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(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 2025-01-07 View latest technical analysis

10 day averaged volume of Eimco Elecon is 10332

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	2009.40	1961.55	2071.95	1933.00	2.277 times
06 Mon Jan 2025	2006.95	2084.00	2091.05	1980.20	0.885 times
03 Fri Jan 2025	2084.60	2075.00	2131.45	2058.00	0.424 times
02 Thu Jan 2025	2074.85	2103.15	2200.80	2032.65	1.636 times
01 Wed Jan 2025	2095.15	2045.30	2129.45	2043.20	0.665 times
31 Tue Dec 2024	2034.55	2057.50	2070.00	2025.00	0.933 times
30 Mon Dec 2024	2063.00	2162.20	2176.45	2049.00	1.172 times
27 Fri Dec 2024	2155.80	2100.00	2165.95	2061.05	0.943 times
26 Thu Dec 2024	2089.15	2126.20	2160.05	2071.55	0.777 times
24 Tue Dec 2024	2115.10	2143.20	2159.45	2091.55	0.938 times

Stock of Eimco Elecon (EIMCOELECO) has showed a significant upmove. This could be a good time to enter in 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 2040.5, but if it comes above 2040.5, then a intra day buy could be more profitable.
If you take a sell trade below 2040.5, then use 2040.5 as stoploss and 1816.7 as target. However if you take a buy trade in stock , then use 2040.5 as stoploss and 2227.04 as target.

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1933.00
Upside Target	2025.00
Upside Target	2191.55
Upside Target	2246.45
Upside Target	2351.55
Upside Target	2450.00
Upside Target	2588.95
Upside Target	2593.80
Upside Target	2678.00
Upside Target	2694.80
Upside Target	2801.55
Upside Target	3222.10
Upside Target	3395.05

Intraday share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Intraday Target	1931.25
Downside Intraday Target	1853.1
Upside Intraday Target	2089.3
Upside Intraday Target	2169.2
Upside Intraday Target	2011.15

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	2009.40	2084.00	2091.05	1933.00	0.655 times
03 Fri Jan 2025	2084.60	2162.20	2200.80	2025.00	1.127 times
27 Fri Dec 2024	2155.80	2206.00	2246.45	2061.05	0.496 times
20 Fri Dec 2024	2205.40	2381.20	2588.95	2191.55	3.552 times
13 Fri Dec 2024	2403.00	2574.30	2593.80	2351.55	0.632 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 Eimco Elecon (EIMCOELECO)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	2009.40	2045.30	2200.80	1933.00	0.276 times
31 Tue Dec 2024	2034.55	2511.10	2678.00	2025.00	2.009 times
29 Fri Nov 2024	2511.10	2606.10	2694.80	2289.25	0.522 times
31 Thu Oct 2024	2609.15	2958.90	3395.05	2450.00	3.68 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 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 Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon ( (EIMCOELECO) ) 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 Eimco Elecon ( (EIMCOELECO) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Eimco Elecon in short term and the sell signal is strong.

Eimco Elecon 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 moving up

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

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

Stock of Eimco Elecon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2063.8 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.