CMP : 1434 Best : 1410-1420 Support : 1310 Trendline breakout is there on daily TF. Stock closes above 10, 21 DEMA. Weekly RSI at 54, Daily RSI at 52, which indicates strength. Volumes Pop up. No Buy / Sell Reco. Please do your own analysis or consult your advisor.
Above 428, enables a swift run! Momentum on all time frames
Short Term Trading Advice by Goodluck Capital Buy Eimco Elecon (India) Limited (NSE:EIMCOELECO) Buy Range- 1710 - 1750 Target- 1970 - 2000 StopLoss- below 1610 Potential Return- 14-16% Approx trade duration 14 - 16 days
EIMCOELECO has given 15 yrs range breakout from 700 resistance zone. Target: 1150+ SL: Daily candle close below 700. Note: As this stock is breaking 15 yrs range, usually they tend to grow even higher in upcoming days (usually 1x or 2x candidates).
EIMCO HAS BROKEN A LONG TERM DOWNTREND . Since then its undergoing an accumulative phase . This slow moving gem has a potential to double in a year,strong balance sheet and a favorable business environment
check out the list of breakout stocks, you call buy all the recommended stocks and make good profit. trade should be closed on the same day
long eimcoelcon sl 340,tgt 530, then 610. pattern formed is INH&S , Retest of this pattern is best entry.
EIMCO ELECON - stocks has forming head and shoulders pattern. -Stock break and sustain above 440 Next level to watch 500/580 levels . -Support is near 350 level on chart.
TGC CCI(D) >100 BoxBO Reversal Confirmation Moving towards 455 / 462