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Elecon Eng (505700) Technical (Analysis) Reports Elecon Eng ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Elecon Eng (505700)

Technical Analysis Report for BSE stock 505700 Elecon Eng. Dated: 06 Mar 2025 Updated Daily. Stock trades in BSE stock exchange

If you are looking for Tomorrow's Movement Predictions for BSE stock 505700 Elecon Eng then click here. or read Experts views on Elecon Eng or Forecast & share price targets of Elecon Eng

Elecon Eng Opened at 431.95 and Closed at: 424.25, which is 1.05% of previous session's close. It moved within a range of 422.00 and 431.95
The session was a Bearish session with an average volume of 37754, which is -27.4% of previous session's volumes.

• Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
• Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
• Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.

Support for tomorrow is 418.15 and resistance for tomorrow is 428.1
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 420.18, 416.12 resistance for tomorrow's hourly charts is 430.13, 436.02

10 Day SMA for Elecon Eng (505700) is 434.02 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Elecon Eng (505700) is 455.32 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Elecon Eng (505700) is 529.29 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 567.12 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Elecon Eng is 725.28 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Elecon Eng is at 455.32 and 200 DMA is at 725.28, while 50 DMA and 100 DMA are at 529.29 and 567.12 respectively

Elecon Eng (505700) moving average of 20 SMA is at 455.32 and 20 EMA is at 453.61

Elecon Eng (505700) moving average of 50 SMA is at 529.29 and 50 EMA is at 507.93

Elecon Eng (505700) moving average of 100 SMA is at 567.12 and 100 EMA is at 570.26

Elecon Eng (505700) moving average of 200 SMA is at 725.28 and 200 EMA is at 663.35

Elecon Eng Technical analysis of indicators

Price action analysis of Elecon Eng (505700) 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.

ADX buy sell signal for Elecon Eng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Elecon Eng in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elecon Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elecon Eng in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Elecon Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 425.82 and Elecon Eng 505700 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 Elecon Eng 505700 stock. Volume based technical analysis of Elecon Eng 505700 stock is negative.

Elecon Eng 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.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for BSE stock 505700 Elecon Eng These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 505700 Experts View which covers a lot of information including buying and selling signals

505700 future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Elecon Eng or View Candle Stick Charts here