Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Eimco Elecon is 21182

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	1774.10	1749.95	1823.00	1701.00	1.001 times
30 Thu Nov 2023	1706.60	1769.95	1798.50	1678.00	0.93 times
29 Wed Nov 2023	1775.50	1809.95	1897.80	1730.50	3.243 times
28 Tue Nov 2023	1752.55	1728.90	1752.55	1675.10	2.495 times
24 Fri Nov 2023	1593.25	1490.00	1593.25	1471.55	0.79 times
23 Thu Nov 2023	1448.45	1484.45	1484.50	1431.20	0.269 times
22 Wed Nov 2023	1456.30	1490.00	1499.90	1440.00	0.255 times
21 Tue Nov 2023	1462.95	1534.00	1539.00	1455.00	0.497 times
20 Mon Nov 2023	1527.65	1517.00	1556.00	1517.00	0.396 times
17 Fri Nov 2023	1534.75	1545.00	1579.45	1509.60	0.501 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1804, for a target of 1658.4 or 1536.99

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	557.15
Downside Target	699.90
Downside Target	816.00
Downside Target	864.90
Downside Target	956.45
Downside Target	1323.00
Downside Target	1355.25
Downside Target	1430.00
Downside Target	1538.65
Downside Target	1593.25
Downside Target	1675.10
Downside 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	1666.87
Downside Intraday Target	1559.63
Upside Intraday Target	1889.57
Upside Intraday Target	2005.03
Upside Intraday Target	1782.33

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	1774.10	1728.90	1897.80	1675.10	3.475 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 up 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
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	10.55 times
29 Fri Sep 2023	901.10	940.00	956.45	816.00	0.167 times

Scroll below to view daily charts

Price has moved up 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eimco Elecon in short term and the buy signal is strong.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Eimco Elecon in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1697.42 and Eimco Elecon (EIMCOELECO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.