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(ELECTHERM) Electrotherm India complete technical analysis [charts+indicators] | Buy/Sell Electrotherm India | (ELECTHERM) share price targets

Complete technical analysis of Electrotherm India (ELECTHERM) by charts plus indicators, forecast predictions and share price targets for Electrotherm India (ELECTHERM)

Electrotherm India trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-11-12 View latest technical analysis

10 day averaged volume of Electrotherm India is 280383

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1210.45	1136.90	1210.45	1121.00	0.387 times
11 Mon Nov 2024	1100.45	1020.05	1100.85	1020.00	0.374 times
06 Tue Jun 2023	95.45	98.90	100.35	94.80	0.316 times
05 Mon Jun 2023	96.50	100.00	101.00	96.00	0.298 times
02 Fri Jun 2023	98.20	100.90	103.60	97.10	0.589 times
01 Thu Jun 2023	100.35	100.35	102.80	97.05	0.651 times
31 Wed May 2023	100.35	96.00	104.15	89.55	4.046 times
30 Tue May 2023	94.70	90.00	94.70	85.20	3.315 times
29 Mon May 2023	78.95	78.95	78.95	78.95	0.308 times
26 Fri May 2023	65.80	65.70	66.90	65.05	0.045 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 898.3, for a target of 509.1 or 184.8

Share price targets for Electrotherm India (ELECTHERM)

Target Type	Value
Downside Target	51.20
Downside Target	56.15
Downside Target	61.35
Downside Target	62.65
Downside Target	64.00
Downside Target	68.70
Downside Target	71.80
Downside Target	78.95
Downside Target	94.80
Downside Target	101.00
Downside Target	103.60
Downside Target	1020.00
Downside Target	1210.45

Intraday share price targets for Electrotherm India (ELECTHERM)

Target Type	Value
Downside Intraday Target	1083.48
Downside Intraday Target	956.52
Upside Intraday Target	1273.93
Upside Intraday Target	1337.42
Downside Intraday Target	1146.97

Weekly technical analysis of Electrotherm India (ELECTHERM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1210.45	1020.05	1210.45	1020.00	1.237 times
06 Tue Jun 2023	95.45	100.00	101.00	94.80	0.069 times
02 Fri Jun 2023	98.20	78.95	104.15	78.95	18.565 times
26 Fri May 2023	65.80	66.75	68.90	64.00	0.91 times
19 Fri May 2023	65.70	64.30	69.00	62.65	2.146 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 Electrotherm India (ELECTHERM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1210.45	1020.05	1210.45	1020.00	0.41 times
06 Tue Jun 2023	95.45	100.35	103.60	94.80	0.19 times
31 Wed May 2023	100.35	62.90	104.15	61.35	3.39 times
28 Fri Apr 2023	62.90	56.25	71.80	56.15	0.899 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 Electrotherm India (ELECTHERM)

Price action analysis of Electrotherm India ( (ELECTHERM) ) 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 Electrotherm India ( (ELECTHERM) ) 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 Electrotherm India ( (ELECTHERM) ) 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 Electrotherm India ( (ELECTHERM) ) 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 Electrotherm India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Electrotherm India 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.

Electrotherm India 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Electrotherm India 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 Electrotherm India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 175.12 and Electrotherm India (ELECTHERM) 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 Electrotherm India (ELECTHERM) stock. Volume based technical analysis of Electrotherm India (ELECTHERM) stock is negative.

Electrotherm India 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.