Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ELECTCAST) Electrosteel Castings complete technical analysis [charts+indicators] | Buy/Sell Electrosteel Castings | (ELECTCAST) share price targets

Complete technical analysis of Electrosteel Castings (ELECTCAST) by charts plus indicators, forecast predictions and share price targets for Electrosteel Castings (ELECTCAST)

Electrosteel Castings trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2025-05-12 View latest technical analysis

10 day averaged volume of Electrosteel Castings is 2188771

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	96.45	91.64	97.00	91.64	2.465 times
09 Fri May 2025	88.73	87.10	89.50	86.25	0.821 times
08 Thu May 2025	89.34	93.19	94.70	88.60	1.109 times
07 Wed May 2025	93.13	91.00	94.50	90.41	0.833 times
06 Tue May 2025	91.78	96.45	97.01	91.50	0.72 times
05 Mon May 2025	96.45	96.13	97.20	93.85	1.47 times
02 Fri May 2025	94.58	96.98	98.30	94.22	1.037 times
30 Wed Apr 2025	96.63	99.60	100.44	96.25	0.595 times
29 Tue Apr 2025	99.96	102.10	104.49	99.51	0.621 times
28 Mon Apr 2025	101.83	103.25	103.99	101.25	0.768 times

Stock of Electrosteel Castings (ELECTCAST) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 92.7 or till 86. Use a stoploss of 98.25 and if the stock hits stoploss, then it can shoot up till 103.8

Share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Target	86.25
Downside Target	88.56
Downside Target	91.64
Downside Target	94.22
Upside Target	97.00
Upside Target	102.48
Upside Target	104.49
Upside Target	108.00
Upside Target	112.00
Upside Target	113.01
Upside Target	126.45
Upside Target	148.40

Intraday share price targets for Electrosteel Castings (ELECTCAST)

Target Type	Value
Downside Intraday Target	93.06
Downside Intraday Target	89.67
Upside Intraday Target	98.42
Upside Intraday Target	100.39
Downside Intraday Target	95.03

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	96.45	91.64	97.00	91.64	0.498 times
09 Fri May 2025	88.73	96.13	97.20	86.25	1.639 times
02 Fri May 2025	94.58	103.25	104.49	94.22	0.425 times
25 Fri Apr 2025	103.68	100.99	112.00	99.25	3.18 times
17 Thu Apr 2025	100.58	97.00	102.48	97.00	0.528 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 Electrosteel Castings (ELECTCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon May 2025	96.45	96.98	98.30	86.25	0.463 times
30 Wed Apr 2025	96.63	98.23	112.00	86.51	0.748 times
28 Fri Mar 2025	98.24	93.21	108.00	88.56	1.557 times
28 Fri Feb 2025	92.76	120.00	126.45	89.81	1.148 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 Electrosteel Castings (ELECTCAST)

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings ( (ELECTCAST) ) 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 Electrosteel Castings stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Electrosteel Castings in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Electrosteel Castings 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Electrosteel Castings 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Electrosteel Castings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 94.93 and Electrosteel Castings (ELECTCAST) 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 Electrosteel Castings (ELECTCAST) stock. Volume based technical analysis of Electrosteel Castings (ELECTCAST) stock is negative.

Electrosteel Castings 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.