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Electrosteel Castings Limited

ELECTCAST.BO•BSE
Basic Materials
Steel
₹75.03
₹4.45(6.30%)
Indian Market opens in 5h 18m

Electrosteel Castings Limited (ELECTCAST.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Electrosteel Castings Limited (BSE:ELECTCAST.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELECTCAST.BO Technical Analysis Summary

Electrosteel Castings Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.18)
Trend Strength:Moderate (ADX: 25.44)
Volatility:High (ATR: 4.14)
Support/Resistance:$60.63 – $78.11 (Bollinger Bands)

This mix signals that Electrosteel Castings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.18

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.20

Neutral
Mid-range signal with no clear trend.

Williams %R: -34.91

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.58

Strongly Bullish
Strong upside momentum.

Takeaway:Electrosteel Castings Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.29

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.44

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.14

Medium
Medium volatility, healthy price movement.

CCI (14): 78.26

Bullish
Bullish, momentum building upward.

Takeaway:Electrosteel Castings Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$78.11
Middle Band (SMA 20)
$69.37
Lower Band
$60.63
Current Position
Within Bands

Takeaway:Electrosteel Castings Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$79.09
Middle Line (EMA 20)
$70.80
Lower Channel
$62.51
Squeeze Status
No Squeeze

Takeaway:Electrosteel Castings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.30M
Money Flow Index73.08Bullish, inflows support continued momentum.
Relative Vigor Index37.85Bearish, price momentum favors sellers.

Overall Takeaway:ELECTCAST.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Electrosteel Castings Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Electrosteel Castings Limited are mixed, suggesting a Hold or wait-and-see approach.

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