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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 2026-01-05 View latest technical analysis

10 day averaged volume of Elecon Engineering is 409851

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	497.55	502.50	508.80	483.50	3.144 times
02 Fri Jan 2026	501.00	482.00	516.00	481.90	4.656 times
01 Thu Jan 2026	480.70	482.55	489.55	479.00	0.415 times
31 Wed Dec 2025	481.45	468.00	483.55	467.30	0.598 times
30 Tue Dec 2025	470.20	479.60	480.55	465.15	1.233 times
29 Mon Dec 2025	475.85	479.95	486.80	474.75	0.576 times
26 Fri Dec 2025	478.50	484.00	488.85	476.25	0.372 times
24 Wed Dec 2025	480.85	490.30	492.50	480.00	0.426 times
23 Tue Dec 2025	492.15	491.00	498.00	489.30	0.34 times
22 Mon Dec 2025	490.45	483.00	493.80	482.85	0.655 times

Stock of Elecon Engineering (ELECON) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 499.3, for a target of 489.8 or 481.95

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	461.00
Downside Target	476.25
Upside Target	505.70
Upside Target	508.80
Upside Target	516.00
Upside Target	527.90
Upside Target	549.60
Upside Target	570.80
Upside Target	626.00
Upside Target	634.90

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	484.43
Downside Intraday Target	471.32
Upside Intraday Target	509.73
Upside Intraday Target	521.92
Downside Intraday Target	496.62

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	497.55	502.50	508.80	483.50	0.42 times
02 Fri Jan 2026	501.00	479.95	516.00	465.15	4.17 times
26 Fri Dec 2025	478.50	483.00	498.00	476.25	0.859 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

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
05 Mon Jan 2026	497.55	482.55	516.00	479.00	0.674 times
31 Wed Dec 2025	481.45	503.00	505.70	461.00	0.856 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

Scroll below to view daily charts

Price has moved up 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 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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 492.12 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 positive

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