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

(ESSARSHPNG_BE) Essar Shipping complete technical analysis [charts+indicators] | Buy/Sell Essar Shipping | (ESSARSHPNG_BE) share price targets

Complete technical analysis of Essar Shipping (ESSARSHPNG_BE) by charts plus indicators, forecast predictions and share price targets for Essar Shipping (ESSARSHPNG_BE)

Showing technical analysis as on 2025-05-30 View latest technical analysis

10 day averaged volume of Essar Shipping is 117719

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	32.41	33.22	33.22	31.66	1.178 times
29 Thu May 2025	33.20	33.10	33.25	32.30	0.672 times
28 Wed May 2025	33.04	33.11	33.50	32.60	0.918 times
27 Tue May 2025	32.47	32.76	33.38	32.00	0.483 times
26 Mon May 2025	32.76	33.85	33.85	31.50	0.772 times
23 Fri May 2025	32.96	34.00	34.00	32.70	0.649 times
22 Thu May 2025	33.10	33.32	33.80	32.66	0.529 times
21 Wed May 2025	33.90	32.25	34.50	31.90	0.714 times
28 Fri Mar 2025	21.65	22.65	22.99	21.60	1.861 times
26 Wed Mar 2025	22.73	23.76	23.99	22.70	1.531 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.2, but if it comes below 32.2, then a intra day sell could be more profitable.
If you take a sell trade below 32.2, then use 32.2 as stoploss and 27.88 as target. However if you take a buy trade in stock , then use 32.2 as stoploss and 37.3 as target.

Share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Target	21.56
Downside Target	23.15
Downside Target	24.09
Downside Target	26.20
Downside Target	28.75
Downside Target	31.50
Upside Target	33.85
Upside Target	34.50
Upside Target	34.70
Upside Target	35.40
Upside Target	36.85
Upside Target	41.14

Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Intraday Target	31.32
Downside Intraday Target	30.24
Upside Intraday Target	33.67
Upside Intraday Target	34.94
Upside Intraday Target	32.59

Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	32.41	33.85	33.85	31.50	2.128 times
23 Fri May 2025	32.96	32.25	34.50	31.90	0.293 times
28 Fri Mar 2025	21.65	26.20	26.20	21.60	1.162 times
21 Fri Mar 2025	25.46	24.79	26.49	23.15	1.561 times
13 Thu Mar 2025	24.79	25.22	26.48	24.09	0.69 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri May 2025	32.41	32.25	34.50	31.50	0.286 times
28 Fri Mar 2025	21.65	23.80	26.49	21.56	1.694 times
28 Fri Feb 2025	23.67	34.17	35.40	23.56	0.651 times
31 Fri Jan 2025	32.93	34.25	36.85	28.75	1.78 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 Essar Shipping (ESSARSHPNG_BE)

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer 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.

ADX buy sell signal for Essar Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Essar Shipping 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.

Essar Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 29.01 and Essar Shipping (ESSARSHPNG_BE) 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 Essar Shipping (ESSARSHPNG_BE) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG_BE) stock is negative.

Essar Shipping 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.