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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.

10 day averaged volume of Essar Shipping is 1401452

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	24.26	24.48	24.94	24.05	0.133 times
07 Mon Apr 2025	23.52	22.40	25.00	22.40	0.176 times
04 Fri Apr 2025	24.89	25.70	26.19	24.11	0.29 times
03 Thu Apr 2025	25.05	24.00	25.05	23.71	0.084 times
02 Wed Apr 2025	23.86	23.86	23.86	23.33	0.044 times
01 Tue Apr 2025	22.73	21.51	22.73	21.50	0.029 times
15 Mon Jul 2024	68.14	64.00	68.14	63.45	2.325 times
12 Fri Jul 2024	61.95	58.50	61.95	58.10	5.016 times
11 Thu Jul 2024	56.32	52.00	56.32	52.00	1.184 times
10 Wed Jul 2024	51.20	52.58	53.19	49.48	0.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.6, but if it comes above 30.6, then a intra day buy could be more profitable.
If you take a sell trade below 30.6, then use 30.6 as stoploss and 13.4 as target. However if you take a buy trade in stock , then use 30.6 as stoploss and 44.86 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	22.77
Downside Intraday Target	21.29
Upside Intraday Target	25.37
Upside Intraday Target	26.49
Downside Intraday Target	23.89

Weekly technical analysis of Essar Shipping (ESSARSHPNG)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	24.26	22.40	25.00	22.40	0.111 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
08 Tue Apr 2025	24.26	21.51	26.19	21.50	0.043 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 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 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 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 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 negative zone. This is the SELL 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 59.32 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.