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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 2025-07-03 View latest technical analysis

10 day averaged volume of Elecon Engineering is 794280

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Jul 2025	642.25	651.00	652.40	640.10	0.334 times
02 Wed Jul 2025	650.85	636.00	663.00	632.20	1.469 times
01 Tue Jul 2025	633.75	658.00	661.00	632.00	0.854 times
30 Mon Jun 2025	654.70	657.00	672.00	638.05	0.911 times
27 Fri Jun 2025	653.35	630.00	660.80	626.00	2.845 times
26 Thu Jun 2025	626.40	642.30	647.00	625.00	0.822 times
25 Wed Jun 2025	639.10	632.70	653.00	632.50	0.731 times
24 Tue Jun 2025	627.30	642.00	649.45	624.10	0.785 times
23 Mon Jun 2025	635.80	626.60	638.00	625.70	0.308 times
20 Fri Jun 2025	633.00	629.00	644.55	626.30	0.616 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 632.4 as stoploss in an intra day buy trade for a target of 654.09. However, stock will show a bearish move below 632.4.

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	624.10
Upside Target	660.80
Upside Target	672.00
Upside Target	676.25
Upside Target	701.50
Upside Target	704.50
Upside Target	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	625.5
Downside Intraday Target	608.75
Upside Intraday Target	665.5
Upside Intraday Target	688.75
Upside Intraday Target	648.75

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Jul 2025	642.25	657.00	672.00	632.00	0.65 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
13 Fri Jun 2025	669.70	695.00	704.50	641.80	0.684 times
06 Fri Jun 2025	694.30	664.00	716.25	664.00	1.323 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
03 Thu Jul 2025	642.25	658.00	663.00	632.00	0.16 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Elecon Engineering in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 643.65 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. 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.