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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 2025-11-07 View latest technical analysis

10 day averaged volume of Elecon Engineering is 296221

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Nov 2025	537.75	541.05	546.50	535.45	0.874 times
06 Thu Nov 2025	546.05	565.20	565.20	544.00	1.059 times
04 Tue Nov 2025	565.30	556.05	570.80	555.15	0.779 times
03 Mon Nov 2025	557.65	561.45	570.45	555.00	0.971 times
31 Fri Oct 2025	561.45	571.95	574.80	559.40	0.566 times
30 Thu Oct 2025	568.80	560.90	572.20	558.00	0.93 times
29 Wed Oct 2025	560.00	553.00	563.15	551.30	0.813 times
28 Tue Oct 2025	557.15	556.00	565.80	552.20	1.038 times
27 Mon Oct 2025	557.80	569.10	573.95	555.10	0.882 times
24 Fri Oct 2025	569.10	565.00	572.00	558.20	0.845 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 540.5, but if it comes above 540.5, then a intra day buy could be more profitable.
If you take a sell trade below 540.5, then use 540.5 as stoploss and 522.2 as target. However if you take a buy trade in stock , then use 540.5 as stoploss and 555.69 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	570.80
Upside Target	574.80
Upside Target	574.90
Upside Target	583.55
Upside Target	626.00
Upside Target	634.90
Upside Target	683.00

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	525.2
Downside Intraday Target	512.65
Upside Intraday Target	560.55
Upside Intraday Target	583.35
Upside Intraday Target	548

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Nov 2025	537.75	561.45	570.80	535.45	0.871 times
31 Fri Oct 2025	561.45	569.10	574.80	551.30	1.024 times
24 Fri Oct 2025	569.10	541.00	574.90	538.85	0.54 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

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
07 Fri Nov 2025	537.75	561.45	570.80	535.45	0.091 times
31 Fri Oct 2025	561.45	568.00	626.00	527.90	0.959 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

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 gaining momentum.

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

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 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 and SELL 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

Although the stock is in the BUY zone, but buying 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 557.65 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.