(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 2024-04-15 View latest technical analysis
10 day averaged volume of Essar Shipping is 673817
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 28.00 | 26.50 | 29.40 | 25.05 | 1.864 times |
12 Fri Apr 2024 | 26.80 | 27.95 | 28.50 | 26.40 | 0.545 times |
10 Wed Apr 2024 | 27.55 | 28.40 | 29.60 | 27.10 | 0.757 times |
09 Tue Apr 2024 | 27.55 | 28.40 | 29.75 | 27.15 | 1.014 times |
08 Mon Apr 2024 | 28.30 | 28.35 | 29.35 | 27.70 | 1.504 times |
05 Fri Apr 2024 | 27.25 | 26.85 | 27.25 | 24.95 | 3.857 times |
04 Thu Apr 2024 | 24.80 | 24.80 | 24.80 | 23.90 | 1.06 times |
03 Wed Apr 2024 | 23.65 | 23.65 | 23.65 | 23.65 | 0.034 times |
02 Tue Apr 2024 | 22.55 | 22.55 | 22.55 | 22.55 | 0.087 times |
01 Mon Apr 2024 | 21.50 | 20.90 | 21.50 | 20.90 | 0.09 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.4, but if it comes below 26.4, then a intra day sell could be more profitable.
If you take a sell trade below 26.4, then use 26.4 as stoploss and 23.45 as target. However if you take a buy trade in stock , then use 26.4 as stoploss and 29.9 as target.
Share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Target | 17.65 |
Downside Target | 19.75 |
Downside Target | 20.60 |
Downside Target | 21.80 |
Downside Target | 22.85 |
Downside Target | 25.05 |
Downside Target | 26.40 |
Downside Target | 27.25 |
Upside Target | 28.45 |
Upside Target | 29.40 |
Upside Target | 29.75 |
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 | 25.57 |
Downside Intraday Target | 23.13 |
Upside Intraday Target | 29.92 |
Upside Intraday Target | 31.83 |
Downside Intraday Target | 27.48 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 28.00 | 26.50 | 29.40 | 25.05 | 0.488 times |
12 Fri Apr 2024 | 26.80 | 28.35 | 29.75 | 26.40 | 0.745 times |
05 Fri Apr 2024 | 27.25 | 20.90 | 27.25 | 20.90 | 1.987 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 |
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 |
15 Mon Apr 2024 | 28.00 | 20.90 | 29.75 | 20.90 | 0.763 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 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) ) based on a short 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.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a short to mid 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.
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 BUY. Signal strength is Weak 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 27.21 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 rising upwards.
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 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.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a short 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) ) based on a short 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.
Price action analysis of Essar Shipping ( (ESSARSHPNG) ) based on a short to mid 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.
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 BUY. Signal strength is Weak 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 27.21 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 rising upwards.
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 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.
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.