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Electrosteel Castings Limited

ELECTCAST.BO Technical Analysis Summary (BSE)

Analyze ELECTCAST.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELECTCAST.BO●BSE
Basic MaterialsSteel
₹72.15
₹1.70(2.41%)
Indian Market opens in 23h 55m

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 (BSE)

Electrosteel Castings Limited (BSE: ELECTCAST.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.66)
Trend Strength:Weak (ADX: 16.30)
Volatility:Medium (ATR: 2.62)
Support/Resistance:$70.89 – $80.96 (Bollinger Bands)

Technical conditions suggest Electrosteel Castings Limited on the BSE is awaiting a decisive move. This mix signals that Electrosteel Castings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 38.66

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.53

Bullish
Oversold zone signals rebound potential.

Williams %R: -70.81

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.08

Strongly Bearish
Sharp downside momentum.

Takeaway:Electrosteel Castings Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.63

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.30

Weak
Weak trend, market trading sideways.

ATR (14): 2.62

Medium
Medium volatility, healthy price movement.

CCI (14): -127.26

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Electrosteel Castings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$80.96
Middle Band (SMA 20)
$75.92
Lower Band
$70.89
Current Position
Within Bands

Takeaway:Electrosteel Castings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$80.42
Middle Line (EMA 20)
$75.17
Lower Channel
$69.92
Squeeze Status
Squeeze On

Takeaway:Electrosteel Castings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-768.95K
Money Flow Index28.62Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.40Bearish, price momentum favors sellers.

Overall Takeaway:ELECTCAST.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Electrosteel Castings Limited (BSE: ELECTCAST.BO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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.

(BSE: ELECTCAST.BO) Technical Analysis FAQ