Is Electrosteel Castings Limited stock a buy or sell right now?

Based on current indicators, Electrosteel Castings Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Electrosteel Castings Limited’s RSI?

RSI is 61.61, showing balanced momentum within the normal range.

What does MACD indicate for ELECTCAST.NS?

MACD at 3.32 signals bullish momentum with buyers in control.

What are Electrosteel Castings Limited’s key support and resistance levels?

Support sits around $67.01, while resistance is near $87.86.

Electrosteel Castings Limited

ELECTCAST.NS•NSE

Basic Materials

Steel

₹80.85

₹-3.54(-4.19%)

Indian Market is Open • 15:07

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 61.61)

Trend Strength:Moderate (ADX: 28.37)

Volatility:High (ATR: 4.52)

Support/Resistance:$67.01 – $87.86 (Bollinger Bands)

Technical conditions suggest Electrosteel Castings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.61

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 82.10

Bearish

Overbought levels may trigger pullback.

Williams %R: -12.75

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 20.10

Strongly Bullish

Strong upside momentum.

Takeaway:Electrosteel Castings Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.32

Bullish

Bullish, trend momentum is strengthening.

ADX: 28.37

Moderate

Moderate trend, direction gaining strength.

ATR (14): 4.52

Medium

Medium volatility, healthy price movement.

CCI (14): 108.17

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Electrosteel Castings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$87.86

Middle Band (SMA 20)

$77.43

Lower Band

$67.01

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$87.66

Middle Line (EMA 20)

$78.62

Lower Channel

$69.57

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 Volume41.14M

Money Flow Index67.56Bullish, inflows support continued momentum.

Relative Vigor Index51.43Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ELECTCAST.NS shows bullish money flow, with volume and vigor supporting buyers.

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

No significant bearish signals detected.

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