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Electrosteel Castings Limited

ELECTCAST.NS•NSE
Basic Materials
Steel
₹69.95
₹-0.55(-0.78%)
Indian Market opens in 0h 28m

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

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

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.NS Technical Analysis Summary

Electrosteel Castings Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.15)
Trend Strength:Weak (ADX: 12.51)
Volatility:Medium (ATR: 2.92)
Support/Resistance:$68.11 – $77.42 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.25

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.51

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.28

Bearish
Selling pressure outweighs buying.

Takeaway:Electrosteel Castings Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.41

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.51

Weak
Weak trend, market trading sideways.

ATR (14): 2.92

Medium
Medium volatility, healthy price movement.

CCI (14): -124.70

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
$77.42
Middle Band (SMA 20)
$72.77
Lower Band
$68.11
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$78.71
Middle Line (EMA 20)
$72.86
Lower Channel
$67.02
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 Volume4.27M
Money Flow Index37.27Bearish, selling pressure outweighs inflows.
Relative Vigor Index22.29Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Electrosteel Castings Limited, 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.

Technical Analysis FAQ