Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-04-07 View latest technical analysis

10 day averaged volume of Essar Shipping is 1485996

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	23.52	22.40	25.00	22.40	0.166 times
04 Fri Apr 2025	24.89	25.70	26.19	24.11	0.274 times
03 Thu Apr 2025	25.05	24.00	25.05	23.71	0.079 times
02 Wed Apr 2025	23.86	23.86	23.86	23.33	0.042 times
01 Tue Apr 2025	22.73	21.51	22.73	21.50	0.028 times
15 Mon Jul 2024	68.14	64.00	68.14	63.45	2.193 times
12 Fri Jul 2024	61.95	58.50	61.95	58.10	4.731 times
11 Thu Jul 2024	56.32	52.00	56.32	52.00	1.117 times
10 Wed Jul 2024	51.20	52.58	53.19	49.48	0.421 times
09 Tue Jul 2024	52.36	53.89	54.29	51.86	0.382 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.6, but if it comes above 32.6, then a intra day buy could be more profitable.
If you take a sell trade below 32.6, then use 32.6 as stoploss and 16.4 as target. However if you take a buy trade in stock , then use 32.6 as stoploss and 46.19 as target.

Share price targets for Essar Shipping (ESSARSHPNG)

Target Type	Value
Downside Target	20.90
Downside Target	21.50
Downside Target	22.40
Upside Target	25.00
Upside Target	25.85
Upside Target	33.20
Upside Target	34.40
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	22.28
Downside Intraday Target	21.04
Upside Intraday Target	24.88
Upside Intraday Target	26.24
Upside Intraday Target	23.64

Weekly technical analysis of Essar Shipping (ESSARSHPNG)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	23.52	22.40	25.00	22.40	0.063 times
04 Fri Apr 2025	24.89	64.00	68.14	21.50	0.354 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

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
07 Mon Apr 2025	23.52	21.51	26.19	21.50	0.036 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Essar Shipping in short term and the sell signal is strong.

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 red color and prices are below the red 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 SELL signal in short term but selling is losing 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 59.51 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 negative.

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