Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Elecon Engineering is 848207

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Oct 2025	541.40	540.05	543.10	536.00	0.368 times
16 Thu Oct 2025	543.05	545.00	551.85	541.50	0.33 times
15 Wed Oct 2025	542.25	531.60	544.00	528.30	0.403 times
14 Tue Oct 2025	531.40	551.95	558.15	527.90	0.849 times
13 Mon Oct 2025	551.75	550.00	555.35	547.15	0.721 times
10 Fri Oct 2025	556.85	607.00	608.85	543.20	4.457 times
09 Thu Oct 2025	603.85	610.00	616.30	601.55	0.471 times
08 Wed Oct 2025	606.70	622.70	623.00	604.00	0.577 times
07 Tue Oct 2025	619.65	608.40	626.00	596.60	1.202 times
06 Mon Oct 2025	602.50	584.55	604.80	581.15	0.616 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 550.9, but if it comes above 550.9, then a intra day buy could be more profitable.
If you take a sell trade below 550.9, then use 550.9 as stoploss and 517 as target. However if you take a buy trade in stock , then use 550.9 as stoploss and 579.15 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	583.55
Upside Target	595.50
Upside Target	624.10
Upside Target	626.00
Upside Target	628.15
Upside Target	634.90
Upside Target	683.00
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	526.82
Downside Intraday Target	512.23
Upside Intraday Target	557.07
Upside Intraday Target	572.73
Upside Intraday Target	542.48

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
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
03 Fri Oct 2025	584.55	565.70	592.85	555.65	1.104 times
26 Fri Sep 2025	565.70	621.50	628.15	563.45	0.505 times
19 Fri Sep 2025	621.50	600.50	634.90	595.50	0.362 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
17 Fri Oct 2025	541.40	568.00	626.00	527.90	0.76 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
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 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 to mid 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 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 weakening, and bulls 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 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 568.17 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.