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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 2025-06-09 View latest technical analysis

10 day averaged volume of Elecon Engineering is 628198

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	686.35	695.00	704.50	683.55	0.806 times
06 Fri Jun 2025	694.30	695.00	698.95	682.40	1.002 times
05 Thu Jun 2025	692.40	705.45	715.00	689.10	0.724 times
04 Wed Jun 2025	705.40	693.80	709.00	686.55	0.852 times
03 Tue Jun 2025	689.55	705.00	716.25	686.05	1.477 times
02 Mon Jun 2025	699.90	664.00	703.00	664.00	1.64 times
30 Fri May 2025	664.00	685.70	689.85	661.30	0.888 times
29 Thu May 2025	679.15	682.00	690.00	676.05	0.608 times
28 Wed May 2025	677.65	689.80	701.50	669.05	1.298 times
27 Tue May 2025	685.85	673.30	691.05	670.05	0.646 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 692.4 as stoploss in an intra day sell trade for a target of 679.18. However, stock will show a bullish move above 692.4.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	410.95
Downside Target	494.40
Downside Target	529.25
Downside Target	542.55
Downside Target	572.55
Downside Target	630.05
Downside Target	654.05
Downside Target	683.55
Upside Target	701.50
Upside Target	704.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	678.43
Downside Intraday Target	670.52
Upside Intraday Target	699.38
Upside Intraday Target	712.42
Upside Intraday Target	691.47

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	686.35	695.00	704.50	683.55	0.141 times
06 Fri Jun 2025	694.30	664.00	716.25	664.00	1.323 times
30 Fri May 2025	664.00	685.00	701.50	661.30	0.89 times
23 Fri May 2025	681.15	663.70	698.00	654.05	0.596 times
16 Fri May 2025	663.25	636.65	687.00	630.05	0.67 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 Mon Jun 2025	686.35	664.00	716.25	664.00	0.196 times
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 times
30 Wed Apr 2025	544.85	448.00	572.55	387.00	1.212 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Elecon Engineering stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are above the green 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 688.33 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.