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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 2025-01-27 View latest technical analysis

10 day averaged volume of Eimco Elecon is 17677

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	1664.35	1775.00	1787.90	1650.00	1.211 times
24 Fri Jan 2025	1759.10	1830.00	1830.00	1749.95	0.86 times
23 Thu Jan 2025	1823.30	1854.75	1873.40	1815.00	0.605 times
22 Wed Jan 2025	1854.75	1888.70	1890.00	1801.80	1.631 times
21 Tue Jan 2025	1888.70	2090.35	2116.95	1852.20	3.659 times
20 Mon Jan 2025	2080.25	2103.35	2159.95	2062.00	0.404 times
17 Fri Jan 2025	2092.90	2082.90	2115.00	2058.00	0.219 times
16 Thu Jan 2025	2071.95	2008.70	2113.00	2000.00	0.474 times
15 Wed Jan 2025	2010.65	1978.80	2100.00	1978.35	0.768 times
14 Tue Jan 2025	1979.10	1974.80	2000.00	1944.05	0.458 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1720.8, for a target of 1860.5 or 1976.98

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1650.00
Upside Target	1749.95
Upside Target	1787.90
Upside Target	1933.00
Upside Target	2025.00
Upside Target	2091.05
Upside Target	2159.95
Upside Target	2289.25
Upside Target	2450.00
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	1613.6
Downside Intraday Target	1562.85
Upside Intraday Target	1751.5
Upside Intraday Target	1838.65
Upside Intraday Target	1700.75

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	1664.35	1775.00	1787.90	1650.00	0.169 times
24 Fri Jan 2025	1759.10	2103.35	2159.95	1749.95	2.519 times
17 Fri Jan 2025	2092.90	1996.30	2115.00	1944.05	0.858 times
10 Fri Jan 2025	1996.30	2084.00	2091.05	1933.00	1.173 times
03 Fri Jan 2025	2084.60	2162.20	2200.80	2025.00	1.127 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
27 Mon Jan 2025	1664.35	2045.30	2200.80	1650.00	1.294 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 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 getting stronger in this stock.

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 Eimco Elecon 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 positive zone. This is a BUY 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 1875.66 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.