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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 2025-12-24 View latest technical analysis

10 day averaged volume of Elecon Engineering is 166641

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Dec 2025	480.85	490.30	492.50	480.00	1.047 times
23 Tue Dec 2025	492.15	491.00	498.00	489.30	0.837 times
22 Mon Dec 2025	490.45	483.00	493.80	482.85	1.611 times
19 Fri Dec 2025	482.80	471.30	484.95	470.00	1.793 times
18 Thu Dec 2025	471.30	475.05	475.10	466.25	0.68 times
17 Wed Dec 2025	475.05	478.00	482.40	473.00	0.707 times
16 Tue Dec 2025	481.15	482.55	488.00	478.00	0.808 times
15 Mon Dec 2025	484.70	482.40	488.50	479.25	1.149 times
13 Sat Dec 2025	482.85	476.20	485.00	476.20	0.739 times
12 Fri Dec 2025	482.85	476.20	485.00	476.20	0.739 times

My analysis of stock is bearish for shortterm, and stock might move down till 474.6 or till 465.2. Use a stoploss of 482.33 and if the stock hits stoploss, then it can shoot up till 490.1

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	461.00
Upside Target	505.70
Upside Target	517.20
Upside Target	527.90
Upside Target	535.00
Upside Target	549.60
Upside Target	570.80
Upside Target	583.55
Upside Target	626.00
Upside Target	634.90

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	474.57
Downside Intraday Target	468.28
Upside Intraday Target	492.57
Upside Intraday Target	504.28
Upside Intraday Target	486.28

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Dec 2025	480.85	483.00	498.00	480.00	0.68 times
19 Fri Dec 2025	482.80	482.40	488.50	466.25	0.763 times
13 Sat Dec 2025	482.85	474.80	488.55	461.00	0.866 times
05 Fri Dec 2025	474.45	503.00	505.70	471.00	0.748 times
28 Fri Nov 2025	504.45	514.90	517.20	486.00	1.248 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
24 Wed Dec 2025	480.85	503.00	505.70	461.00	0.661 times
28 Fri Nov 2025	504.45	561.45	570.80	486.00	0.489 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

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 to mid 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 483.37 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. 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.