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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 2025-09-01 View latest technical analysis

10 day averaged volume of Elecon Engineering is 254220

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.659 times
29 Fri Aug 2025	552.30	538.65	557.10	538.20	0.771 times
28 Thu Aug 2025	538.65	555.60	557.45	536.00	1.063 times
26 Tue Aug 2025	555.55	574.00	574.00	552.05	1.249 times
25 Mon Aug 2025	574.40	558.05	577.30	555.05	1.323 times
22 Fri Aug 2025	556.15	563.70	568.20	555.05	0.532 times
21 Thu Aug 2025	564.10	578.95	579.75	563.35	0.826 times
20 Wed Aug 2025	577.30	575.30	583.55	569.40	1.03 times
19 Tue Aug 2025	575.30	562.50	576.45	557.70	1.413 times
18 Mon Aug 2025	562.50	559.00	564.95	550.25	0.97 times

My analysis of stock is bearish for shortterm, and stock might move down till 547.5 or till 533.5. Use a stoploss of 559.22 and if the stock hits stoploss, then it can shoot up till 570.93

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Upside Target	571.50
Upside Target	577.30
Upside Target	578.70
Upside Target	583.55
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	550.65
Downside Intraday Target	546.35
Upside Intraday Target	560.6
Upside Intraday Target	566.25
Upside Intraday Target	556.3

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.15 times
29 Fri Aug 2025	552.30	558.05	577.30	536.00	0.924 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

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
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.034 times
29 Fri Aug 2025	552.30	569.80	583.55	535.00	0.281 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 562.51 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.