(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 2024-05-06 View latest technical analysis
10 day averaged volume of Essar Shipping is 692163
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 30.50 | 28.00 | 30.50 | 27.05 | 1.798 times |
03 Fri May 2024 | 27.75 | 28.90 | 29.15 | 27.20 | 0.855 times |
02 Thu May 2024 | 28.20 | 29.45 | 29.45 | 28.00 | 0.591 times |
30 Tue Apr 2024 | 28.75 | 30.35 | 30.40 | 28.50 | 0.557 times |
29 Mon Apr 2024 | 30.00 | 30.00 | 30.60 | 29.60 | 0.395 times |
26 Fri Apr 2024 | 30.30 | 31.15 | 31.30 | 30.10 | 0.468 times |
25 Thu Apr 2024 | 30.70 | 29.55 | 31.30 | 29.20 | 1.223 times |
24 Wed Apr 2024 | 29.30 | 31.00 | 31.00 | 28.65 | 0.718 times |
23 Tue Apr 2024 | 30.25 | 31.50 | 31.80 | 30.00 | 0.745 times |
22 Mon Apr 2024 | 31.05 | 33.00 | 34.40 | 30.75 | 1.642 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 30.6 as stoploss in an intra day sell trade for a target of 28.92. However, stock will show a bullish move above 30.6.
Share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Target | 19.75 |
Downside Target | 20.90 |
Downside Target | 25.05 |
Downside Target | 26.40 |
Downside Target | 27.05 |
Downside Target | 28.45 |
Downside Target | 29.75 |
Downside Target | 30.50 |
Upside Target | 30.60 |
Upside Target | 32.90 |
Upside Target | 33.00 |
Upside Target | 34.40 |
Upside Target | 36.00 |
Intraday share price targets for Essar Shipping (ESSARSHPNG)
Target Type | Value |
Downside Intraday Target | 28.2 |
Downside Intraday Target | 25.9 |
Upside Intraday Target | 31.65 |
Upside Intraday Target | 32.8 |
Downside Intraday Target | 29.35 |
Weekly technical analysis of Essar Shipping (ESSARSHPNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 30.50 | 28.00 | 30.50 | 27.05 | 0.75 times |
03 Fri May 2024 | 27.75 | 30.00 | 30.60 | 27.20 | 0.5 times |
26 Fri Apr 2024 | 30.30 | 33.00 | 34.40 | 28.65 | 0.521 times |
19 Fri Apr 2024 | 31.45 | 26.50 | 33.00 | 25.05 | 2.478 times |
12 Fri Apr 2024 | 26.80 | 28.35 | 29.75 | 26.40 | 0.745 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 |
06 Mon May 2024 | 30.50 | 29.45 | 30.50 | 27.05 | 0.137 times |
30 Tue Apr 2024 | 28.75 | 20.90 | 34.40 | 20.90 | 1.715 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 |
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 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 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 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 SELL signal for Essar Shipping in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 29.96 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 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 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 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 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 SELL signal for Essar Shipping in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 29.96 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 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
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Daily charts
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