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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 2025-07-01 View latest technical analysis

10 day averaged volume of Elecon Engineering is 682067

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	633.75	658.00	661.00	632.00	0.994 times
30 Mon Jun 2025	654.70	657.00	672.00	638.05	1.061 times
27 Fri Jun 2025	653.35	630.00	660.80	626.00	3.313 times
26 Thu Jun 2025	626.40	642.30	647.00	625.00	0.957 times
25 Wed Jun 2025	639.10	632.70	653.00	632.50	0.852 times
24 Tue Jun 2025	627.30	642.00	649.45	624.10	0.914 times
23 Mon Jun 2025	635.80	626.60	638.00	625.70	0.359 times
20 Fri Jun 2025	633.00	629.00	644.55	626.30	0.717 times
19 Thu Jun 2025	631.85	640.00	647.20	628.90	0.767 times
18 Wed Jun 2025	638.95	645.00	660.30	636.35	0.576 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 634, but if it comes above 634, then a intra day buy could be more profitable.
If you take a sell trade below 634, then use 634 as stoploss and 603.7 as target. However if you take a buy trade in stock , then use 634 as stoploss and 659.32 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	494.40
Downside Target	542.55
Downside Target	572.55
Downside Target	624.10
Upside Target	660.80
Upside Target	672.00
Upside Target	676.25
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	619.83
Downside Intraday Target	605.92
Upside Intraday Target	659.83
Upside Intraday Target	685.92
Upside Intraday Target	645.92

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	633.75	657.00	672.00	632.00	0.321 times
27 Fri Jun 2025	653.35	626.60	660.80	624.10	2.101 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

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 Jul 2025	633.75	658.00	661.00	632.00	0.051 times
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 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

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 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 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 BUY. 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 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 green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 641.41 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.