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.

Showing technical analysis as on 2025-02-25 View latest technical analysis

10 day averaged volume of Elecon Engineering is 563250

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	448.10	468.90	479.95	446.00	0.577 times
24 Mon Feb 2025	464.45	466.00	475.20	458.65	0.406 times
21 Fri Feb 2025	475.40	481.50	486.35	466.45	0.391 times
20 Thu Feb 2025	477.90	466.70	480.50	456.40	0.748 times
19 Wed Feb 2025	466.75	445.85	474.00	440.35	0.705 times
18 Tue Feb 2025	445.30	450.40	453.95	431.00	0.977 times
17 Mon Feb 2025	445.85	458.10	461.05	439.55	0.863 times
14 Fri Feb 2025	461.05	490.05	498.00	453.35	0.556 times
13 Thu Feb 2025	484.40	468.95	491.20	466.10	0.948 times
12 Wed Feb 2025	464.30	466.55	473.35	444.50	1.303 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 457.6, but if it comes above 457.6, then a intra day buy could be more profitable.
If you take a sell trade below 457.6, then use 457.6 as stoploss and 426.1 as target. However if you take a buy trade in stock , then use 457.6 as stoploss and 483.9 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	431.00
Downside Target	444.50
Upside Target	472.65
Upside Target	502.05
Upside Target	518.45
Upside Target	530.15
Upside Target	549.25
Upside Target	578.35
Upside Target	613.00
Upside Target	643.50
Upside Target	672.55
Upside Target	739.10

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	436.08
Downside Intraday Target	424.07
Upside Intraday Target	470.03
Upside Intraday Target	491.97
Upside Intraday Target	458.02

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	448.10	466.00	479.95	446.00	0.267 times
21 Fri Feb 2025	475.40	458.10	486.35	431.00	0.574 times
14 Fri Feb 2025	461.05	515.10	518.45	444.50	1.11 times
07 Fri Feb 2025	510.80	529.25	529.25	472.65	1.424 times
31 Fri Jan 2025	532.40	540.00	549.25	502.05	0.565 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
25 Tue Feb 2025	448.10	529.25	529.25	431.00	0.853 times
31 Fri Jan 2025	532.40	634.60	643.50	502.05	1.046 times
31 Tue Dec 2024	634.50	590.10	672.55	578.35	1.427 times
29 Fri Nov 2024	584.75	580.45	613.00	530.15	0.349 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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. Bears are getting stronger in this stock.

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 462.93 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.