(EIMCOELECO) Eimco Elecon complete technical analysis [charts+indicators] | Buy/Sell Eimco Elecon | (EIMCOELECO) share price targets
Complete technical analysis of Eimco Elecon (EIMCOELECO) by charts plus indicators, forecast predictions and share price targets for Eimco Elecon (EIMCOELECO)
Eimco Elecon trades in NSE in Industrial Machinery sector.
Showing technical analysis as on 2024-03-02 View latest technical analysis
10 day averaged volume of Eimco Elecon is 21981
Date | Daily Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 1380.60 | 1323.00 | 1380.85 | 1323.00 | 0.338 times |
01 Fri Dec 2023 | 1774.10 | 1749.95 | 1823.00 | 1701.00 | 0.965 times |
30 Thu Nov 2023 | 1706.60 | 1769.95 | 1798.50 | 1678.00 | 0.896 times |
29 Wed Nov 2023 | 1775.50 | 1809.95 | 1897.80 | 1730.50 | 3.125 times |
28 Tue Nov 2023 | 1752.55 | 1728.90 | 1752.55 | 1675.10 | 2.404 times |
24 Fri Nov 2023 | 1593.25 | 1490.00 | 1593.25 | 1471.55 | 0.761 times |
23 Thu Nov 2023 | 1448.45 | 1484.45 | 1484.50 | 1431.20 | 0.259 times |
22 Wed Nov 2023 | 1456.30 | 1490.00 | 1499.90 | 1440.00 | 0.246 times |
21 Tue Nov 2023 | 1462.95 | 1534.00 | 1539.00 | 1455.00 | 0.479 times |
20 Mon Nov 2023 | 1527.65 | 1517.00 | 1556.00 | 1517.00 | 0.382 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1416.5, but if it comes above 1416.5, then a intra day buy could be more profitable.
If you take a sell trade below 1416.5, then use 1416.5 as stoploss and 1271.4 as target. However if you take a buy trade in stock , then use 1416.5 as stoploss and 1537.36 as target.
Share price targets for Eimco Elecon (EIMCOELECO)
Target Type | Value |
Downside Target | 816.00 |
Downside Target | 864.90 |
Downside Target | 956.45 |
Downside Target | 1323.00 |
Downside Target | 1355.25 |
Upside Target | 1430.00 |
Upside Target | 1538.65 |
Upside Target | 1593.25 |
Upside Target | 1599.00 |
Upside Target | 1680.00 |
Upside Target | 1701.00 |
Upside Target | 1823.00 |
Upside Target | 1897.80 |
Intraday share price targets for Eimco Elecon (EIMCOELECO)
Target Type | Value |
Downside Intraday Target | 1169.8 |
Downside Intraday Target | 959 |
Upside Intraday Target | 1744.6 |
Upside Intraday Target | 2108.6 |
Upside Intraday Target | 1533.8 |
Weekly technical analysis of Eimco Elecon (EIMCOELECO)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 1380.60 | 1728.90 | 1897.80 | 1323.00 | 3.634 times |
24 Fri Nov 2023 | 1593.25 | 1517.00 | 1593.25 | 1431.20 | 0.602 times |
17 Fri Nov 2023 | 1534.75 | 1430.00 | 1599.00 | 1430.00 | 0.952 times |
10 Fri Nov 2023 | 1427.90 | 1439.00 | 1548.00 | 1379.00 | 0.744 times |
03 Fri Nov 2023 | 1373.25 | 1357.00 | 1538.65 | 1323.00 | 1.138 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eimco Elecon (EIMCOELECO)
Date | Monthly Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 1380.60 | 1323.00 | 1380.85 | 1323.00 | 0.35 times |
01 Fri Dec 2023 | 1774.10 | 1749.95 | 1823.00 | 1701.00 | 0.055 times |
30 Thu Nov 2023 | 1706.60 | 1475.00 | 1897.80 | 1355.25 | 0.337 times |
31 Tue Oct 2023 | 1448.05 | 902.00 | 1680.00 | 864.90 | 11.506 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 Eimco Elecon (EIMCOELECO)
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon ( (EIMCOELECO) ) based on a short 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.
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) based on a short to mid 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.
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eimco Elecon in short term but the sell signal is initial and weak.
Eimco Elecon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 Eimco Elecon in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Eimco Elecon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1694.54 and Eimco Elecon (EIMCOELECO) 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 Eimco Elecon (EIMCOELECO) stock. Volume based technical analysis of Eimco Elecon (EIMCOELECO) stock is negative.
Eimco Elecon 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.
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon ( (EIMCOELECO) ) based on a short 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.
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) based on a short to mid 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.
Price action analysis of Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eimco Elecon in short term but the sell signal is initial and weak.
Eimco Elecon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 Eimco Elecon in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Eimco Elecon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1694.54 and Eimco Elecon (EIMCOELECO) 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 Eimco Elecon (EIMCOELECO) stock. Volume based technical analysis of Eimco Elecon (EIMCOELECO) stock is negative.
Eimco Elecon 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 Eimco Elecon charts
Click here for further forecast and predictions for tomorrow
Daily charts
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