Is EIMCO ELECON (INDIA) in uptrend or downtrend?

In the short term price movements in EIMCOELECO share indicates the market has a bullish trend, but it may stay rangebound for some time.

What is EIMCO ELECON (INDIA) share price forecast for tomorrow?

In Eimco Elecon (India) Limited stock current resistance level is at 1675 and support level is at 1461. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are EIMCO ELECON (INDIA) support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Eimco Elecon (India) Limited in the short-term, the supply zone around 1675 and 1670. Hence, good chances of resistance around 1670. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Eimco Elecon (India) Limited share is around 1461 and 1460. Hence, good chances for support around 1460.

Why is EIMCO ELECON (INDIA) share price falling today?

Perhaps EIMCOELECO stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

EIMCO ELECON (INDIA) Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data