Stock analysis Eimco Elecon (India) Limited EIMCOELECO
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Recent prices of EIMCOELECO Eimco Elecon (India) Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Jan 2025 | 1888.70 | 1852.20 to 2116.95 | -9.21% | 6.5 times |
| 20 Mon Jan 2025 | 2080.25 | 2062.00 to 2159.95 | -0.6% | 0.72 times |
| 17 Fri Jan 2025 | 2092.90 | 2058.00 to 2115.00 | 1.01% | 0.39 times |
| 16 Thu Jan 2025 | 2071.95 | 2000.00 to 2113.00 | 3.05% | 0.84 times |
| 15 Wed Jan 2025 | 2010.65 | 1978.35 to 2100.00 | 1.59% | 1.36 times |
| 14 Tue Jan 2025 | 1979.10 | 1944.05 to 2000.00 | 0.75% | 0.81 times |
| 13 Mon Jan 2025 | 1964.45 | 1952.00 to 1996.30 | 0% | 1.64 times |
| 13 Mon Jan 2025 | 1964.45 | 1952.00 to 1996.30 | -1.6% | 1.64 times |
| 10 Fri Jan 2025 | 1996.30 | 1990.00 to 2032.00 | -1.45% | 1.24 times |
| 09 Thu Jan 2025 | 2025.65 | 2000.00 to 2067.85 | 0.15% | 0.53 times |
| 08 Wed Jan 2025 | 2022.70 | 1991.60 to 2050.90 | 0.66% | 0.84 times |
| 07 Tue Jan 2025 | 2009.40 | 1933.00 to 2071.95 | 0.12% | 2.36 times |
Technical analysis forecast for Eimco Elecon (India) Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Eimco Elecon (India) Limited EIMCOELECO at this time. Stock is falling and might fall more.
It appears as if Eimco Elecon (India) Limited EIMCOELECO gave a large move recently.
Stock of Eimco Elecon (India) Limited (EIMCOELECO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Eimco Elecon (India) Limited 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 1937.2, for a target of 2008.7 or 2068.3