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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 2026-01-08 View latest technical analysis

10 day averaged volume of Elecon Engineering is 1727751

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Jan 2026	503.35	520.95	533.20	497.20	1.4 times
07 Wed Jan 2026	517.85	480.00	524.50	480.00	7.031 times
06 Tue Jan 2026	479.30	499.10	501.00	476.90	0.26 times
05 Mon Jan 2026	497.55	502.50	508.80	483.50	0.746 times
02 Fri Jan 2026	501.00	482.00	516.00	481.90	1.105 times
01 Thu Jan 2026	480.70	482.55	489.55	479.00	0.098 times
31 Wed Dec 2025	481.45	468.00	483.55	467.30	0.142 times
30 Tue Dec 2025	470.20	479.60	480.55	465.15	0.292 times
29 Mon Dec 2025	475.85	479.95	486.80	474.75	0.137 times
26 Fri Dec 2025	478.50	484.00	488.85	476.25	0.088 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 497, but if it comes below 497, then a intra day sell could be more profitable.
If you take a sell trade below 497, then use 497 as stoploss and 485.5 as target. However if you take a buy trade in stock , then use 497 as stoploss and 510.8 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	461.00
Downside Target	476.25
Upside Target	505.70
Upside Target	516.00
Upside Target	527.90
Upside Target	533.20
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	475.77
Downside Intraday Target	448.18
Upside Intraday Target	532.07
Upside Intraday Target	560.78
Upside Intraday Target	504.48

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Jan 2026	503.35	502.50	533.20	476.90	5.32 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elecon Engineering (ELECON)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Jan 2026	503.35	482.55	533.20	476.90	3.681 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, and volume has increased substantially. This means that the move can 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 Strong and stock is gaining 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 tired and bears are picking up momentum.

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 buy signal for Elecon Engineering in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 509.35 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 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.