Login or Join
Learn then Earn

(ELECTCAST) Electrosteel Castings complete technical analysis [charts+indicators] | Buy/Sell Electrosteel Castings | (ELECTCAST) share price targets

Complete technical analysis of Electrosteel Castings (ELECTCAST) by charts plus indicators, forecast predictions and share price targets for Electrosteel Castings (ELECTCAST)

10 day averaged volume of Electrosteel Castings is 3144061

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 143.95 146.97 146.97 142.50 0.511 times
19 Tue Nov 2024 147.27 145.88 150.70 145.70 0.419 times
18 Mon Nov 2024 145.89 146.09 149.19 140.90 0.732 times
14 Thu Nov 2024 144.28 143.07 147.51 141.01 0.923 times
13 Wed Nov 2024 141.36 148.00 150.79 140.60 0.875 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 148.1, but if it comes above 148.1, then a intra day buy could be more profitable.
If you take a sell trade below 148.1, then use 148.1 as stoploss and 133.6 as target. However if you take a buy trade in stock , then use 148.1 as stoploss and 160.22 as target.

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Target 140.60
Upside Target 149.00
Upside Target 154.49
Upside Target 161.42
Upside Target 167.41
Upside Target 171.25
Upside Target 179.75
Upside Target 193.66
Upside Target 207.10
Upside Target 216.00
Upside Target 224.40
Upside Target 226.80
Upside Target 236.60

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Intraday Target 139.67
Downside Intraday Target 135.38
Upside Intraday Target 149.47
Upside Intraday Target 154.98
Upside Intraday Target 145.18

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 143.95 146.09 150.70 140.90 0.308 times
14 Thu Nov 2024 144.28 151.15 154.49 140.60 1.362 times
08 Fri Nov 2024 151.12 171.94 171.94 149.00 1.531 times
01 Fri Nov 2024 170.14 175.00 179.75 162.44 1.273 times
30 Wed Oct 2024 176.59 171.99 179.75 167.41 0.39 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 Electrosteel Castings (ELECTCAST)

Date Monthly Closing Price Open High Low Volume
21 Thu Nov 2024 143.95 164.76 171.94 140.60 0.746 times
31 Thu Oct 2024 164.76 212.60 216.00 161.42 0.724 times
30 Mon Sep 2024 211.46 214.00 236.60 207.10 1.161 times
30 Fri Aug 2024 214.20 219.80 226.80 193.66 0.596 times

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 Electrosteel Castings (ELECTCAST)

Indicator Name Indicator Value Indicator Signal
ADX 9, 32, 56 Sell
MACD -23, -22Sell
Stochastics 16Sell
CCI -63Sell
RSI 36Sell
OBV -7428137Sell
VWAP 148Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings ( (ELECTCAST) ) based on a short to mid 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 Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Electrosteel Castings in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Electrosteel Castings 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Electrosteel Castings 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 Electrosteel Castings is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.3 and Electrosteel Castings (ELECTCAST) 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 Electrosteel Castings (ELECTCAST) stock. Volume based technical analysis of Electrosteel Castings (ELECTCAST) stock is negative.

Electrosteel Castings 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.

Click here for Electrosteel Castings charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme