(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 2024-03-04 View latest technical analysis
10 day averaged volume of Essar Shipping is 299142
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 25.85 | 27.50 | 28.45 | 25.75 | 2.92 times |
02 Sat Mar 2024 | 27.10 | 27.30 | 27.65 | 26.00 | 0.493 times |
01 Fri Mar 2024 | 26.35 | 27.30 | 27.30 | 26.20 | 0.709 times |
29 Thu Feb 2024 | 26.90 | 26.75 | 27.45 | 26.15 | 1.463 times |
28 Wed Feb 2024 | 27.50 | 29.10 | 29.40 | 27.50 | 0.95 times |
27 Tue Feb 2024 | 28.95 | 29.10 | 30.00 | 28.85 | 0.861 times |
26 Mon Feb 2024 | 29.10 | 30.35 | 30.35 | 28.70 | 1.099 times |
23 Fri Feb 2024 | 29.65 | 28.40 | 29.65 | 28.40 | 0.776 times |
22 Thu Feb 2024 | 28.25 | 29.50 | 29.50 | 27.95 | 1.45 times |
21 Wed Feb 2024 | 29.30 | 30.35 | 30.35 | 27.80 | 1.937 times |
Stock of Essar Shipping (ESSARSHPNG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.6, but if it comes above 26.6, then a intra day buy could be more profitable.
If you take a sell trade below 26.6, then use 26.6 as stoploss and 24.7 as target. However if you take a buy trade in stock , then use 26.6 as stoploss and 28.2 as target.
Share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Target | 9.05 |
Downside Target | 14.40 |
Downside Target | 17.65 |
Downside Target | 25.50 |
Upside Target | 27.00 |
Upside Target | 28.45 |
Upside Target | 29.45 |
Upside Target | 30.35 |
Upside Target | 32.90 |
Upside Target | 36.00 |
Upside Target | 38.95 |
Intraday share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Intraday Target | 24.92 |
Downside Intraday Target | 23.98 |
Upside Intraday Target | 27.62 |
Upside Intraday Target | 29.38 |
Upside Intraday Target | 26.68 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 25.85 | 27.50 | 28.45 | 25.75 | 0.524 times |
02 Sat Mar 2024 | 27.10 | 30.35 | 30.35 | 26.00 | 1.219 times |
23 Fri Feb 2024 | 29.65 | 27.00 | 30.35 | 27.00 | 0.642 times |
16 Fri Feb 2024 | 26.30 | 28.20 | 29.45 | 25.50 | 1.148 times |
09 Fri Feb 2024 | 29.65 | 31.50 | 32.90 | 29.65 | 1 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 |
04 Mon Mar 2024 | 25.85 | 27.30 | 28.45 | 25.75 | 0.17 times |
29 Thu Feb 2024 | 26.90 | 31.65 | 32.90 | 25.50 | 0.667 times |
31 Wed Jan 2024 | 31.40 | 33.60 | 36.00 | 28.50 | 0.248 times |
29 Fri Dec 2023 | 32.00 | 19.10 | 38.95 | 17.65 | 1.299 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 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 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) ) 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 Essar Shipping ( (ESSARSHPNG) ) 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 SELL. Signal strength is Weak 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 coming down
CCI has generated a SELL signal for Essar Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Essar Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.7 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.
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 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) ) 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 Essar Shipping ( (ESSARSHPNG) ) 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 SELL. Signal strength is Weak 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 coming down
CCI has generated a SELL signal for Essar Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Essar Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.7 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.
Click here for Essar Shipping charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.