Electrosteel Castings Technical Analysis

Electrosteel Castings Ltd Technical Analysis

Electrosteel Castings Ltd technical analysis is gaining attention among traders and investors tracking Electrosteel Castings Ltd Technical Analysis trends in the Indian stock market. Electrosteel Castings Ltd (NSE: ELECTCAST, BSE: 500128) is currently trading at ₹75.62, showing a 19.99% move as of Thu, Mar 12, 2026.

This detailed Electrosteel Castings Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Electrosteel Castings Ltd Stock Overview

Electrosteel Castings Ltd operates in the Non-energy minerals sector under the Steel industry. With a market capitalization of ₹38.95B and a PE ratio of 14.90, Electrosteel Castings Ltd remains a key stock to watch in Electrosteel Castings Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹38.95B
• PE Ratio: 14.90
• Dividend Yield: 2.18
• Sector: Non-energy minerals
• Industry: Steel

These fundamentals play an important role in Electrosteel Castings Ltd technical analysis and valuation tracking.

Electrosteel Castings Ltd Support and Resistance Levels

Classic Pivot Levels

In Electrosteel Castings Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 95.63
• Resistance 2: 83.94
• Resistance 1: 76.53
• Pivot Point: 72.25
• Support 1: 64.84
• Support 2: 60.56
• Support 3: 48.87

Conditional Insight

Electrosteel Castings Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 64.84 and 60.56.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Electrosteel Castings Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 83.94
• Fibonacci R2: 79.47
• Fibonacci R1: 76.72
• Fibonacci Pivot: 72.25
• Fibonacci S1: 67.78
• Fibonacci S2: 65.03
• Fibonacci S3: 60.56

Electrosteel Castings Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Electrosteel Castings Ltd Moving Average Analysis

Moving averages are key indicators in Electrosteel Castings Ltd technical analysis for identifying trend direction.

• 10 EMA: 69.63
• 20 EMA: 69.83
• 30 EMA: 70.50
• 50 EMA: 72.08
• 100 EMA: 77.48
• 200 EMA: 89.21

Trend Logic

Electrosteel Castings Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Electrosteel Castings Ltd technical analysis remains positive above 200 EMA.

Electrosteel Castings Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 64.63
• MACD: -0.70
• Signal: -1.55
• ADX: 25.04
• Momentum: 10.29

RSI Logic

Electrosteel Castings Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Electrosteel Castings Ltd technical analysis indicates bearish momentum with MACD below signal line.

Electrosteel Castings Ltd Overall Recommendation

• Overall Recommendation Score: 0.42
• Moving Average Recommendation: 0.67
• Other Indicators Recommendation: 0.18

Overall Electrosteel Castings Ltd technical analysis sentiment remains neutral with mixed signals.

Electrosteel Castings Ltd Technical Analysis Conclusion

Electrosteel Castings Ltd technical analysis suggests that traders should closely monitor price action around ₹75.62 and key pivot level 72.25. Breakouts above resistance or breakdown below support will define the next trend in Electrosteel Castings Ltd technical analysis.

Investors searching for Electrosteel Castings Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Electrosteel Castings Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.