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 2025-08-14 View latest technical analysis

10 day averaged volume of Elecon Engineering is 265010

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	552.50	569.95	570.35	550.00	0.79 times
13 Wed Aug 2025	567.80	545.45	571.50	545.15	1.823 times
12 Tue Aug 2025	545.45	544.90	547.10	538.00	0.783 times
11 Mon Aug 2025	541.60	535.00	545.70	535.00	0.952 times
08 Fri Aug 2025	541.05	554.00	559.30	535.00	0.911 times
07 Thu Aug 2025	553.50	560.00	561.35	548.00	1.162 times
06 Wed Aug 2025	561.90	571.00	577.80	558.70	0.819 times
05 Tue Aug 2025	572.70	562.20	578.70	561.80	0.836 times
04 Mon Aug 2025	572.95	562.60	576.00	558.40	1.083 times
01 Fri Aug 2025	563.65	569.80	574.80	561.35	0.725 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 552.8, but if it comes above 552.8, then a intra day buy could be more profitable.
If you take a sell trade below 552.8, then use 552.8 as stoploss and 530.9 as target. However if you take a buy trade in stock , then use 552.8 as stoploss and 571.14 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	387.00
Downside Target	535.00
Upside Target	560.00
Upside Target	571.50
Upside Target	587.20
Upside Target	595.35
Upside Target	612.15
Upside Target	624.10
Upside Target	637.85
Upside Target	683.00
Upside Target	701.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	534.5
Downside Intraday Target	516.5
Upside Intraday Target	571
Upside Intraday Target	589.5
Upside Intraday Target	553

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	552.50	535.00	571.50	535.00	0.904 times
08 Fri Aug 2025	541.05	562.60	578.70	535.00	0.707 times
01 Fri Aug 2025	563.65	577.05	587.20	560.00	1.03 times
25 Fri Jul 2025	577.05	601.00	612.15	575.00	0.505 times
18 Fri Jul 2025	601.00	622.50	637.85	595.35	0.411 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
14 Thu Aug 2025	552.50	569.80	578.70	535.00	0.149 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak and stock is gaining momentum.

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

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

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 weakening, and bulls are picking up momentum!

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

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

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

MRSI is in positive zone. This is a BUY 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 558.32 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 negative.

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