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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 2025-02-28 View latest technical analysis

10 day averaged volume of Eimco Elecon is 6580

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	1449.05	1455.80	1485.90	1426.00	1.036 times
27 Thu Feb 2025	1477.95	1492.20	1492.20	1452.00	0.88 times
25 Tue Feb 2025	1495.90	1496.00	1533.40	1490.05	0.439 times
24 Mon Feb 2025	1518.80	1483.00	1535.00	1438.70	0.567 times
21 Fri Feb 2025	1503.90	1510.00	1563.20	1482.45	0.784 times
20 Thu Feb 2025	1521.20	1436.30	1533.00	1435.25	1.105 times
19 Wed Feb 2025	1458.15	1374.95	1471.20	1360.90	3.069 times
18 Tue Feb 2025	1377.35	1403.95	1429.95	1370.00	0.806 times
17 Mon Feb 2025	1418.55	1482.00	1482.20	1389.95	1.361 times
14 Fri Feb 2025	1479.10	1522.30	1522.30	1476.00	0.472 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1451.9, but if it comes above 1451.9, then a intra day buy could be more profitable.
If you take a sell trade below 1451.9, then use 1451.9 as stoploss and 1354.2 as target. However if you take a buy trade in stock , then use 1451.9 as stoploss and 1533.35 as target.

Share price targets for Eimco Elecon (EIMCOELECO)

Target Type	Value
Downside Target	1360.90
Downside Target	1426.00
Upside Target	1468.90
Upside Target	1504.95
Upside Target	1680.45
Upside Target	1787.90
Upside Target	2025.00
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	1405.03
Downside Intraday Target	1361.02
Upside Intraday Target	1514.03
Upside Intraday Target	1579.02
Upside Intraday Target	1470.02

Weekly technical analysis of Eimco Elecon (EIMCOELECO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	1449.05	1483.00	1535.00	1426.00	0.41 times
21 Fri Feb 2025	1503.90	1482.00	1563.20	1360.90	1.387 times
14 Fri Feb 2025	1479.10	1666.15	1700.25	1468.90	0.944 times
07 Fri Feb 2025	1660.70	1521.80	1680.45	1504.95	0.325 times
31 Fri Jan 2025	1630.20	1775.00	1787.90	1529.00	0.87 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
28 Fri Feb 2025	1449.05	1521.80	1700.25	1360.90	0.363 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 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 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 BUY signal for Eimco Elecon in short term but the buy signal is initial and weak.

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 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 1463.42 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.