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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 2025-01-30 View latest technical analysis

10 day averaged volume of Eimco Elecon is 23301

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1571.95	1618.60	1633.45	1560.10	0.245 times
29 Wed Jan 2025	1610.10	1615.60	1703.50	1587.00	1.032 times
28 Tue Jan 2025	1607.10	1673.10	1681.95	1529.00	2.094 times
27 Mon Jan 2025	1664.35	1775.00	1787.90	1650.00	0.919 times
24 Fri Jan 2025	1759.10	1830.00	1830.00	1749.95	0.652 times
23 Thu Jan 2025	1823.30	1854.75	1873.40	1815.00	0.459 times
22 Wed Jan 2025	1854.75	1888.70	1890.00	1801.80	1.237 times
21 Tue Jan 2025	1888.70	2090.35	2116.95	1852.20	2.776 times
20 Mon Jan 2025	2080.25	2103.35	2159.95	2062.00	0.306 times
17 Fri Jan 2025	2092.90	2082.90	2115.00	2058.00	0.166 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 1531.7, for a target of 1736 or 1906.21

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1529.00
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	1471.33
Downside Intraday Target	1370.72
Upside Intraday Target	1730.23
Upside Intraday Target	1888.52
Upside Intraday Target	1629.62

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1571.95	1775.00	1787.90	1529.00	0.79 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
30 Thu Jan 2025	1571.95	2045.30	2200.80	1529.00	1.651 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, and volume has increased substantially. This means that the move can 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 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 Eimco Elecon 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1764.82 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.