Stock analysis Eldeco Hsg & Ind Ltd. ELDEHSG
Recent prices of ELDEHSG Eldeco Hsg & Ind Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Eldeco Hsg & Ind Ltd. 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 Eldeco Hsg & Ind Ltd. ELDEHSG at this time. Stock is falling and might fall more.
It appears as if Eldeco Hsg & Ind Ltd. ELDEHSG gave a large move recently.
Stock of Eldeco Hsg & Ind Ltd. (ELDEHSG) 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.
My analysis of Eldeco Hsg & Ind Ltd. is bearish for shortterm, and stock might move down till 710.9 or till 701.6. Use a stoploss of 718.7 and if the stock hits stoploss, then it can shoot up till 726.47