Homepage Active Options Active Stocks

Stock analysis Electrosteel Castings Limited ELECTCAST

More indepth analysis on MunafaSutra.com

Moving Averages for Electrosteel Castings Limited

  • 5Day Average: 140.45
  • 12Day Average: 142.5
  • 20Day Average: 150.27
  • 50Day Average: 154.76
  • 100Day Average: 182.32
  • 150Day Average: 184.7
  • 200Day Average: 183.28

ELECTCAST Indicators & signals

Indicator MACD (12,26,9)

143.89, 149.18, -5.2
Indicator MACD is in negative zone

Indicator ADX (14)

15.75, 19.07, 26.2
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELECTCAST Electrosteel Castings Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu Jan 2025 145.47 141.49 to 148.40 1.52% 1.26 times
01 Wed Jan 2025 143.29 138.75 to 144.30 2.87% 0.55 times
31 Tue Dec 2024 139.29 134.10 to 139.90 2.8% 0.79 times
30 Mon Dec 2024 135.50 134.71 to 139.05 -2.3% 0.69 times
27 Fri Dec 2024 138.69 137.74 to 139.80 0.68% 0.61 times
26 Thu Dec 2024 137.76 137.05 to 140.65 -1.36% 0.66 times
24 Tue Dec 2024 139.66 138.31 to 141.54 0.79% 0.64 times
23 Mon Dec 2024 138.57 137.12 to 147.80 -2.22% 1.91 times
20 Fri Dec 2024 141.71 141.01 to 149.59 -3.72% 1.78 times
19 Thu Dec 2024 147.18 145.81 to 151.99 -2.79% 1.4 times
18 Wed Dec 2024 151.41 151.00 to 154.44 0% 0.97 times
18 Wed Dec 2024 151.41 151.00 to 154.44 -0.2% 0.97 times

Technical analysis forecast for Electrosteel Castings Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Electrosteel Castings Limited ELECTCAST at this time. Stock is falling and might fall more.

It appears as if Electrosteel Castings Limited ELECTCAST gave a large move recently.

Stock of Electrosteel Castings Limited (ELECTCAST) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Electrosteel Castings Limited is bearish for shortterm, and stock might move down till 136.1 or till 123. Use a stoploss of 146.99 and if the stock hits stoploss, then it can shoot up till 157.9

More indepth analysis on MunafaSutra.com