Breakout possible, keep in watchlist, this could be big out only if breakout penetrated.
#Elecon was shared last week too. Box was not broken. It is still a buy above box breakout for 325 levels SL bottom of box. RS is also strong
#ELECON Good financials. Waiting for box break to resume uptrend. Has performed well in this market so far. Must be in watch list
#ELECON Broke left pivot with good volume and good close. Buy above high will be in place tomorrow i will play for 10%
Currently at 200D EMA which can act as a strong support. SL-149.25 TARGET 1-159.50
The stock has broken out with volume. The chart says it all. Your comments will be highly appreciated and motivating Only for educational purposes.
ELECON NSE Elecon Engineering is bullish if 184 holds. New 52Week High. Fresh Breakout. New MultiYear High. Bullish Trend. **** Educational purpose only. NSE:ELECON
All Targets are shown on the screen This stock can be a Multibagger Believe me !
volume breakout RSI convergence lower supportive trendline horizontal reistance breakout higher lows formation risky traders= buy at CMP safe traders= buy above 150 target= 8-9 percent on swing basis stoploss= 132 or break of lower supportive trendline this is only for education purpose. take trades at your own risk
#elecon #nifty #banknifty #chaiwithanoop #eleconengineering #eleconengineeringcompany #Consolidation #ConsolidationBreakout TGT 200+++ Short Term
Broke out a major resistance recently, Following an uptrend for some time on 1 day time scale
Multiyear breakout with good volume . Target is big, this could double.
✅↗️ BIG BREAKOUT SOON🔜✅ - STOCK NAME : ELECON ENGINEERING - SCRIP : NSE: ELECON - INDUSTRY : EQUIPMENTS - LTP : 111.70 - ✅TECHNICAL ANALYSIS DETAILS✅ 1. PRICE COMING OUT OF 13 YEAR LONG CONSOLIDATION PERIOD .✅ 2. RECENT VOLUME BUILD UP.✅ 3. MACD BULLISH CROSSOVER.✅ 4. MONTHLY CLOSE ABOVE...
Wait for 31st may closing in ELECON If close above 114 then buy and add more near 98 we seen 128/155/176/198+ view invalid below 82 wcb Note: all views are education purpose only.
Elecon CMP - 39.05 Looking bullish in higher time frame. One can go for Swing Trade setup with the following entry, exit & targets Buy at 39 - 40 / Stop Loss 35.50 Target 1 - 43 Target 2 - 50 Target 3 - 60 Disclaimer: This is my view and for educational purpose only.