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(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.

10 day averaged volume of Electrosteel Castings is 2580445

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	106.71	103.24	107.80	101.40	1.297 times
15 Thu May 2025	102.74	101.50	103.15	101.22	0.632 times
14 Wed May 2025	100.97	99.00	102.60	98.01	1.247 times
13 Tue May 2025	98.06	96.93	100.53	96.60	0.95 times
12 Mon May 2025	96.45	91.64	97.00	91.64	2.091 times
09 Fri May 2025	88.73	87.10	89.50	86.25	0.697 times
08 Thu May 2025	89.34	93.19	94.70	88.60	0.94 times
07 Wed May 2025	93.13	91.00	94.50	90.41	0.706 times
06 Tue May 2025	91.78	96.45	97.01	91.50	0.611 times
05 Mon May 2025	96.45	96.13	97.20	93.85	1.247 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.9, but if it comes below 104.9, then a intra day sell could be more profitable.
If you take a sell trade below 104.9, then use 104.9 as stoploss and 99.24 as target. However if you take a buy trade in stock , then use 104.9 as stoploss and 111.8 as target.

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
Downside Target	97.00
Downside Target	99.25
Downside Target	102.48
Upside Target	107.80
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	96.3
Downside Intraday Target	85.89
Upside Intraday Target	112.46
Upside Intraday Target	118.21
Downside Intraday Target	102.05

Weekly technical analysis of Electrosteel Castings (ELECTCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	106.71	91.64	107.80	91.64	1.48 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
16 Fri May 2025	106.71	96.98	107.80	86.25	0.729 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 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 Electrosteel Castings (ELECTCAST)

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

Price action analysis of Electrosteel Castings ( (ELECTCAST) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Electrosteel Castings stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Electrosteel Castings 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.

Electrosteel Castings 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 Electrosteel Castings 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.14 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 rising upwards.

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 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.