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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.

Showing technical analysis as on 2025-07-07 View latest technical analysis

10 day averaged volume of Elecon Engineering is 747815

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	646.60	648.20	656.50	638.85	0.375 times
04 Fri Jul 2025	646.10	644.15	650.95	640.45	0.377 times
03 Thu Jul 2025	642.25	651.00	652.40	640.10	0.355 times
02 Wed Jul 2025	650.85	636.00	663.00	632.20	1.56 times
01 Tue Jul 2025	633.75	658.00	661.00	632.00	0.907 times
30 Mon Jun 2025	654.70	657.00	672.00	638.05	0.968 times
27 Fri Jun 2025	653.35	630.00	660.80	626.00	3.022 times
26 Thu Jun 2025	626.40	642.30	647.00	625.00	0.873 times
25 Wed Jun 2025	639.10	632.70	653.00	632.50	0.777 times
24 Tue Jun 2025	627.30	642.00	649.45	624.10	0.833 times

My analysis of stock is bearish for shortterm, and stock might move down till 631.7 or till 610.1. Use a stoploss of 649.69 and if the stock hits stoploss, then it can shoot up till 667.68

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	494.40
Downside Target	542.55
Downside Target	572.55
Downside Target	624.10
Upside Target	656.50
Upside Target	663.00
Upside Target	672.00
Upside Target	676.25
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	638.13
Downside Intraday Target	629.67
Upside Intraday Target	655.78
Upside Intraday Target	664.97
Upside Intraday Target	647.32

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	646.60	648.20	656.50	638.85	0.09 times
04 Fri Jul 2025	646.10	657.00	672.00	632.00	0.714 times
27 Fri Jun 2025	653.35	626.60	660.80	624.10	2.101 times
20 Fri Jun 2025	633.00	668.10	676.25	626.30	0.848 times
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 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
07 Mon Jul 2025	646.60	658.00	663.00	632.00	0.203 times
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Elecon Engineering in short term and BUY 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 644.8 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 rising upwards.

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 is giving positive 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.