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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 2025-07-22 View latest technical analysis

10 day averaged volume of Elecon Engineering is 1189665

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	597.30	601.00	608.45	594.10	0.22 times
21 Mon Jul 2025	599.40	601.00	602.80	592.00	0.245 times
18 Fri Jul 2025	601.00	609.75	614.00	595.35	0.401 times
17 Thu Jul 2025	607.35	611.80	621.50	605.60	0.415 times
16 Wed Jul 2025	606.95	626.00	626.55	603.20	0.796 times
15 Tue Jul 2025	624.35	629.00	634.00	621.30	0.484 times
14 Mon Jul 2025	627.35	622.50	637.85	622.50	0.813 times
11 Fri Jul 2025	619.30	647.00	683.00	614.90	4.982 times
10 Thu Jul 2025	648.70	675.00	677.55	643.00	1.073 times
09 Wed Jul 2025	660.35	644.00	665.00	636.30	0.52 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 611.6, but if it comes above 611.6, then a intra day buy could be more profitable.
If you take a sell trade below 611.6, then use 611.6 as stoploss and 587.9 as target. However if you take a buy trade in stock , then use 611.6 as stoploss and 631.27 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	592.00
Upside Target	608.45
Upside Target	660.80
Upside Target	672.00
Upside Target	683.00
Upside Target	701.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	590.05
Downside Intraday Target	582.8
Upside Intraday Target	606.5
Upside Intraday Target	615.7
Upside Intraday Target	599.25

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	597.30	601.00	608.45	592.00	0.16 times
18 Fri Jul 2025	601.00	622.50	637.85	595.35	0.411 times
11 Fri Jul 2025	619.30	648.20	683.00	614.90	2.703 times
04 Fri Jul 2025	646.10	657.00	672.00	632.00	0.714 times
27 Fri Jun 2025	653.35	626.60	660.80	624.10	2.101 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
22 Tue Jul 2025	597.30	658.00	683.00	592.00	1.125 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 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 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 Strong and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

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

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 622.32 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.