Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2025-06-17 View latest technical analysis

10 day averaged volume of Elecon Engineering is 533658

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	650.55	669.45	670.80	648.00	0.619 times
16 Mon Jun 2025	669.85	668.10	676.25	651.10	0.639 times
13 Fri Jun 2025	669.70	650.00	677.05	641.80	0.968 times
12 Thu Jun 2025	669.50	686.70	688.95	667.10	0.941 times
11 Wed Jun 2025	682.35	697.65	697.65	672.60	0.69 times
10 Tue Jun 2025	691.80	693.80	704.00	686.05	1.039 times
09 Mon Jun 2025	686.35	695.00	704.50	683.55	0.949 times
06 Fri Jun 2025	694.30	695.00	698.95	682.40	1.18 times
05 Thu Jun 2025	692.40	705.45	715.00	689.10	0.852 times
04 Wed Jun 2025	705.40	693.80	709.00	686.55	1.003 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 653.2, for a target of 668.4 or 681

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	410.95
Downside Target	494.40
Downside Target	529.25
Downside Target	542.55
Downside Target	572.55
Downside Target	641.80
Upside Target	698.00
Upside Target	701.50
Upside Target	704.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	640.28
Downside Intraday Target	630.02
Upside Intraday Target	668.53
Upside Intraday Target	686.52
Upside Intraday Target	658.27

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Jun 2025	650.55	668.10	676.25	648.00	0.274 times
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 times
06 Fri Jun 2025	694.30	664.00	716.25	664.00	1.323 times
30 Fri May 2025	664.00	685.00	701.50	661.30	0.89 times
23 Fri May 2025	681.15	663.70	698.00	654.05	0.596 times

Price has moved down 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
17 Tue Jun 2025	650.55	664.00	716.25	641.80	0.322 times
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 times
30 Wed Apr 2025	544.85	448.00	572.55	387.00	1.212 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Elecon Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elecon Engineering in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 683.18 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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