Elecon Engineering Reversal & Breakout Setup Near 415 Zone
The price has shown a recovery after a prolonged downtrend and is currently trading around the ā¹410āā¹415 zone. The recent price action indicates consolidation near resistance, suggesting a potential breakout if momentum sustains. The key demand/support zone lies near ā¹367 ā ā¹397, which can act as a strong base on pullbacks. Trade Plan Entry Zone:ā¹400…
