Munafa Electrosteel Castings Limited (ELECTCAST) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Electrosteel Castings Limited (ELECTCAST) Indicator analysis

Electrosteel Castings Limited stock tips (delivery Volume analysis)

Total 5 day volume for Electrosteel Castings Limited is 4776363, out of which 2378737 went into delivery, which is 49.8 percent of total volumes

Volumes in the last session was 1371171, out of which 707563 went into delivery, which is 51.6 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Electrosteel Castings ELECTCAST intraday stock tips

04 Wednesday March Stock tips for Electrosteel Castings Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Electrosteel Castings stays below 67.6, but if it comes above 67.6, then a intra day buy could be more profitable.
If you take a sell trade below 67.6, then use 67.6 as stoploss and 63.8 as target. However if you take a buy trade in Electrosteel Castings, then use 67.6 as stoploss and 70.73 as target.

02 Monday March Stock tips for Electrosteel Castings Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Electrosteel Castings stays below 68.5, but if it comes above 68.5, then a intra day buy could be more profitable.
If you take a sell trade below 68.5, then use 68.5 as stoploss and 65.2 as target. However if you take a buy trade in Electrosteel Castings, then use 68.5 as stoploss and 71.3 as target.

27 Friday February Stock tips for Electrosteel Castings Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.1 as stoploss in an intra day buy trade for a target of 71.67. However, stock will show a bearish move below 69.1.

26 Thursday February Stock tips for Electrosteel Castings Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.4 as stoploss in an intra day buy trade for a target of 71.94. However, stock will show a bearish move below 69.4.

25 Wednesday February Stock tips for Electrosteel Castings Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Electrosteel Castings stays below 69.6, but if it comes above 69.6, then a intra day buy could be more profitable.
If you take a sell trade below 69.6, then use 69.6 as stoploss and 66.6 as target. However if you take a buy trade in Electrosteel Castings, then use 69.6 as stoploss and 72.16 as target.

24 Tuesday February Stock tips for Electrosteel Castings Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Electrosteel Castings stays below 70.1, but if it comes above 70.1, then a intra day buy could be more profitable.
If you take a sell trade below 70.1, then use 70.1 as stoploss and 67.1 as target. However if you take a buy trade in Electrosteel Castings, then use 70.1 as stoploss and 72.5 as target.

23 Monday February Stock tips for Electrosteel Castings Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Electrosteel Castings ELECTCAST gave a large move recently.

My analysis of Electrosteel Castings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Electrosteel Castings stays below 70.5, but if it comes above 70.5, then a intra day buy could be more profitable.
If you take a sell trade below 70.5, then use 70.5 as stoploss and 67.6 as target. However if you take a buy trade in Electrosteel Castings, then use 70.5 as stoploss and 72.82 as target.

Electrosteel Castings ELECTCAST tips for tomorrow

Tomorrow's movement Prediction of Electrosteel Castings ELECTCAST appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Electrosteel Castings ELECTCAST is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 67.14

Tomorrow's movement Prediction of Electrosteel Castings ELECTCAST is strongly bearish. It has broken a strong support of 68 and is expected to move down further.

Munafa value: 10

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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