Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Elecon Engineering is 261479

Date Daily Closing Price Open High Low Volume
10 Wed Dec 2025 474.45 478.75 488.55 472.00 0.683 times
09 Tue Dec 2025 476.95 470.75 479.30 461.00 0.89 times
08 Mon Dec 2025 473.10 474.80 476.55 465.95 1.179 times
05 Fri Dec 2025 474.45 479.50 482.70 471.00 0.868 times
04 Thu Dec 2025 479.50 484.00 491.50 477.75 0.648 times
03 Wed Dec 2025 482.20 485.00 488.85 474.25 1.657 times
02 Tue Dec 2025 487.85 488.10 492.20 485.55 0.715 times
01 Mon Dec 2025 491.20 503.00 505.70 489.55 1.065 times
28 Fri Nov 2025 504.45 502.05 513.70 496.80 1.455 times
27 Thu Nov 2025 499.55 507.50 507.50 495.90 0.675 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 479.3, but if it comes above 479.3, then a intra day buy could be more profitable.
If you take a sell trade below 479.3, then use 479.3 as stoploss and 449.6 as target. However if you take a buy trade in stock , then use 479.3 as stoploss and 504.11 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type Value
Downside Target 461.00
Downside Target 471.00
Upside Target 486.00
Upside Target 505.70
Upside Target 527.90
Upside Target 549.60
Upside Target 552.85
Upside Target 553.30
Upside Target 570.80
Upside Target 583.55
Upside Target 626.00
Upside Target 634.90

Intraday share price targets for Elecon Engineering (ELECON)

Target Type Value
Downside Intraday Target 460.78
Downside Intraday Target 447.12
Upside Intraday Target 488.33
Upside Intraday Target 502.22
Upside Intraday Target 474.67

Weekly technical analysis of Elecon Engineering (ELECON)

Date Weekly Closing Price Open High Low Volume
10 Wed Dec 2025 474.45 474.80 488.55 461.00 0.555 times
05 Fri Dec 2025 474.45 503.00 505.70 471.00 0.748 times
28 Fri Nov 2025 504.45 514.90 517.20 486.00 1.248 times
21 Fri Nov 2025 514.35 535.65 552.85 510.00 0.853 times
14 Fri Nov 2025 535.65 539.00 553.30 510.00 1.491 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
10 Wed Dec 2025 474.45 503.00 505.70 461.00 0.345 times
28 Fri Nov 2025 504.45 561.45 570.80 486.00 0.489 times
31 Fri Oct 2025 561.45 568.00 626.00 527.90 0.959 times
30 Tue Sep 2025 567.90 560.00 634.90 549.60 2.513 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 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 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.

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 coming down

CCI has generated a buy signal for Elecon Engineering in short term but BUY signal is weak.

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 485.1 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 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 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.

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 coming down

CCI has generated a buy signal for Elecon Engineering in short term but BUY signal is weak.

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 485.1 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme