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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 2025-09-02 View latest technical analysis

10 day averaged volume of Elecon Engineering is 250031

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	558.90	555.00	565.35	552.30	0.865 times
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.67 times
29 Fri Aug 2025	552.30	538.65	557.10	538.20	0.784 times
28 Thu Aug 2025	538.65	555.60	557.45	536.00	1.081 times
26 Tue Aug 2025	555.55	574.00	574.00	552.05	1.27 times
25 Mon Aug 2025	574.40	558.05	577.30	555.05	1.345 times
22 Fri Aug 2025	556.15	563.70	568.20	555.05	0.541 times
21 Thu Aug 2025	564.10	578.95	579.75	563.35	0.84 times
20 Wed Aug 2025	577.30	575.30	583.55	569.40	1.047 times
19 Tue Aug 2025	575.30	562.50	576.45	557.70	1.437 times

My analysis of stock is bearish for shortterm, and stock might move down till 547.3 or till 533.3. Use a stoploss of 558.98 and if the stock hits stoploss, then it can shoot up till 570.64

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	552.15
Downside Intraday Target	545.4
Upside Intraday Target	565.5
Upside Intraday Target	572.1
Downside Intraday Target	558.75

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	558.90	560.00	565.35	552.00	0.343 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
02 Tue Sep 2025	558.90	560.00	565.35	552.00	0.077 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 red color and prices are in or above 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

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 562.2 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.