Essar Shipping Technical Analysis

Essar Shipping Ltd Technical Analysis

Essar Shipping Ltd technical analysis is gaining attention among traders and investors tracking Essar Shipping Ltd Technical Analysis trends in the Indian stock market. Essar Shipping Ltd (NSE: ESSARSHPNG, BSE: 533704) is currently trading at ₹25.79, showing a -0.46% move as of Fri, Mar 06, 2026.

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

Essar Shipping Ltd Stock Overview

Essar Shipping Ltd operates in the Transportation sector under the Other transportation industry. With a market capitalization of ₹5.34B and a PE ratio of 0, Essar Shipping Ltd remains a key stock to watch in Essar Shipping Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹5.34B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Transportation
• Industry: Other transportation

These fundamentals play an important role in Essar Shipping Ltd technical analysis and valuation tracking.

Essar Shipping Ltd Support and Resistance Levels

Classic Pivot Levels

In Essar Shipping Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 42.11
• Resistance 2: 34.92
• Resistance 1: 30.35
• Pivot Point: 27.73
• Support 1: 23.16
• Support 2: 20.54
• Support 3: 13.35

Conditional Insight

Essar Shipping Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 23.16 and 20.54.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Essar Shipping Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 34.92
• Fibonacci R2: 32.17
• Fibonacci R1: 30.47
• Fibonacci Pivot: 27.73
• Fibonacci S1: 24.98
• Fibonacci S2: 23.28
• Fibonacci S3: 20.54

Essar Shipping Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Essar Shipping Ltd Moving Average Analysis

Moving averages are key indicators in Essar Shipping Ltd technical analysis for identifying trend direction.

• 10 EMA: 25.70
• 20 EMA: 26.32
• 30 EMA: 26.56
• 50 EMA: 26.91
• 100 EMA: 27.58
• 200 EMA: 28.56

Trend Logic

Essar Shipping Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Essar Shipping Ltd technical analysis remains positive above 200 EMA.

Essar Shipping Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 44.14
• MACD: -0.59
• Signal: -0.23
• ADX: 19.13
• Momentum: -2.27

RSI Logic

Essar Shipping Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Essar Shipping Ltd technical analysis indicates bearish momentum with MACD below signal line.

Essar Shipping Ltd Overall Recommendation

• Overall Recommendation Score: -0.45
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.09

Overall Essar Shipping Ltd technical analysis sentiment remains neutral with mixed signals.

Essar Shipping Ltd Technical Analysis Conclusion

Essar Shipping Ltd technical analysis suggests that traders should closely monitor price action around ₹25.79 and key pivot level 27.73. Breakouts above resistance or breakdown below support will define the next trend in Essar Shipping Ltd technical analysis.

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