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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 1494425

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 178.24 179.00 182.00 174.95 2.03 times
20 Thu Jun 2024 177.58 165.95 178.90 165.01 2.537 times
19 Wed Jun 2024 165.59 171.25 171.39 165.00 0.723 times
18 Tue Jun 2024 170.21 173.50 175.75 169.75 0.792 times
14 Fri Jun 2024 172.11 172.49 177.68 171.76 1.566 times
13 Thu Jun 2024 169.59 168.10 170.00 166.70 0.53 times
12 Wed Jun 2024 167.03 168.90 170.85 165.57 0.652 times
11 Tue Jun 2024 167.60 168.00 171.41 166.15 0.721 times
10 Mon Jun 2024 166.60 165.90 168.00 159.12 0.827 times
07 Fri Jun 2024 164.25 160.70 165.00 158.50 0.829 times

Stock of Electrosteel Castings (ELECTCAST) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 173.3, but if it comes below 173.3, then a intra day sell could be more profitable.
If you take a sell trade below 173.3, then use 173.3 as stoploss and 165.86 as target. However if you take a buy trade in stock , then use 173.3 as stoploss and 182.3 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Target 135.00
Downside Target 155.05
Downside Target 159.12
Downside Target 163.10
Downside Target 173.15
Upside Target 178.70
Upside Target 182.00
Upside Target 182.60
Upside Target 195.75
Upside Target 204.40
Upside Target 208.00

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Intraday Target 168.16
Downside Intraday Target 158.08
Upside Intraday Target 185.16
Upside Intraday Target 192.08
Downside Intraday Target 175.08

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 178.24 173.50 182.00 165.00 1.415 times
14 Fri Jun 2024 172.11 165.90 177.68 159.12 0.56 times
07 Fri Jun 2024 164.25 174.40 174.40 135.00 1.551 times
31 Fri May 2024 160.90 167.85 173.15 155.05 1.441 times
24 Fri May 2024 166.70 178.70 178.70 164.00 0.388 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
21 Fri Jun 2024 178.24 174.40 182.00 135.00 0.744 times
31 Fri May 2024 160.90 191.50 195.75 155.05 0.6 times
30 Tue Apr 2024 192.00 183.75 208.00 163.10 1.002 times
28 Thu Mar 2024 178.20 162.10 182.60 136.45 0.56 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 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 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 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 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 moving up

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

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

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 172.21 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 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 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 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 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 moving up

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

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

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 172.21 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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