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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 2025-04-07 View latest technical analysis

10 day averaged volume of Elecon Engineering is 937585

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	415.60	403.80	418.70	387.00	0.627 times
04 Fri Apr 2025	434.25	457.00	457.10	430.10	0.387 times
03 Thu Apr 2025	455.10	447.00	458.40	446.35	0.293 times
02 Wed Apr 2025	451.05	450.80	454.05	435.10	0.323 times
01 Tue Apr 2025	445.95	448.00	456.00	442.15	0.328 times
28 Fri Mar 2025	449.15	466.95	469.95	444.05	0.607 times
27 Thu Mar 2025	461.00	455.00	465.95	441.75	0.966 times
26 Wed Mar 2025	460.30	439.00	471.00	430.60	2.234 times
25 Tue Mar 2025	437.35	459.95	462.80	435.40	0.686 times
24 Mon Mar 2025	457.15	447.00	494.40	439.60	2.975 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 408.5 as stoploss in an intra day buy trade for a target of 430.79. However, stock will show a bearish move below 408.5.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	385.60
Downside Target	410.95
Upside Target	430.10
Upside Target	447.90
Upside Target	458.40
Upside Target	494.40
Upside Target	502.05
Upside Target	529.25
Upside Target	578.35
Upside Target	643.50
Upside Target	672.55

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	395.5
Downside Intraday Target	375.4
Upside Intraday Target	427.2
Upside Intraday Target	438.8
Downside Intraday Target	407.1

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	415.60	403.80	418.70	387.00	0.471 times
04 Fri Apr 2025	434.25	448.00	458.40	430.10	0.178 times
28 Fri Mar 2025	449.15	447.00	494.40	430.60	1.921 times
21 Fri Mar 2025	439.95	395.70	459.95	385.60	2.001 times
13 Thu Mar 2025	391.10	442.00	447.90	388.80	0.38 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
07 Mon Apr 2025	415.60	448.00	458.40	387.00	0.106 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 times
28 Fri Feb 2025	414.20	529.25	529.25	410.95	0.917 times
31 Fri Jan 2025	532.40	634.60	643.50	502.05	1.046 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elecon Engineering ( (ELECON) ) based on a short to mid 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 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 gaining momentum.

MACD generated a BUY signal for Elecon Engineering in short term but the buy 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 coming down

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 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 451.97 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.