Homepage Active Options Active Stocks

Stock analysis Essar Shipping Limited ESSARSHPNG

More indepth analysis on MunafaSutra.com

Moving Averages for Essar Shipping Limited

  • 5Day Average: 40.35
  • 12Day Average: 47.84
  • 20Day Average: 49.1
  • 50Day Average: 40.01
  • 100Day Average: 33.04
  • 150Day Average: 32.45
  • 200Day Average: 27.19

ESSARSHPNG Indicators & signals

Indicator MACD (12,26,9)

43.27, 44.86, 2.49
Indicator MACD is in negative zone

Indicator ADX (14)

28.26, 26.27, 46.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ESSARSHPNG Essar Shipping Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Thu Apr 2025 25.05 23.71 to 25.05 4.99% 0.05 times
02 Wed Apr 2025 23.86 23.33 to 23.86 4.97% 0.03 times
01 Tue Apr 2025 22.73 21.50 to 22.73 -66.64% 0.02 times
15 Mon Jul 2024 68.14 63.45 to 68.14 9.99% 1.46 times
12 Fri Jul 2024 61.95 58.10 to 61.95 10% 3.15 times
11 Thu Jul 2024 56.32 52.00 to 56.32 10% 0.74 times
10 Wed Jul 2024 51.20 49.48 to 53.19 -2.22% 0.28 times
09 Tue Jul 2024 52.36 51.86 to 54.29 -1.21% 0.25 times
08 Mon Jul 2024 53.00 52.40 to 56.30 -3.36% 0.49 times
05 Fri Jul 2024 54.84 53.41 to 57.77 0.04% 1.43 times
04 Thu Jul 2024 54.82 50.00 to 54.82 9.99% 2.15 times
03 Wed Jul 2024 49.84 48.96 to 50.95 1.4% 0.27 times

Technical analysis forecast for Essar Shipping 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 Essar Shipping Limited ESSARSHPNG at this time. Stock is falling and might fall more.

It appears as if Essar Shipping Limited ESSARSHPNG gave a large move recently.

Stock of Essar Shipping Limited (ESSARSHPNG) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Essar Shipping Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Essar Shipping Limited stays below 33.6, but if it comes above 33.6, then a intra day buy could be more profitable.
If you take a sell trade below 33.6, then use 33.6 as stoploss and 19.8 as target. However if you take a buy trade in Essar Shipping Limited, then use 33.6 as stoploss and 45.08 as target.

More indepth analysis on MunafaSutra.com