(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 2024-04-01 View latest technical analysis
10 day averaged volume of Essar Shipping is 542717
Date | Daily Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 21.50 | 20.90 | 21.50 | 20.90 | 0.112 times |
28 Thu Mar 2024 | 20.50 | 20.70 | 21.80 | 20.10 | 1.305 times |
27 Wed Mar 2024 | 20.80 | 19.95 | 20.80 | 19.95 | 0.501 times |
26 Tue Mar 2024 | 19.85 | 21.20 | 21.25 | 19.75 | 1.398 times |
22 Fri Mar 2024 | 20.75 | 21.45 | 21.70 | 20.70 | 1.046 times |
21 Thu Mar 2024 | 21.45 | 22.85 | 22.85 | 21.10 | 1.07 times |
20 Wed Mar 2024 | 21.80 | 21.50 | 21.80 | 21.30 | 0.215 times |
19 Tue Mar 2024 | 20.80 | 20.80 | 21.80 | 20.60 | 0.88 times |
18 Mon Mar 2024 | 20.80 | 21.65 | 22.20 | 20.60 | 0.513 times |
15 Fri Mar 2024 | 21.65 | 23.05 | 23.45 | 21.45 | 0.714 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.5 as stoploss in an intra day buy trade for a target of 22.57. However, stock will show a bearish move below 20.5.
Share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Target | 17.65 |
Downside Target | 19.75 |
Downside Target | 20.50 |
Downside Target | 21.50 |
Upside Target | 22.75 |
Upside Target | 24.85 |
Upside Target | 25.50 |
Upside Target | 28.45 |
Upside Target | 28.50 |
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 | 21.1 |
Downside Intraday Target | 20.7 |
Upside Intraday Target | 21.7 |
Upside Intraday Target | 21.9 |
Downside Intraday Target | 21.3 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 21.50 | 20.90 | 21.50 | 20.90 | 0.035 times |
28 Thu Mar 2024 | 20.50 | 21.20 | 21.80 | 19.75 | 0.86 times |
22 Fri Mar 2024 | 20.75 | 21.65 | 22.85 | 20.60 | 0.8 times |
15 Fri Mar 2024 | 21.65 | 24.50 | 24.85 | 20.50 | 0.87 times |
07 Thu Mar 2024 | 23.70 | 27.50 | 28.45 | 22.75 | 1.743 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 Essar Shipping (ESSARSHPNG)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Mon Apr 2024 | 21.50 | 20.90 | 21.50 | 20.90 | 0.006 times |
28 Thu Mar 2024 | 20.50 | 27.30 | 28.45 | 19.75 | 1.317 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 |
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)
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 BUY signal for Essar Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Essar Shipping 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Shipping in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.78 and Essar Shipping (ESSARSHPNG) 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 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 BUY signal for Essar Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Essar Shipping 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Essar Shipping in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.78 and Essar Shipping (ESSARSHPNG) 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 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
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Daily charts
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