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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.

10 day averaged volume of Elecon Engineering is 274590

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	577.90	575.30	583.55	569.40	0.953 times
19 Tue Aug 2025	575.30	562.50	576.45	557.70	1.308 times
18 Mon Aug 2025	562.50	559.00	564.95	550.25	0.898 times
14 Thu Aug 2025	552.50	569.95	570.35	550.00	0.762 times
13 Wed Aug 2025	567.80	545.45	571.50	545.15	1.759 times
12 Tue Aug 2025	545.45	544.90	547.10	538.00	0.756 times
11 Mon Aug 2025	541.60	535.00	545.70	535.00	0.919 times
08 Fri Aug 2025	541.05	554.00	559.30	535.00	0.879 times
07 Thu Aug 2025	553.50	560.00	561.35	548.00	1.122 times
06 Wed Aug 2025	561.90	571.00	577.80	558.70	0.79 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 581.4 as stoploss in an intra day sell trade for a target of 567.04. However, stock will show a bullish move above 581.4.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	387.00
Downside Target	535.00
Downside Target	571.50
Upside Target	583.55
Upside Target	587.20
Upside Target	612.15
Upside Target	624.10
Upside Target	683.00
Upside Target	701.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	557.58
Downside Intraday Target	537.27
Upside Intraday Target	590.88
Upside Intraday Target	603.87
Downside Intraday Target	570.57

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	577.90	559.00	583.55	550.25	0.753 times
14 Thu Aug 2025	552.50	535.00	571.50	535.00	0.904 times
08 Fri Aug 2025	541.05	562.60	578.70	535.00	0.707 times
01 Fri Aug 2025	563.65	577.05	587.20	560.00	1.03 times
25 Fri Jul 2025	577.05	601.00	612.15	575.00	0.505 times

Price has moved up 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
20 Wed Aug 2025	577.90	569.80	583.55	535.00	0.198 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 times
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 times
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Elecon Engineering in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 559.7 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 negative.

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