(ESSARSHPNG) Essar Shipping complete technical analysis [charts+indicators] | Buy/Sell Essar Shipping | (ESSARSHPNG) share price targets
Complete technical analysis of Essar Shipping (ESSARSHPNG) by charts plus indicators, forecast predictions and share price targets for Essar Shipping (ESSARSHPNG)
Essar Shipping trades in NSE in Shipping sector.
Showing technical analysis as on 2024-05-09 View latest technical analysis
10 day averaged volume of Essar Shipping is 681987
Date | Daily Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 27.45 | 29.15 | 29.65 | 27.10 | 0.634 times |
08 Wed May 2024 | 29.00 | 28.90 | 30.40 | 28.35 | 1.051 times |
07 Tue May 2024 | 28.40 | 31.40 | 32.10 | 27.85 | 2.246 times |
06 Mon May 2024 | 30.50 | 28.00 | 30.50 | 27.05 | 1.825 times |
03 Fri May 2024 | 27.75 | 28.90 | 29.15 | 27.20 | 0.867 times |
02 Thu May 2024 | 28.20 | 29.45 | 29.45 | 28.00 | 0.6 times |
30 Tue Apr 2024 | 28.75 | 30.35 | 30.40 | 28.50 | 0.565 times |
29 Mon Apr 2024 | 30.00 | 30.00 | 30.60 | 29.60 | 0.401 times |
26 Fri Apr 2024 | 30.30 | 31.15 | 31.30 | 30.10 | 0.475 times |
25 Thu Apr 2024 | 30.70 | 29.55 | 31.30 | 29.20 | 1.242 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.7, but if it comes above 27.7, then a intra day buy could be more profitable.
If you take a sell trade below 27.7, then use 27.7 as stoploss and 26 as target. However if you take a buy trade in stock , then use 27.7 as stoploss and 29.14 as target.
Share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Target | 19.75 |
Downside Target | 20.90 |
Downside Target | 25.05 |
Downside Target | 26.40 |
Downside Target | 27.05 |
Upside Target | 28.45 |
Upside Target | 29.75 |
Upside Target | 30.60 |
Upside Target | 32.10 |
Upside Target | 32.90 |
Upside Target | 33.00 |
Upside Target | 34.40 |
Upside Target | 36.00 |
Intraday share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Intraday Target | 25.63 |
Downside Intraday Target | 23.82 |
Upside Intraday Target | 30.68 |
Upside Intraday Target | 33.92 |
Upside Intraday Target | 28.87 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 27.45 | 28.00 | 32.10 | 27.05 | 2.365 times |
03 Fri May 2024 | 27.75 | 30.00 | 30.60 | 27.20 | 0.5 times |
26 Fri Apr 2024 | 30.30 | 33.00 | 34.40 | 28.65 | 0.521 times |
19 Fri Apr 2024 | 31.45 | 26.50 | 33.00 | 25.05 | 2.478 times |
12 Fri Apr 2024 | 26.80 | 28.35 | 29.75 | 26.40 | 0.745 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 27.45 | 29.45 | 32.10 | 27.05 | 0.301 times |
30 Tue Apr 2024 | 28.75 | 20.90 | 34.40 | 20.90 | 1.715 times |
28 Thu Mar 2024 | 20.50 | 27.30 | 28.45 | 19.75 | 1.317 times |
29 Thu Feb 2024 | 26.90 | 31.65 | 32.90 | 25.50 | 0.667 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 Essar Shipping (ESSARSHPNG)
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) 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 Essar Shipping ( (ESSARSHPNG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Shipping stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Shipping in short term but the sell signal is initial and weak.
Essar Shipping 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Shipping in short term and SELL 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 Essar Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.18 and Essar Shipping (ESSARSHPNG) 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 Essar Shipping (ESSARSHPNG) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG) stock is negative.
Essar Shipping 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.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) 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 Essar Shipping ( (ESSARSHPNG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Essar Shipping stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Essar Shipping in short term but the sell signal is initial and weak.
Essar Shipping 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Essar Shipping in short term and SELL 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 Essar Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.18 and Essar Shipping (ESSARSHPNG) 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 Essar Shipping (ESSARSHPNG) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG) stock is negative.
Essar Shipping 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.
Click here for Essar Shipping charts
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Daily charts
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