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 290058

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Oct 2025	561.45	571.95	574.80	559.40	0.578 times
30 Thu Oct 2025	568.80	560.90	572.20	558.00	0.95 times
29 Wed Oct 2025	560.00	553.00	563.15	551.30	0.831 times
28 Tue Oct 2025	557.15	556.00	565.80	552.20	1.06 times
27 Mon Oct 2025	557.80	569.10	573.95	555.10	0.901 times
24 Fri Oct 2025	569.10	565.00	572.00	558.20	0.863 times
23 Thu Oct 2025	564.75	557.95	574.90	548.00	2.162 times
21 Tue Oct 2025	553.70	550.00	555.40	549.00	0.446 times
20 Mon Oct 2025	543.65	541.00	547.30	538.85	0.746 times
17 Fri Oct 2025	541.40	540.05	543.10	536.00	1.076 times

My analysis of stock is bearish for shortterm, and stock might move down till 541.8 or till 512.8. Use a stoploss of 566.02 and if the stock hits stoploss, then it can shoot up till 590.2

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	574.80
Upside Target	574.90
Upside Target	583.55
Upside Target	592.85
Upside Target	624.10
Upside Target	626.00
Upside Target	634.90
Upside Target	683.00
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	550.23
Downside Intraday Target	539.02
Upside Intraday Target	573.73
Upside Intraday Target	586.02
Upside Intraday Target	562.52

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Oct 2025	561.45	569.10	574.80	551.30	1.024 times
24 Fri Oct 2025	569.10	541.00	574.90	538.85	0.54 times
17 Fri Oct 2025	541.40	550.00	558.15	527.90	0.365 times
10 Fri Oct 2025	556.85	584.55	626.00	543.20	4.267 times
03 Fri Oct 2025	584.55	565.70	592.85	555.65	1.104 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
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
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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short 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.

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Elecon Engineering stock for short term is BUY. 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.

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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 558.68 and Elecon Engineering (ELECON) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.