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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 2025-04-01 View latest technical analysis

10 day averaged volume of Elecon Engineering is 1064629

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	445.95	448.00	456.00	442.15	0.289 times
28 Fri Mar 2025	449.15	466.95	469.95	444.05	0.534 times
27 Thu Mar 2025	461.00	455.00	465.95	441.75	0.851 times
26 Wed Mar 2025	460.30	439.00	471.00	430.60	1.968 times
25 Tue Mar 2025	437.35	459.95	462.80	435.40	0.604 times
24 Mon Mar 2025	457.15	447.00	494.40	439.60	2.62 times
21 Fri Mar 2025	439.95	425.00	459.95	424.10	1.057 times
20 Thu Mar 2025	425.70	437.75	443.95	421.65	0.517 times
19 Wed Mar 2025	431.25	418.00	433.10	416.10	0.596 times
18 Tue Mar 2025	415.30	392.00	421.00	392.00	0.835 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 448 as stoploss in an intra day sell trade for a target of 424.22. However, stock will show a bullish move above 448.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	385.60
Downside Target	410.95
Downside Target	430.60
Downside Target	442.15
Upside Target	494.40
Upside Target	502.05
Upside Target	529.25
Upside Target	578.35
Upside Target	643.50
Upside Target	672.55

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	440.07
Downside Intraday Target	434.18
Upside Intraday Target	453.92
Upside Intraday Target	461.88
Upside Intraday Target	448.03

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	445.95	448.00	456.00	442.15	0.044 times
28 Fri Mar 2025	449.15	447.00	494.40	430.60	1.921 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

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
01 Tue Apr 2025	445.95	448.00	456.00	442.15	0.018 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 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

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 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 in or above 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 BUY signal in short term and the buying is gaining 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 447.54 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. 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.