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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 2025-07-24 View latest technical analysis

10 day averaged volume of Elecon Engineering is 1176251

Date Daily Closing Price Open High Low Volume
24 Thu Jul 2025 588.80 594.00 597.00 585.10 0.267 times
23 Wed Jul 2025 594.80 600.00 612.15 589.00 0.461 times
22 Tue Jul 2025 597.30 601.00 608.45 594.10 0.223 times
21 Mon Jul 2025 599.40 601.00 602.80 592.00 0.248 times
18 Fri Jul 2025 601.00 609.75 614.00 595.35 0.405 times
17 Thu Jul 2025 607.35 611.80 621.50 605.60 0.42 times
16 Wed Jul 2025 606.95 626.00 626.55 603.20 0.806 times
15 Tue Jul 2025 624.35 629.00 634.00 621.30 0.489 times
14 Mon Jul 2025 627.35 622.50 637.85 622.50 0.823 times
11 Fri Jul 2025 619.30 647.00 683.00 614.90 5.039 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 604.3, but if it comes above 604.3, then a intra day buy could be more profitable.
If you take a sell trade below 604.3, then use 604.3 as stoploss and 576.8 as target. However if you take a buy trade in stock , then use 604.3 as stoploss and 627.18 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 585.10
Upside Target 612.15
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 578.55
Downside Intraday Target 568.3
Upside Intraday Target 605.6
Upside Intraday Target 622.4
Upside Intraday Target 595.35

Weekly technical analysis of Elecon Engineering (ELECON)

Date Weekly Closing Price Open High Low Volume
24 Thu Jul 2025 588.80 601.00 612.15 585.10 0.408 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
24 Thu Jul 2025 588.80 658.00 683.00 585.10 1.19 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 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 gaining 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 getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 614.66 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.

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 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 gaining 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 getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 614.66 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.

Click here for Elecon Engineering charts

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Daily charts

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