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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 2025-03-19 View latest technical analysis

10 day averaged volume of Elecon Engineering is 641803

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	431.25	418.00	433.10	416.10	0.989 times
18 Tue Mar 2025	415.30	392.00	421.00	392.00	1.385 times
17 Mon Mar 2025	390.85	395.70	398.25	385.60	0.694 times
13 Thu Mar 2025	391.10	404.45	407.95	388.80	1.176 times
12 Wed Mar 2025	401.85	405.00	408.00	397.25	0.453 times
11 Tue Mar 2025	399.80	410.00	412.80	396.30	0.708 times
10 Mon Mar 2025	415.45	442.00	447.90	412.75	0.501 times
07 Fri Mar 2025	437.55	423.90	445.05	422.60	0.896 times
06 Thu Mar 2025	424.50	424.55	430.00	422.00	0.672 times
05 Wed Mar 2025	419.55	392.50	422.45	392.50	2.531 times

My analysis of stock is bullish for shortterm, and stock might move up till 455.2 or till 489.3. Use a stoploss of 426.87 and if this stock hits its stoploss, then it can fall down till 398.5

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	385.60
Downside Target	410.95
Downside Target	431.00
Upside Target	445.05
Upside Target	479.95
Upside Target	502.05
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	400.2
Downside Intraday Target	369.15
Upside Intraday Target	447.7
Upside Intraday Target	464.15
Downside Intraday Target	416.65

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	431.25	395.70	433.10	385.60	1.081 times
13 Thu Mar 2025	391.10	442.00	447.90	388.80	0.38 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

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
19 Wed Mar 2025	431.25	420.05	447.90	376.95	0.84 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short 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 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 Weak 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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 414.33 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.