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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 2025-04-09 View latest technical analysis

10 day averaged volume of Elecon Engineering is 642321

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	414.55	418.40	419.95	405.55	0.381 times
08 Tue Apr 2025	418.40	423.00	431.80	415.70	0.583 times
07 Mon Apr 2025	415.60	403.80	418.70	387.00	0.915 times
04 Fri Apr 2025	434.25	457.00	457.10	430.10	0.565 times
03 Thu Apr 2025	455.10	447.00	458.40	446.35	0.427 times
02 Wed Apr 2025	451.05	450.80	454.05	435.10	0.471 times
01 Tue Apr 2025	445.95	448.00	456.00	442.15	0.479 times
28 Fri Mar 2025	449.15	466.95	469.95	444.05	0.886 times
27 Thu Mar 2025	461.00	455.00	465.95	441.75	1.41 times
26 Wed Mar 2025	460.30	439.00	471.00	430.60	3.261 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 407.4 as stoploss in an intra day buy trade for a target of 429.78. However, stock will show a bearish move below 407.4.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	385.60
Downside Target	410.95
Upside Target	430.10
Upside Target	447.90
Upside Target	458.40
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	390.43
Downside Intraday Target	366.32
Upside Intraday Target	435.23
Upside Intraday Target	455.92
Downside Intraday Target	411.12

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	414.55	403.80	431.80	387.00	0.967 times
04 Fri Apr 2025	434.25	448.00	458.40	430.10	0.178 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

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
09 Wed Apr 2025	414.55	448.00	458.40	387.00	0.142 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 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 short to mid 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 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 gaining momentum.

MACD generated a SELL signal for Elecon Engineering in short term and the sell signal is strong.

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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 447.52 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.