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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 2025-08-04 View latest technical analysis

10 day averaged volume of Elecon Engineering is 355156

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Aug 2025	572.95	562.60	576.00	558.40	0.808 times
01 Fri Aug 2025	563.65	569.80	574.80	561.35	0.541 times
31 Thu Jul 2025	570.25	570.10	577.45	566.00	0.676 times
30 Wed Jul 2025	579.15	581.55	587.20	578.00	0.693 times
29 Tue Jul 2025	578.05	567.30	584.65	563.60	1.699 times
28 Mon Jul 2025	563.90	577.05	578.45	560.00	1.466 times
25 Fri Jul 2025	577.05	588.10	588.75	575.00	0.952 times
24 Thu Jul 2025	588.80	594.00	597.00	585.10	0.885 times
23 Wed Jul 2025	594.80	600.00	612.15	589.00	1.528 times
22 Tue Jul 2025	597.30	601.00	608.45	594.10	0.738 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 573.4, but if it comes above 573.4, then a intra day buy could be more profitable.
If you take a sell trade below 573.4, then use 573.4 as stoploss and 540.3 as target. However if you take a buy trade in stock , then use 573.4 as stoploss and 601.05 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	387.00
Downside Target	542.55
Downside Target	558.40
Downside Target	572.55
Upside Target	612.15
Upside Target	614.90
Upside Target	624.10
Upside Target	637.85
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	562.23
Downside Intraday Target	551.52
Upside Intraday Target	579.83
Upside Intraday Target	586.72
Downside Intraday Target	569.12

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Aug 2025	572.95	562.60	576.00	558.40	0.159 times
01 Fri Aug 2025	563.65	577.05	587.20	560.00	1.03 times
25 Fri Jul 2025	577.05	601.00	612.15	575.00	0.505 times
18 Fri Jul 2025	601.00	622.50	637.85	595.35	0.411 times
11 Fri Jul 2025	619.30	648.20	683.00	614.90	2.703 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
04 Mon Aug 2025	572.95	569.80	576.00	558.40	0.027 times
31 Thu Jul 2025	570.25	658.00	683.00	560.00	1.337 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

Scroll below to view daily charts

Price has moved up 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 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 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 gaining 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 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 buy signal for Elecon Engineering in short term but BUY 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

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 579.17 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.