ELECON - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.8

📉 Current Price: ₹565

📊 RSI: 49.4 (Neutral zone)

📉 MACD: -4.71 (Bearish crossover)

📉 DMA 50 / 200: ₹573 / ₹576 (Price slightly below both averages)

📉 Volume: 2,54,574 vs 1Wk Avg 2,63,141 (Slightly below average)

💰 Market Cap: ₹12,676 Cr

📉 Qtr Profit Decline: ₹107 Cr → ₹78.9 Cr

📉 FII Holding: -1.30%

📈 DII Holding: +0.33%

📌 Optimal Entry Price

🎯 Entry Range: ₹550–₹565 (Near support and RSI base)

📤 Exit Strategy

💡 Exit if: Price approaches ₹600–₹620 or RSI crosses 65 with weakening volume.

✅ Positive

• Strong ROCE (29.1%) and ROE (22.6%) indicate efficient capital deployment
• PEG ratio of 0.62 suggests attractive valuation relative to growth
• EPS of ₹23.8 and low debt-to-equity ratio (0.12)
• DII holding increased, showing domestic investor confidence

⚠️ Limitation

• Price trading slightly below both 50 DMA and 200 DMA
• MACD indicates mild bearish momentum
• Volume slightly below average, indicating weak participation
• Dividend yield is modest at 0.35%

📰 Company Negative News

• Quarterly PAT declined from ₹107 Cr to ₹78.9 Cr
• FII holding dropped by 1.30%

📈 Company Positive News

• DII holding increased by 0.33%
• Stock trading near support zone with potential for technical rebound

🏭 Industry

• Industry P/E: 49.8 (significantly higher than ELECON’s P/E of 31.4)
• Capital goods sector benefits from infrastructure growth and industrial expansion

🔚 Conclusion

ELECON offers a moderately attractive swing trade setup with strong fundamentals and valuation support. Entry near ₹550–₹565 is favorable, with an exit target around ₹600–₹620. A stop-loss below ₹540 is recommended to manage downside risk.

I can also monitor MACD and RSI trends for ELECON to help you catch the next momentum shift.