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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 2023-01-24 View latest technical analysis

10 day averaged volume of Esab India is 250

Date Daily Closing Price Open High Low Volume
24 Tue Jan 2023 3860.20 3899.55 3915.10 3782.00 0.604 times
23 Mon Jan 2023 3877.70 3951.00 3959.15 3844.10 0.796 times
20 Fri Jan 2023 3940.00 3940.00 3957.10 3917.90 0.628 times
19 Thu Jan 2023 3927.80 3900.70 3940.00 3886.90 0.872 times
18 Wed Jan 2023 3879.10 3857.00 3889.00 3857.00 0.564 times
17 Tue Jan 2023 3878.40 3930.05 3933.55 3864.95 1.036 times
16 Mon Jan 2023 3937.65 3952.20 3964.30 3905.00 0.864 times
13 Fri Jan 2023 3952.30 3960.85 3980.75 3925.85 0.408 times
12 Thu Jan 2023 3915.40 3975.00 3975.00 3880.85 0.712 times
11 Wed Jan 2023 3943.15 3953.50 3961.85 3891.60 1.84 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3893.9, but if it comes above 3893.9, then a intra day buy could be more profitable.
If you take a sell trade below 3893.9, then use 3893.9 as stoploss and 3741.1 as target. However if you take a buy trade in stock , then use 3893.9 as stoploss and 4021.2 as target.

Share price targets for Esab India (EsabIndia)

Target Type Value
Downside Target 3118.40
Downside Target 3270.00
Downside Target 3748.00
Upside Target 3959.15
Upside Target 3964.30
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 3775.08
Downside Intraday Target 3689.97
Upside Intraday Target 3952.23
Upside Intraday Target 4044.27
Upside Intraday Target 3867.12

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
24 Tue Jan 2023 3860.20 3951.00 3959.15 3782.00 0.353 times
20 Fri Jan 2023 3940.00 3952.20 3964.30 3857.00 0.643 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

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
24 Tue Jan 2023 3860.20 4134.25 4304.35 3782.00 0.291 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 0.937 times
31 Mon Oct 2022 3368.60 3671.40 3769.50 3270.00 0.717 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 15, 32, 36 Sell
MACD -27, 4Sell
Stochastics 25Sell
CCI -149Sell
RSI 50Sell
OBV 323Sell
VWAP 3914Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3914.13 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

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