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(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)

Electrosteel Castings trades in NSE in Construction & Engineering sector.

10 day averaged volume of Electrosteel Castings is 509566

Date Daily Closing Price Open High Low Volume
26 Mon Jul 2021 37.25 37.00 37.90 36.85 0.799 times
23 Fri Jul 2021 36.75 36.75 37.40 36.00 0.879 times
22 Thu Jul 2021 36.35 36.50 37.20 35.90 0.974 times
20 Tue Jul 2021 35.90 37.00 37.00 35.65 0.978 times
19 Mon Jul 2021 37.00 37.05 37.50 37.00 0.743 times
16 Fri Jul 2021 37.40 37.30 38.25 36.80 0.743 times
15 Thu Jul 2021 37.30 38.10 38.30 35.45 1.754 times
14 Wed Jul 2021 37.85 38.15 38.80 37.75 0.468 times
13 Tue Jul 2021 38.05 38.05 39.00 37.60 1.333 times
12 Mon Jul 2021 37.95 38.50 38.85 37.80 1.01 times

My analysis of stock is bearish for shortterm, and stock might move down till 36.7 or till 35.7. Use a stoploss of 37.5 and if the stock hits stoploss, then it can shoot up till 38.31

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Target 23.20
Downside Target 24.80
Downside Target 28.00
Downside Target 31.00
Downside Target 31.80
Downside Target 35.00
Downside Target 36.85
Upside Target 37.90
Upside Target 39.00
Upside Target 39.30
Upside Target 39.90
Upside Target 40.35

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type Value
Downside Intraday Target 36.77
Downside Intraday Target 36.28
Upside Intraday Target 37.82
Upside Intraday Target 38.38
Upside Intraday Target 37.33

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date Weekly Closing Price Open High Low Volume
26 Mon Jul 2021 37.25 37.00 37.90 36.85 0.223 times
23 Fri Jul 2021 36.75 37.05 37.50 35.65 0.673 times
16 Fri Jul 2021 37.40 38.50 39.00 35.45 0.551 times
09 Fri Jul 2021 38.15 38.50 39.90 37.00 0.76 times
02 Fri Jul 2021 38.00 36.00 39.30 35.60 1.353 times

Price has moved up 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
26 Mon Jul 2021 37.25 37.50 39.90 35.45 0.354 times
30 Wed Jun 2021 37.15 32.50 40.35 31.80 1.473 times
31 Mon May 2021 32.25 33.50 37.00 31.00 0.598 times
30 Fri Apr 2021 34.25 24.80 35.00 24.80 1.922 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 Electrosteel Castings (ELECTCAST)

Indicator Name Indicator Value Indicator Signal
ADX 16, 20, 13 Sell
MACD 1, 1Sell
Stochastics 38None
CCI 5Buy
RSI 51Buy
OBV 4664236Sell
VWAP 37Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) 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 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 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 Electrosteel Castings stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Electrosteel Castings 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Electrosteel Castings in short term and BUY signal is strong.

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 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 37.19 and Electrosteel Castings (ELECTCAST) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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

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Daily charts

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Daily chart
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