EIMCOELECO NEWS why is Eimco Elecon (india) Limited price falling or rising

EIMCOELECO NEWS reasons for why stock price of Eimco Elecon (india) Limited is falling or rising

EIMCOELECO Eimco Elecon is falling or rising technical reasons

Technical analysis forecast of Eimco Elecon Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Eimco Elecon EIMCOELECO at this time. Stock is rising and might rise more.

It appears as if Eimco Elecon EIMCOELECO gave a large move recently.

Stock of Eimco Elecon (EIMCOELECO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Eimco Elecon is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eimco Elecon stays above 1747.9, but if it comes below 1747.9, then a intra day sell could be more profitable.
If you take a sell trade below 1747.9, then use 1747.9 as stoploss and 1607.63 as target. However if you take a buy trade in Eimco Elecon, then use 1747.9 as stoploss and 1916.2 as target.

EIMCOELECO Eimco Elecon is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-19

Eimco Elecon Consolidated March 2024 Net Sales at Rs 84.30 crore, up 31.24% Y-o-Y NULL - NEWS as on 2024-04-19 moneycontrol.com

Board Meeting to discuss Financial Results/Dividend/Other business matters To consider and approve the financial results for the period ended March 31, 2024, dividend and other business matters - NEWS as on 2024-04-09

Company Announcement Eimco Elecon (India) Limited has informed the Exchange about Credit Rating - NEWS as on 2024-04-04

Company Announcement Eimco Elecon (India) Limited has informed the Exchange regarding 'Update on pendency of litigation(s) of the Company'. - NEWS as on 2024-04-03

Company Announcement Eimco Elecon (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-03-28

Company Announcement Eimco Elecon (India) Limited has informed the Exchange regarding 'Update on pendency of litigation(s) of the Company '. - NEWS as on 2024-03-21

Company Announcement Eimco Elecon (India) Limited has informed the Exchange regarding 'Intimation of Reconstitution of Audit Committee and Nomination and Remuneration Committee under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-03-20

More announcements and NEWS

EIMCOELECO Eimco Elecon (india) Limited current price & indicator signals

Moving Averages for Eimco Elecon (india) Limited

  • 5Day Average: 1769.66
  • 12Day Average: 1621.55
  • 20Day Average: 1549.65
  • 50Day Average: 1516.43
  • 100Day Average: 1204.68
  • 150Day Average: 925.27
  • 200Day Average: 795.69

EIMCOELECO Indicators & signals

Indicator MACD (12,26,9)

1664.5, 1579.72, 46.91
Indicator MACD is in positive zone

Indicator ADX (14)

56.85, 35.92, 9.88
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

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
08 Mon Apr 2024 1826.30 1807.95 to 1918.95 -1.48% 0.49 times
05 Fri Apr 2024 1853.70 1750.00 to 1900.00 3.78% 1.23 times
04 Thu Apr 2024 1786.15 1681.95 to 1848.00 0.82% 1.64 times
03 Wed Apr 2024 1771.60 1630.00 to 1771.60 10% 3.24 times
02 Tue Apr 2024 1610.55 1580.00 to 1631.00 1.95% 0.51 times
01 Mon Apr 2024 1579.80 1539.20 to 1595.95 3.38% 0.58 times
28 Thu Mar 2024 1528.15 1480.80 to 1580.00 0.37% 0.71 times
27 Wed Mar 2024 1522.45 1501.00 to 1544.95 1.06% 0.52 times
26 Tue Mar 2024 1506.50 1489.45 to 1544.50 -0.08% 0.43 times
22 Fri Mar 2024 1507.70 1482.10 to 1547.50 0.32% 0.71 times
21 Thu Mar 2024 1502.85 1482.95 to 1524.90 2.74% 0.42 times
20 Wed Mar 2024 1462.80 1450.00 to 1502.85 -1.9% 0.23 times

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EIMCOELECO NEWS why is Eimco Elecon (india) Limited price falling or rising

 

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