Munafa Elecon Engineering Company Limited (ELECON) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Elecon Engineering Company Limited (ELECON) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Elecon Engineering Company Limited intraday tips for today and tomorrow
Elecon Engineering Company Limited (ELECON) Indicator analysis
Recent prices of ELECON Elecon Engineering Company Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
26 Tue Nov 2024 | 570.95 | 556.00 to 576.30 | -4.07% | 2.68 times |
25 Mon Nov 2024 | 595.15 | 565.90 to 602.00 | 6.1% | 1.2 times |
22 Fri Nov 2024 | 560.95 | 549.05 to 566.25 | -0.69% | 0.91 times |
21 Thu Nov 2024 | 564.85 | 548.15 to 573.10 | -1.44% | 0.82 times |
19 Tue Nov 2024 | 573.10 | 543.80 to 581.95 | 4.57% | 1.28 times |
18 Mon Nov 2024 | 548.05 | 537.45 to 557.00 | -1.87% | 0.89 times |
14 Thu Nov 2024 | 558.50 | 530.15 to 560.40 | 2.7% | 1.18 times |
13 Wed Nov 2024 | 543.80 | 536.95 to 568.65 | -2.46% | 1.5 times |
12 Tue Nov 2024 | 557.50 | 552.50 to 577.00 | -2.83% | 0.72 times |
11 Mon Nov 2024 | 573.75 | 555.05 to 576.00 | 0.38% | 0.79 times |
08 Fri Nov 2024 | 571.60 | 568.00 to 592.75 | -3.72% | 0.71 times |
07 Thu Nov 2024 | 593.70 | 586.30 to 610.75 | -2.79% | 1.53 times |
Elecon Engineering Company Limited stock tips (delivery Volume analysis)
Total 5 day volume for Elecon Engineering Company Limited is 1891139, out of which 800663 went into delivery, which is 42.34 percent of total volumes
Volumes in the last session was 445751, out of which 257031 went into delivery, which is 57.66 percent of total volumes.
Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.
Elecon Engineering ELECON intraday stock tips
26 Tuesday November Stock tips for Elecon Engineering Stock 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.
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bearish for shortterm, and stock might move down till 562.2 or till 541.8. Use a stoploss of 579.17 and if the stock hits stoploss, then it can shoot up till 596.17
25 Monday November Stock tips for Elecon Engineering (ELECON) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 598.2 as stoploss in an intra day sell trade for a target of 580.04. However, stock will show a bullish move above 598.2.
22 Friday November Stock tips for Elecon Engineering Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elecon Engineering stays below 561.1, but if it comes above 561.1, then a intra day buy could be more profitable.
If you take a sell trade below 561.1, then use 561.1 as stoploss and 540.3 as target. However if you take a buy trade in Elecon Engineering, then use 561.1 as stoploss and 578.45 as target.
21 Thursday November Stock tips for Elecon Engineering Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 561.8 as stoploss in an intra day buy trade for a target of 580.29. However, stock will show a bearish move below 561.8.
19 Tuesday November Stock tips for Elecon Engineering Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bearish for shortterm, and stock might move down till 563 or till 540.3. Use a stoploss of 581.92 and if the stock hits stoploss, then it can shoot up till 600.83
18 Monday November Stock tips for Elecon Engineering Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Elecon Engineering ELECON gave a large move recently.
Although my analysis for Elecon Engineering 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 539.8, for a target of 563.3 or 582.85
14 Thursday November Stock tips for Elecon Engineering Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Elecon Engineering ELECON gave a large move recently.
My analysis of Elecon Engineering is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elecon Engineering stays below 564.5, but if it comes above 564.5, then a intra day buy could be more profitable.
If you take a sell trade below 564.5, then use 564.5 as stoploss and 538.1 as target. However if you take a buy trade in Elecon Engineering, then use 564.5 as stoploss and 586.51 as target.
Elecon Engineering ELECON tips for tomorrow
Tomorrow's movement Prediction of Elecon Engineering ELECON appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.
Tomorrow's movement Prediction of Elecon Engineering ELECON is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.
Tomorrow's movement Prediction of Elecon Engineering ELECON looks bearish. It has broken an important support level of 575 with high volumes
Tomorrow's movement Prediction of Elecon Engineering ELECON looks bearish. It has broken an important moving average level of 579.17 with high volumes
Munafa value: 50
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.