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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 2025-12-08 View latest technical analysis

10 day averaged volume of Essar Shipping is 99422

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Dec 2025	28.71	29.99	30.98	28.30	1.15 times
05 Fri Dec 2025	29.69	28.47	29.70	28.00	1.331 times
04 Thu Dec 2025	28.29	28.01	28.90	28.00	0.493 times
03 Wed Dec 2025	28.29	28.50	28.90	28.00	0.677 times
02 Tue Dec 2025	28.65	29.10	29.35	28.42	0.571 times
01 Mon Dec 2025	29.02	29.49	30.05	28.60	0.86 times
28 Fri Nov 2025	29.45	29.70	30.50	28.81	1.017 times
27 Thu Nov 2025	29.69	29.00	30.50	29.00	1.303 times
26 Wed Nov 2025	29.14	28.90	29.92	28.21	1.198 times
25 Tue Nov 2025	28.51	28.53	28.55	28.00	0.723 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.5 as stoploss in an intra day buy trade for a target of 30.03. However, stock will show a bearish move below 28.5.

Share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Target	22.70
Downside Target	26.66
Downside Target	28.00
Upside Target	29.21
Upside Target	30.05
Upside Target	30.95
Upside Target	30.98
Upside Target	31.93
Upside Target	33.33
Upside Target	35.30
Upside Target	38.07

Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Intraday Target	27.68
Downside Intraday Target	26.65
Upside Intraday Target	30.36
Upside Intraday Target	32.01
Upside Intraday Target	29.33

Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Dec 2025	28.71	29.99	30.98	28.30	0.293 times
05 Fri Dec 2025	29.69	29.49	30.05	28.00	0.648 times
28 Fri Nov 2025	29.45	30.00	30.50	28.00	0.856 times
21 Fri Nov 2025	29.92	31.93	31.93	29.21	0.553 times
14 Fri Nov 2025	32.52	34.80	35.30	30.95	1.402 times

Price has moved down 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
08 Mon Dec 2025	28.71	29.49	30.98	28.00	0.145 times
28 Fri Nov 2025	29.45	38.07	38.07	28.00	2.249 times
22 Fri Aug 2025	24.81	27.64	28.00	22.70	1.311 times
31 Thu Jul 2025	27.36	30.67	30.67	26.66	0.676 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) 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 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 and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

Stock of Essar Shipping is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.08 and Essar Shipping (ESSARSHPNG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.