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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.

10 day averaged volume of Elecon Engineering is 1153945

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Jul 2025	627.35	622.50	637.85	622.50	0.838 times
11 Fri Jul 2025	619.30	647.00	683.00	614.90	5.136 times
10 Thu Jul 2025	648.70	675.00	677.55	643.00	1.107 times
09 Wed Jul 2025	660.35	644.00	665.00	636.30	0.536 times
08 Tue Jul 2025	640.25	648.00	650.90	630.00	0.278 times
07 Mon Jul 2025	646.60	648.20	656.50	638.85	0.243 times
04 Fri Jul 2025	646.10	644.15	650.95	640.45	0.245 times
03 Thu Jul 2025	642.25	651.00	652.40	640.10	0.23 times
02 Wed Jul 2025	650.85	636.00	663.00	632.20	1.011 times
01 Tue Jul 2025	633.75	658.00	661.00	632.00	0.588 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 629.6, but if it comes above 629.6, then a intra day buy could be more profitable.
If you take a sell trade below 629.6, then use 629.6 as stoploss and 616.7 as target. However if you take a buy trade in stock , then use 629.6 as stoploss and 640.33 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	614.90
Upside Target	660.80
Upside Target	672.00
Upside Target	676.25
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	620.62
Downside Intraday Target	613.88
Upside Intraday Target	635.97
Upside Intraday Target	644.58
Upside Intraday Target	629.23

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Jul 2025	627.35	622.50	637.85	622.50	0.115 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
20 Fri Jun 2025	633.00	668.10	676.25	626.30	0.848 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
14 Mon Jul 2025	627.35	658.00	683.00	614.90	0.894 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Elecon Engineering in short term but the sell signal is initial and weak.

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 moving up

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 631.63 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.