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Essar Shipping Limited

ESSARSHPNG.NS•NSE
Industrials
Marine Shipping
₹22.74
₹1.05(4.84%)
Indian Market is Open • 10:25

Essar Shipping Limited (ESSARSHPNG.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Essar Shipping Limited (NSE:ESSARSHPNG.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

ESSARSHPNG.NS Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.84)
Trend Strength:Moderate (ADX: 25.32)
Volatility:High (ATR: 1.63)
Support/Resistance:$21.59 – $26.34 (Bollinger Bands)

Technical conditions suggest Essar Shipping Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.84

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.52

Bullish
Oversold zone signals rebound potential.

Williams %R: -62.07

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.83

Strongly Bearish
Sharp downside momentum.

Takeaway:Essar Shipping Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.32

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.63

Low
Low volatility, stable price action.

CCI (14): -53.78

Bearish
Bearish, momentum remains under pressure.

Takeaway:Essar Shipping Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.34
Middle Band (SMA 20)
$23.97
Lower Band
$21.59
Current Position
Within Bands

Takeaway:Essar Shipping Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$27.21
Middle Line (EMA 20)
$23.96
Lower Channel
$20.71
Squeeze Status
Squeeze On

Takeaway:Essar Shipping Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume311.22K
Money Flow Index41.02Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ESSARSHPNG.NS shows balanced money flow with a slight bearish tilt.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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:Essar Shipping Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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