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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 2025-08-28 View latest technical analysis

10 day averaged volume of Elecon Engineering is 276631

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	538.65	555.60	557.45	536.00	0.977 times
26 Tue Aug 2025	555.55	574.00	574.00	552.05	1.148 times
25 Mon Aug 2025	574.40	558.05	577.30	555.05	1.215 times
22 Fri Aug 2025	556.15	563.70	568.20	555.05	0.489 times
21 Thu Aug 2025	564.10	578.95	579.75	563.35	0.759 times
20 Wed Aug 2025	577.30	575.30	583.55	569.40	0.946 times
19 Tue Aug 2025	575.30	562.50	576.45	557.70	1.299 times
18 Mon Aug 2025	562.50	559.00	564.95	550.25	0.891 times
14 Thu Aug 2025	552.50	569.95	570.35	550.00	0.757 times
13 Wed Aug 2025	567.80	545.45	571.50	545.15	1.746 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 533.9, for a target of 548.9 or 561.32

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	387.00
Downside Target	535.00
Upside Target	571.50
Upside Target	578.70
Upside Target	583.55
Upside Target	587.20
Upside Target	624.10
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	524
Downside Intraday Target	509.35
Upside Intraday Target	565.3
Upside Intraday Target	591.95
Upside Intraday Target	550.65

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	538.65	558.05	577.30	536.00	0.762 times
22 Fri Aug 2025	556.15	559.00	583.55	550.25	1.053 times
14 Thu Aug 2025	552.50	535.00	571.50	535.00	0.904 times
08 Fri Aug 2025	541.05	562.60	578.70	535.00	0.707 times
01 Fri Aug 2025	563.65	577.05	587.20	560.00	1.03 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
28 Thu Aug 2025	538.65	569.80	583.55	535.00	0.27 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 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

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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Elecon Engineering in short term but the buy 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 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 SELL signal in short term and selling is picking up 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 563.83 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.