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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 2026-01-06 View latest technical analysis

10 day averaged volume of Elecon Engineering is 508834

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	479.30	499.10	501.00	476.90	0.881 times
05 Mon Jan 2026	497.55	502.50	508.80	483.50	2.532 times
02 Fri Jan 2026	501.00	482.00	516.00	481.90	3.75 times
01 Thu Jan 2026	480.70	482.55	489.55	479.00	0.334 times
31 Wed Dec 2025	481.45	468.00	483.55	467.30	0.482 times
30 Tue Dec 2025	470.20	479.60	480.55	465.15	0.993 times
29 Mon Dec 2025	475.85	479.95	486.80	474.75	0.464 times
26 Fri Dec 2025	478.50	484.00	488.85	476.25	0.3 times
24 Wed Dec 2025	480.85	490.30	492.50	480.00	0.343 times
23 Tue Dec 2025	492.15	491.00	498.00	489.30	0.274 times

My analysis of stock is bearish for shortterm, and stock might move down till 474.3 or till 464.9. Use a stoploss of 482.07 and if the stock hits stoploss, then it can shoot up till 489.88

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	467.87
Downside Intraday Target	456.43
Upside Intraday Target	499.77
Upside Intraday Target	520.23
Upside Intraday Target	488.33

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	479.30	502.50	508.80	476.90	0.567 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
06 Tue Jan 2026	479.30	482.55	516.00	476.90	0.764 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 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 BUY. 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.

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 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 BUY signal in short term but buying 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 491.11 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.