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 2025-03-25 View latest technical analysis

10 day averaged volume of Elecon Engineering is 825465

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	437.35	459.95	462.80	435.40	0.779 times
24 Mon Mar 2025	457.15	447.00	494.40	439.60	3.379 times
21 Fri Mar 2025	439.95	425.00	459.95	424.10	1.364 times
20 Thu Mar 2025	425.70	437.75	443.95	421.65	0.666 times
19 Wed Mar 2025	431.25	418.00	433.10	416.10	0.769 times
18 Tue Mar 2025	415.30	392.00	421.00	392.00	1.077 times
17 Mon Mar 2025	390.85	395.70	398.25	385.60	0.539 times
13 Thu Mar 2025	391.10	404.45	407.95	388.80	0.915 times
12 Wed Mar 2025	401.85	405.00	408.00	397.25	0.352 times
11 Tue Mar 2025	399.80	410.00	412.80	396.30	0.55 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 443.8 as stoploss in an intra day sell trade for a target of 421.61. However, stock will show a bullish move above 443.8.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	385.60
Downside Target	410.95
Downside Target	435.40
Upside Target	445.05
Upside Target	459.95
Upside Target	479.95
Upside Target	494.40
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	417.03
Downside Intraday Target	396.72
Upside Intraday Target	476.03
Upside Intraday Target	514.72
Upside Intraday Target	455.72

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	437.35	447.00	494.40	435.40	0.942 times
21 Fri Mar 2025	439.95	395.70	459.95	385.60	2.001 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

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 Mar 2025	437.35	420.05	494.40	376.95	1.34 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 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 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 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 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. Bulls are getting tired and bears 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 but SELL signal is weak.

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 430.97 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.