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(ESSARSHPNG_BE) Essar Shipping complete technical analysis [charts+indicators] | Buy/Sell Essar Shipping | (ESSARSHPNG_BE) share price targets

Complete technical analysis of Essar Shipping (ESSARSHPNG_BE) by charts plus indicators, forecast predictions and share price targets for Essar Shipping (ESSARSHPNG_BE)

Showing technical analysis as on 2025-06-12 View latest technical analysis

10 day averaged volume of Essar Shipping is 100080

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Jun 2025	32.06	32.85	33.33	32.00	0.613 times
11 Wed Jun 2025	32.61	31.98	32.98	30.90	1.615 times
10 Tue Jun 2025	31.41	32.00	32.00	30.41	0.62 times
09 Mon Jun 2025	31.34	31.36	32.15	31.11	0.608 times
06 Fri Jun 2025	31.36	31.42	32.50	31.00	1.112 times
05 Thu Jun 2025	31.42	31.37	31.90	30.60	1.014 times
04 Wed Jun 2025	31.37	31.56	31.95	30.20	1.175 times
03 Tue Jun 2025	31.56	32.34	32.74	31.16	0.786 times
02 Mon Jun 2025	32.28	31.35	33.00	31.35	0.894 times
30 Fri May 2025	32.41	33.22	33.22	31.66	1.386 times

My analysis of stock is bullish for shortterm, and stock might move up till 34.4 or till 38.6. Use a stoploss of 30.87 and if this stock hits its stoploss, then it can fall down till 27.36

Share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Target	21.56
Downside Target	23.56
Downside Target	26.20
Downside Target	28.75
Downside Target	30.20
Downside Target	31.50
Upside Target	33.00
Upside Target	33.33
Upside Target	33.85
Upside Target	34.50
Upside Target	35.40
Upside Target	36.85

Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Intraday Target	30.54
Downside Intraday Target	29.01
Upside Intraday Target	33.46
Upside Intraday Target	34.85
Downside Intraday Target	31.93

Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Jun 2025	32.06	31.36	33.33	30.41	0.694 times
06 Fri Jun 2025	31.36	31.35	33.00	30.20	1.053 times
30 Fri May 2025	32.41	33.85	33.85	31.50	2.128 times
23 Fri May 2025	32.96	32.25	34.50	31.90	0.293 times
28 Fri Mar 2025	21.65	26.20	26.20	21.60	1.162 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Jun 2025	32.06	31.35	33.33	30.20	1.213 times
30 Fri May 2025	32.41	32.25	34.50	31.50	0.286 times
28 Fri Mar 2025	21.65	23.80	26.49	21.56	1.694 times
28 Fri Feb 2025	23.67	34.17	35.40	23.56	0.651 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_BE)

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) 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 gaining momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 but buying is losing 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 31.87 and Essar Shipping (ESSARSHPNG_BE) 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_BE) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG_BE) 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.