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(ELECON) Elecon Engineering complete technical analysis [charts+indicators] | Buy/Sell Elecon Engineering | (ELECON) share price targets

Complete technical analysis of Elecon Engineering (ELECON) by charts plus indicators, forecast predictions and share price targets for Elecon Engineering (ELECON)

Elecon Engineering trades in NSE in Industrial Machinery sector.

10 day averaged volume of Elecon Engineering is 1173615

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Jan 2026	389.50	369.00	391.00	369.00	0.356 times
27 Tue Jan 2026	368.45	374.95	375.10	363.30	0.381 times
23 Fri Jan 2026	375.00	380.30	381.00	369.30	0.316 times
22 Thu Jan 2026	378.65	381.65	386.55	369.20	0.447 times
21 Wed Jan 2026	378.70	375.10	383.00	361.50	0.935 times
20 Tue Jan 2026	375.10	386.05	387.60	372.50	0.661 times
19 Mon Jan 2026	386.20	390.00	390.25	382.50	0.395 times
16 Fri Jan 2026	391.90	396.05	398.35	387.25	0.753 times
14 Wed Jan 2026	395.95	401.95	405.35	391.95	0.942 times
13 Tue Jan 2026	400.60	416.85	422.80	397.50	1.5 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 378 as stoploss in an intra day buy trade for a target of 430.25. However, stock will show a bearish move below 378.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	361.50
Downside Target	387.25
Upside Target	415.05
Upside Target	426.00
Upside Target	461.00
Upside Target	486.00
Upside Target	505.70
Upside Target	516.00
Upside Target	527.90
Upside Target	533.20
Upside Target	549.60
Upside Target	570.80
Upside Target	626.00
Upside Target	634.90

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	371.53
Downside Intraday Target	353.57
Upside Intraday Target	399.23
Upside Intraday Target	408.97
Downside Intraday Target	381.27

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Jan 2026	389.50	374.95	391.00	363.30	0.268 times
23 Fri Jan 2026	375.00	390.00	390.25	361.50	0.401 times
16 Fri Jan 2026	391.90	421.60	426.00	387.25	0.281 times
09 Fri Jan 2026	423.55	502.50	533.20	415.05	9.344 times
02 Fri Jan 2026	501.00	479.95	516.00	465.15	4.17 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Elecon Engineering (ELECON)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Jan 2026	389.50	482.55	533.20	361.50	8.584 times
31 Wed Dec 2025	481.45	503.00	505.70	461.00	0.856 times
28 Fri Nov 2025	504.45	561.45	570.80	486.00	0.489 times
31 Fri Oct 2025	561.45	568.00	626.00	527.90	0.959 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elecon Engineering (ELECON)

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elecon Engineering stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elecon Engineering in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elecon Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elecon Engineering in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Elecon Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 387.43 and Elecon Engineering (ELECON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Elecon Engineering (ELECON) stock. Volume based technical analysis of Elecon Engineering (ELECON) stock is negative.

Elecon Engineering Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.