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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 2025-06-25 View latest technical analysis

10 day averaged volume of Elecon Engineering is 433139

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	639.10	632.70	653.00	632.50	1.341 times
24 Tue Jun 2025	627.30	642.00	649.45	624.10	1.439 times
23 Mon Jun 2025	635.80	626.60	638.00	625.70	0.565 times
20 Fri Jun 2025	633.00	629.00	644.55	626.30	1.129 times
19 Thu Jun 2025	631.85	640.00	647.20	628.90	1.207 times
18 Wed Jun 2025	638.95	645.00	660.30	636.35	0.907 times
17 Tue Jun 2025	650.55	669.45	670.80	648.00	0.762 times
16 Mon Jun 2025	669.85	668.10	676.25	651.10	0.787 times
13 Fri Jun 2025	669.70	650.00	677.05	641.80	1.193 times
12 Thu Jun 2025	669.50	686.70	688.95	667.10	1.16 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 642.4, but if it comes above 642.4, then a intra day buy could be more profitable.
If you take a sell trade below 642.4, then use 642.4 as stoploss and 612.3 as target. However if you take a buy trade in stock , then use 642.4 as stoploss and 667.54 as target.

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	624.10
Upside Target	641.80
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	624.47
Downside Intraday Target	609.83
Upside Intraday Target	653.37
Upside Intraday Target	667.63
Downside Intraday Target	638.73

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	639.10	626.60	653.00	624.10	0.698 times
20 Fri Jun 2025	633.00	668.10	676.25	626.30	0.848 times
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 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

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
25 Wed Jun 2025	639.10	664.00	716.25	624.10	0.459 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Elecon Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Elecon Engineering in short term but BUY signal is weak.

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 645.78 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.