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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 2025-03-12 View latest technical analysis

10 day averaged volume of Elecon Engineering is 661169

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	401.85	405.00	408.00	397.25	0.439 times
11 Tue Mar 2025	399.80	410.00	412.80	396.30	0.687 times
10 Mon Mar 2025	415.45	442.00	447.90	412.75	0.486 times
07 Fri Mar 2025	437.55	423.90	445.05	422.60	0.87 times
06 Thu Mar 2025	424.50	424.55	430.00	422.00	0.652 times
05 Wed Mar 2025	419.55	392.50	422.45	392.50	2.457 times
04 Tue Mar 2025	392.25	388.30	399.00	376.95	0.956 times
03 Mon Mar 2025	388.40	420.05	423.30	386.50	2.313 times
28 Fri Feb 2025	414.20	437.00	437.00	410.95	0.526 times
27 Thu Feb 2025	437.45	450.00	453.25	433.50	0.561 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 409.1, but if it comes above 409.1, then a intra day buy could be more profitable.
If you take a sell trade below 409.1, then use 409.1 as stoploss and 374 as target. However if you take a buy trade in stock , then use 409.1 as stoploss and 438.23 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	396.30
Upside Target	410.95
Upside Target	431.00
Upside Target	444.50
Upside Target	479.95
Upside Target	502.05
Upside Target	518.45
Upside Target	529.25
Upside Target	530.15
Upside Target	578.35
Upside Target	613.00
Upside Target	643.50
Upside Target	672.55

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	382.8
Downside Intraday Target	363.75
Upside Intraday Target	434.4
Upside Intraday Target	466.95
Upside Intraday Target	415.35

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	401.85	442.00	447.90	396.30	0.223 times
07 Fri Mar 2025	437.55	420.05	445.05	376.95	3.768 times
28 Fri Feb 2025	414.20	466.00	479.95	410.95	0.613 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

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
12 Wed Mar 2025	401.85	420.05	447.90	376.95	0.573 times
28 Fri Feb 2025	414.20	529.25	529.25	410.95	0.917 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 409.96 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.