Elitecon International Technical Analysis

Elitecon International Ltd Technical Analysis

Elitecon International Ltd technical analysis is gaining attention among traders and investors tracking Elitecon International Ltd Technical Analysis trends in the Indian stock market. Elitecon International Ltd (NSE: , BSE: 539533) is currently trading at ₹58.19, showing a -1.36% move as of Wed, Mar 04, 2026.

This detailed Elitecon International Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Elitecon International Ltd Stock Overview

Elitecon International Ltd operates in the Process industries sector under the Textiles industry. With a market capitalization of ₹93.02B and a PE ratio of 4.70, Elitecon International Ltd remains a key stock to watch in Elitecon International Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹93.02B
• PE Ratio: 4.70
• Dividend Yield: 0.09
• Sector: Process industries
• Industry: Textiles

These fundamentals play an important role in Elitecon International Ltd technical analysis and valuation tracking.

Elitecon International Ltd Support and Resistance Levels

Classic Pivot Levels

In Elitecon International Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 116.21
• Resistance 2: 91.02
• Resistance 1: 74.61
• Pivot Point: 65.83
• Support 1: 49.42
• Support 2: 40.64
• Support 3: 15.45

Conditional Insight

Elitecon International Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 49.42 and 40.64.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Elitecon International Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 91.02
• Fibonacci R2: 81.40
• Fibonacci R1: 75.46
• Fibonacci Pivot: 65.83
• Fibonacci S1: 56.21
• Fibonacci S2: 50.27
• Fibonacci S3: 40.64

Elitecon International Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Elitecon International Ltd Moving Average Analysis

Moving averages are key indicators in Elitecon International Ltd technical analysis for identifying trend direction.

• 10 EMA: 61.36
• 20 EMA: 65.96
• 30 EMA: 70.02
• 50 EMA: 79.30
• 100 EMA: 98.79
• 200 EMA: 102.96

Trend Logic

Elitecon International Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Elitecon International Ltd technical analysis remains positive above 200 EMA.

Elitecon International Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 28.14
• MACD: -5.87
• Signal: -4.74
• ADX: 21.24
• Momentum: -19.58

RSI Logic

Elitecon International Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Elitecon International Ltd technical analysis indicates bearish momentum with MACD below signal line.

Elitecon International Ltd Overall Recommendation

• Overall Recommendation Score: -0.65
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.36

Overall Elitecon International Ltd technical analysis sentiment remains neutral with mixed signals.

Elitecon International Ltd Technical Analysis Conclusion

Elitecon International Ltd technical analysis suggests that traders should closely monitor price action around ₹58.19 and key pivot level 65.83. Breakouts above resistance or breakdown below support will define the next trend in Elitecon International Ltd technical analysis.

Investors searching for Elitecon International Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Elitecon International Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.