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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 2025-02-04 View latest technical analysis

10 day averaged volume of Eimco Elecon is 24085

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	1586.00	1525.15	1590.00	1524.05	0.296 times
03 Mon Feb 2025	1511.35	1521.80	1595.00	1504.95	0.474 times
31 Fri Jan 2025	1630.20	1575.00	1662.80	1575.00	0.42 times
30 Thu Jan 2025	1571.95	1618.60	1633.45	1560.10	0.237 times
29 Wed Jan 2025	1610.10	1615.60	1703.50	1587.00	0.998 times
28 Tue Jan 2025	1607.10	1673.10	1681.95	1529.00	2.025 times
27 Mon Jan 2025	1664.35	1775.00	1787.90	1650.00	0.889 times
24 Fri Jan 2025	1759.10	1830.00	1830.00	1749.95	0.631 times
23 Thu Jan 2025	1823.30	1854.75	1873.40	1815.00	0.444 times
22 Wed Jan 2025	1854.75	1888.70	1890.00	1801.80	1.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1641.7, but if it comes above 1641.7, then a intra day buy could be more profitable.
If you take a sell trade below 1641.7, then use 1641.7 as stoploss and 1406.6 as target. However if you take a buy trade in stock , then use 1641.7 as stoploss and 1837.54 as target.

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1504.95
Upside Target	1595.00
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	2200.80
Upside Target	2289.25
Upside Target	2450.00
Upside Target	2678.00
Upside Target	2694.80
Upside Target	3395.05

Intraday share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Intraday Target	1528.97
Downside Intraday Target	1471.93
Upside Intraday Target	1619.02
Upside Intraday Target	1652.03
Downside Intraday Target	1561.98

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	1586.00	1521.80	1595.00	1504.95	0.168 times
31 Fri Jan 2025	1630.20	1775.00	1787.90	1529.00	0.87 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

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
04 Tue Feb 2025	1586.00	1521.80	1595.00	1504.95	0.05 times
31 Fri Jan 2025	1630.20	2045.30	2200.80	1529.00	1.697 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

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Eimco Elecon in short term but BUY signal is weak.

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 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 1671.74 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.