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.

Showing technical analysis as on 2025-01-13 View latest technical analysis

10 day averaged volume of Eimco Elecon is 10844

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	1964.45	1996.30	1996.30	1952.00	1.505 times
10 Fri Jan 2025	1996.30	2030.00	2032.00	1990.00	1.135 times
09 Thu Jan 2025	2025.65	2004.30	2067.85	2000.00	0.483 times
08 Wed Jan 2025	2022.70	1992.20	2050.90	1991.60	0.767 times
07 Tue Jan 2025	2009.40	1961.55	2071.95	1933.00	2.17 times
06 Mon Jan 2025	2006.95	2084.00	2091.05	1980.20	0.843 times
03 Fri Jan 2025	2084.60	2075.00	2131.45	2058.00	0.404 times
02 Thu Jan 2025	2074.85	2103.15	2200.80	2032.65	1.559 times
01 Wed Jan 2025	2095.15	2045.30	2129.45	2043.20	0.633 times
31 Tue Dec 2024	2034.55	2057.50	2070.00	2025.00	0.889 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1983.7, but if it comes above 1983.7, then a intra day buy could be more profitable.
If you take a sell trade below 1983.7, then use 1983.7 as stoploss and 1808.2 as target. However if you take a buy trade in stock , then use 1983.7 as stoploss and 2129.93 as target.

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1933.00
Upside Target	1996.30
Upside Target	2191.55
Upside Target	2246.45
Upside Target	2289.25
Upside Target	2450.00
Upside Target	2588.95
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	1945.53
Downside Intraday Target	1926.62
Upside Intraday Target	1989.83
Upside Intraday Target	2015.22
Upside Intraday Target	1970.92

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	1964.45	1996.30	1996.30	1952.00	0.279 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
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

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
13 Mon Jan 2025	1964.45	2045.30	2200.80	1933.00	0.468 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 BUY signal in short term and the buying is gaining 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 2023.12 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.