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(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 2021-06-11 View latest technical analysis

10 day averaged volume of Esab India is 841

Date Daily Closing Price Open High Low Volume
11 Fri Jun 2021 1797.85 1830.00 1843.00 1788.00 2.069 times
10 Thu Jun 2021 1819.95 1791.00 1829.90 1791.00 0.526 times
09 Wed Jun 2021 1791.40 1835.00 1835.00 1764.00 1.53 times
08 Tue Jun 2021 1831.95 1830.40 1839.45 1810.00 0.281 times
07 Mon Jun 2021 1827.55 1851.85 1851.85 1821.35 0.716 times
04 Fri Jun 2021 1828.10 1815.90 1843.00 1803.00 0.568 times
03 Thu Jun 2021 1815.40 1833.20 1851.00 1806.05 2.648 times
02 Wed Jun 2021 1823.80 1821.50 1836.80 1806.20 0.309 times
01 Tue Jun 2021 1819.20 1870.00 1870.00 1805.00 0.57 times
31 Mon May 2021 1837.90 1818.85 1900.00 1800.00 1.918 times

Stock of Esab India (EsabIndia) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1801.3, but if it comes above 1801.3, then a intra day buy could be more profitable.
If you take a sell trade below 1801.3, then use 1801.3 as stoploss and 1772 as target. However if you take a buy trade in stock , then use 1801.3 as stoploss and 1825.71 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 1757.28
Downside Intraday Target 1716.72
Upside Intraday Target 1845.13
Upside Intraday Target 1892.42
Upside Intraday Target 1804.57

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
11 Fri Jun 2021 1797.85 1851.85 1851.85 1764.00 0.852 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
11 Fri Jun 2021 1797.85 1870.00 1870.00 1764.00 0.396 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 16, 12, 13 Buy
MACD -6, -1Sell
Stochastics 29Sell
CCI -90Sell
RSI 48Sell
OBV -3498Sell
VWAP 1815Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 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 gaining 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 1815.2 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.

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Daily charts

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