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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 2025-10-23 View latest technical analysis

10 day averaged volume of Elecon Engineering is 728046

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Oct 2025	564.75	557.95	574.90	548.00	0.861 times
21 Tue Oct 2025	553.70	550.00	555.40	549.00	0.178 times
20 Mon Oct 2025	543.65	541.00	547.30	538.85	0.297 times
17 Fri Oct 2025	541.40	540.05	543.10	536.00	0.429 times
16 Thu Oct 2025	543.05	545.00	551.85	541.50	0.385 times
15 Wed Oct 2025	542.25	531.60	544.00	528.30	0.469 times
14 Tue Oct 2025	531.40	551.95	558.15	527.90	0.989 times
13 Mon Oct 2025	551.75	550.00	555.35	547.15	0.84 times
10 Fri Oct 2025	556.85	607.00	608.85	543.20	5.192 times
09 Thu Oct 2025	603.85	610.00	616.30	601.55	0.549 times

My analysis of stock is bearish for shortterm, and stock might move down till 544.9 or till 514.5. Use a stoploss of 570.24 and if the stock hits stoploss, then it can shoot up till 595.59

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	574.90
Upside Target	583.55
Upside Target	592.85
Upside Target	624.10
Upside Target	626.00
Upside Target	628.15
Upside Target	634.90
Upside Target	683.00
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	544.1
Downside Intraday Target	523.45
Upside Intraday Target	580.15
Upside Intraday Target	595.55
Downside Intraday Target	559.5

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Oct 2025	564.75	541.00	574.90	538.85	0.429 times
17 Fri Oct 2025	541.40	550.00	558.15	527.90	0.365 times
10 Fri Oct 2025	556.85	584.55	626.00	543.20	4.267 times
03 Fri Oct 2025	584.55	565.70	592.85	555.65	1.104 times
26 Fri Sep 2025	565.70	621.50	628.15	563.45	0.505 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
23 Thu Oct 2025	564.75	568.00	626.00	527.90	0.838 times
30 Tue Sep 2025	567.90	560.00	634.90	549.60	2.513 times
29 Fri Aug 2025	552.30	569.80	583.55	535.00	0.281 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Elecon Engineering stock for short term is BUY. Signal strength is Weak 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 554.87 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 positive

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