523708 NEWS why is Eimco Elecon price falling or rising

523708 NEWS reasons for why stock price of Eimco Elecon is falling or rising

523708 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 523708 at this time. Stock is rising and might rise more.

It appears as if Eimco Elecon 523708 gave a large move recently.

Stock of Eimco Elecon (523708) 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!

Although my analysis for Eimco Elecon is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2238.6, for a target of 2015.7 or 1829.93

523708 Eimco Elecon is falling or rising NEWS fundamental reasons

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

More announcements and NEWS

523708 Eimco Elecon current price & indicator signals

Moving Averages for Eimco Elecon

  • 5Day Average: 2055.64
  • 12Day Average: 1899.11
  • 20Day Average: 1797.63
  • 50Day Average: 1562.51
  • 100Day Average: 1595.18
  • 150Day Average: 1494.78
  • 200Day Average: 1313.12

523708 Indicators & signals

Indicator MACD (12,26,9)

1925.79, 1778.15, 114.81
Indicator MACD is in positive zone

Indicator ADX (14)

47.61, 34.57, 12.27
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 523708 Eimco Elecon are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 2158.05 1995.00 to 2158.05 5% 0.26 times
24 Wed Apr 2024 2055.30 2014.95 to 2193.00 -3.1% 2.34 times
23 Tue Apr 2024 2121.00 2050.10 to 2121.00 5% 2.03 times
22 Mon Apr 2024 2020.00 2020.00 to 2020.00 5% 0.39 times
19 Fri Apr 2024 1923.85 1923.85 to 1923.85 5% 0.72 times
18 Thu Apr 2024 1832.25 1676.05 to 1832.25 5% 1.24 times
16 Tue Apr 2024 1745.00 1635.00 to 1769.00 1.75% 0.66 times
15 Mon Apr 2024 1715.00 1670.05 to 1760.00 -2.44% 1 times
12 Fri Apr 2024 1757.90 1751.00 to 1809.00 -3.17% 0.3 times
10 Wed Apr 2024 1815.50 1734.00 to 1816.00 -0.37% 1.06 times
09 Tue Apr 2024 1822.30 1732.05 to 1849.00 -0.05% 0.25 times
08 Mon Apr 2024 1823.20 1807.40 to 1899.00 -1.26% 0.38 times

Videos related to: 523708 NEWS why is Eimco Elecon price falling or rising

Videos related to: 523708 NEWS why is Eimco Elecon price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

523708 NEWS why is Eimco Elecon price falling or rising

 

Back to top