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(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 2025-04-02 View latest technical analysis

10 day averaged volume of Essar Shipping is 2289418

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	23.86	23.86	23.86	23.33	0.027 times
01 Tue Apr 2025	22.73	21.51	22.73	21.50	0.018 times
15 Mon Jul 2024	68.14	64.00	68.14	63.45	1.423 times
12 Fri Jul 2024	61.95	58.50	61.95	58.10	3.071 times
11 Thu Jul 2024	56.32	52.00	56.32	52.00	0.725 times
10 Wed Jul 2024	51.20	52.58	53.19	49.48	0.273 times
09 Tue Jul 2024	52.36	53.89	54.29	51.86	0.248 times
08 Mon Jul 2024	53.00	55.24	56.30	52.40	0.477 times
05 Fri Jul 2024	54.84	54.94	57.77	53.41	1.398 times
04 Thu Jul 2024	54.82	50.00	54.82	50.00	2.101 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 28.3, for a target of 40.6 or 50.76

Share price targets for Essar Shipping (ESSARSHPNG)

Target Type	Value
Downside Target	20.90
Downside Target	21.50
Downside Target	23.86
Upside Target	25.85
Upside Target	33.20
Upside Target	34.40
Upside Target	45.16
Upside Target	48.51
Upside Target	56.55
Upside Target	57.77
Upside Target	59.45
Upside Target	61.95
Upside Target	68.14

Intraday share price targets for Essar Shipping (ESSARSHPNG)

Target Type	Value
Downside Intraday Target	7.53
Downside Intraday Target	-8.81
Upside Intraday Target	54.17
Upside Intraday Target	84.47
Upside Intraday Target	37.83

Weekly technical analysis of Essar Shipping (ESSARSHPNG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	23.86	64.00	68.14	21.50	0.306 times
12 Fri Jul 2024	61.95	55.24	61.95	49.48	1.079 times
05 Fri Jul 2024	54.84	49.68	57.77	48.51	1.558 times
28 Fri Jun 2024	49.43	52.90	56.55	49.20	0.287 times
21 Fri Jun 2024	53.16	46.30	59.45	45.16	0.771 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 Essar Shipping (ESSARSHPNG)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	23.86	21.51	23.86	21.50	0.004 times
15 Mon Jul 2024	68.14	49.68	68.14	48.51	0.385 times
28 Fri Jun 2024	49.43	32.00	59.45	25.85	4.179 times
31 Fri May 2024	30.20	29.45	33.20	26.05	0.925 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 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 Essar Shipping ( (ESSARSHPNG) ) 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 Essar Shipping ( (ESSARSHPNG) ) 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 Essar Shipping stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Essar Shipping in short term but BUY signal is weak.

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 Essar Shipping is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.72 and Essar Shipping (ESSARSHPNG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.