logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EsabIndia) Esab India complete technical analysis [charts+indicators] | Buy/Sell Esab India | (EsabIndia) share price targets

Complete technical analysis of Esab India (EsabIndia) by charts plus indicators, forecast predictions and share price targets for Esab India (EsabIndia)

Showing technical analysis as on 2021-06-09 View latest technical analysis

10 day averaged volume of Esab India is 1144

Date Daily Closing Price Open High Low Volume
09 Wed Jun 2021 1791.40 1835.00 1835.00 1764.00 1.125 times
08 Tue Jun 2021 1831.95 1830.40 1839.45 1810.00 0.206 times
07 Mon Jun 2021 1827.55 1851.85 1851.85 1821.35 0.526 times
04 Fri Jun 2021 1828.10 1815.90 1843.00 1803.00 0.418 times
03 Thu Jun 2021 1815.40 1833.20 1851.00 1806.05 1.947 times
02 Wed Jun 2021 1823.80 1821.50 1836.80 1806.20 0.227 times
01 Tue Jun 2021 1819.20 1870.00 1870.00 1805.00 0.419 times
31 Mon May 2021 1837.90 1818.85 1900.00 1800.00 1.41 times
28 Fri May 2021 1805.85 1832.00 1875.00 1801.55 0.685 times
27 Thu May 2021 1835.30 1835.00 1849.55 1826.70 0.591 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1796.2, but if it comes above 1796.2, then a intra day buy could be more profitable.
If you take a sell trade below 1796.2, then use 1796.2 as stoploss and 1763.8 as target. However if you take a buy trade in stock , then use 1796.2 as stoploss and 1823.2 as target.

Share price targets for Esab India (EsabIndia)

Target Type Value
Downside Target 1723.60
Upside Target 1851.85
Upside Target 1870.00
Upside Target 1900.00
Upside Target 1925.05
Upside Target 1948.95
Upside Target 1964.00
Upside Target 2120.00

Intraday share price targets for Esab India (EsabIndia)

Target Type Value
Downside Intraday Target 1752.98
Downside Intraday Target 1714.57
Upside Intraday Target 1840.83
Upside Intraday Target 1890.27
Upside Intraday Target 1802.42

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
09 Wed Jun 2021 1791.40 1851.85 1851.85 1764.00 0.42 times
04 Fri Jun 2021 1828.10 1818.85 1900.00 1800.00 0.507 times
28 Fri May 2021 1805.85 1900.00 1900.00 1801.55 2.6 times
21 Fri May 2021 1887.15 1791.00 1925.05 1775.00 2.279 times
14 Fri May 2021 1788.75 1806.45 1820.00 1775.00 0.682 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Esab India (EsabIndia)

Date Monthly Closing Price Open High Low Volume
09 Wed Jun 2021 1791.40 1870.00 1870.00 1764.00 0.285 times
31 Mon May 2021 1837.90 1775.05 1925.05 1761.65 1.455 times
30 Fri Apr 2021 1783.80 1823.65 1964.00 1750.00 0.515 times
31 Wed Mar 2021 1794.50 1900.00 1948.95 1766.00 0.087 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Esab India (EsabIndia)

Indicator Name Indicator Value Indicator Signal
ADX 17, 15, 5 Buy
MACD -3, 1Sell
Stochastics 27Sell
CCI -250Sell
RSI 47Sell
OBV -2598Sell
VWAP 1819Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Esab India ( (EsabIndia) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Esab India ( (EsabIndia) ) based on a mid to longer term time period is

ADX buy sell signal for Esab India stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Esab India in short term and the sell signal is strong.

Esab India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Esab India in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Esab India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1819.18 and Esab India (EsabIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Esab India (EsabIndia) stock. Volume based technical analysis of Esab India (EsabIndia) stock is negative.

Esab India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Esab India charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme