 156.05 149.90 157.50 149.85 0.517 times
20 Wed Mar 2024 147.90 150.60 152.25 145.05 0.402 times
19 Tue Mar 2024 148.55 154.45 156.45 147.85 0.327 times
18 Mon Mar 2024 153.70 158.15 163.30 151.95 0.626 times
15 Fri Mar 2024 155.60 145.00 158.85 144.95 3.566 times
14 Thu Mar 2024 146.15 138.60 153.50 136.45 0.975 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 181, for a target of 169.7 or 160.26

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Target 82.55
Downside Target 106.00
Downside Target 118.70
Downside Target 136.45
Downside Target 145.05
Downside Target 153.95
Downside Target 157.70
Downside Target 164.00
Downside Target 168.20
Downside Target 176.80
Downside Target 178.00
Upside Target 182.60
Upside Target 204.40

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Intraday Target 167.27
Downside Intraday Target 156.33
Upside Intraday Target 185.87
Upside Intraday Target 193.53
Downside Intraday Target 174.93

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 178.20 164.50 182.60 164.00 0.852 times
22 Fri Mar 2024 163.75 158.15 166.60 145.05 0.384 times
15 Fri Mar 2024 155.60 165.90 166.80 136.45 3.473 times
07 Thu Mar 2024 165.35 165.00 168.20 153.95 0.604 times
02 Sat Mar 2024 164.30 177.30 178.00 157.70 1.169 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
28 Thu Mar 2024 178.20 162.10 182.60 136.45 0.56 times
29 Thu Feb 2024 159.90 174.00 204.40 137.50 0.879 times
31 Wed Jan 2024 175.10 111.60 176.80 107.20 2.1 times
29 Fri Dec 2023 110.70 118.45 119.25 106.00 0.293 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 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 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 mid to longer 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.

ADX buy sell signal for Electrosteel Castings stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Electrosteel Castings in short term and the buy 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 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 moving up

CCI has generated a buy signal for Electrosteel Castings in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Electrosteel Castings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 159.15 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.

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 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 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 mid to longer 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.

ADX buy sell signal for Electrosteel Castings stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Electrosteel Castings in short term and the buy 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 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 moving up

CCI has generated a buy signal for Electrosteel Castings in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Electrosteel Castings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 159.15 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.

Click here for Electrosteel Castings charts

Click here for further forecast and predictions for tomorrow

Daily charts

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