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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 2023-01-16 View latest technical analysis

10 day averaged volume of Esab India is 331

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	3937.65	3952.20	3964.30	3905.00	0.653 times
13 Fri Jan 2023	3952.30	3960.85	3980.75	3925.85	0.308 times
12 Thu Jan 2023	3915.40	3975.00	3975.00	3880.85	0.538 times
11 Wed Jan 2023	3943.15	3953.50	3961.85	3891.60	1.39 times
10 Tue Jan 2023	3948.20	4171.95	4171.95	3940.00	1.725 times
09 Mon Jan 2023	4101.20	4173.05	4173.05	4042.80	0.695 times
06 Fri Jan 2023	4143.20	4187.45	4202.35	4134.45	0.13 times
05 Thu Jan 2023	4195.85	4194.45	4288.85	4178.15	3.024 times
04 Wed Jan 2023	4167.75	4248.50	4289.60	4142.00	0.87 times
03 Tue Jan 2023	4255.60	4210.05	4304.35	4182.05	1.021 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3940.1, but if it comes above 3940.1, then a intra day buy could be more profitable.
If you take a sell trade below 3940.1, then use 3940.1 as stoploss and 3795.1 as target. However if you take a buy trade in stock , then use 3940.1 as stoploss and 4060.9 as target.

Share price targets for Esab India (EsabIndia)

Target Type	Value
Downside Target	3118.40
Downside Target	3270.00
Downside Target	3748.00
Downside Target	3880.85
Upside Target	4134.25
Upside Target	4166.35
Upside Target	4173.05
Upside Target	4203.35
Upside Target	4300.00
Upside Target	4304.35

Intraday share price targets for Esab India (EsabIndia)

Target Type	Value
Downside Intraday Target	3907
Downside Intraday Target	3876.35
Upside Intraday Target	3966.3
Upside Intraday Target	3994.95
Downside Intraday Target	3935.65

Weekly technical analysis of Esab India (EsabIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	3937.65	3952.20	3964.30	3905.00	0.14 times
13 Fri Jan 2023	3952.30	4173.05	4173.05	3880.85	0.873 times
06 Fri Jan 2023	4143.20	4134.25	4304.35	4134.25	0.88 times
30 Fri Dec 2022	4124.40	3766.70	4166.35	3766.70	0.764 times
23 Fri Dec 2022	3792.10	4100.00	4300.00	3761.50	0.908 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
16 Mon Jan 2023	3937.65	4134.25	4304.35	3880.85	0.221 times
30 Fri Dec 2022	4124.40	4135.00	4300.00	3761.50	1.94 times
30 Wed Nov 2022	4150.65	3334.20	4203.35	3334.20	0.819 times
31 Mon Oct 2022	3368.60	3671.40	3769.50	3270.00	0.82 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)

Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Esab India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Esab India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4079.1 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.