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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 2025-09-08 View latest technical analysis

10 day averaged volume of Elecon Engineering is 209071

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Sep 2025	569.30	553.80	573.80	553.80	1.697 times
05 Fri Sep 2025	553.80	554.00	556.95	549.60	0.767 times
04 Thu Sep 2025	553.30	565.00	567.30	551.05	0.713 times
03 Wed Sep 2025	562.80	560.00	572.00	556.80	0.68 times
02 Tue Sep 2025	558.90	555.00	565.35	552.30	1.034 times
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.801 times
29 Fri Aug 2025	552.30	538.65	557.10	538.20	0.938 times
28 Thu Aug 2025	538.65	555.60	557.45	536.00	1.293 times
26 Tue Aug 2025	555.55	574.00	574.00	552.05	1.518 times
25 Mon Aug 2025	574.40	558.05	577.30	555.05	1.608 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 569, but if it comes below 569, then a intra day sell could be more profitable.
If you take a sell trade below 569, then use 569 as stoploss and 557.89 as target. However if you take a buy trade in stock , then use 569 as stoploss and 582.3 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Upside Target	571.50
Upside Target	573.80
Upside Target	577.30
Upside Target	583.55
Upside Target	624.10
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	557.47
Downside Intraday Target	545.63
Upside Intraday Target	577.47
Upside Intraday Target	585.63
Downside Intraday Target	565.63

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Sep 2025	569.30	553.80	573.80	553.80	0.425 times
05 Fri Sep 2025	553.80	560.00	572.00	549.60	0.746 times
29 Fri Aug 2025	552.30	558.05	577.30	536.00	0.924 times
22 Fri Aug 2025	556.15	559.00	583.55	550.25	1.053 times
14 Thu Aug 2025	552.50	535.00	571.50	535.00	0.904 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
08 Mon Sep 2025	569.30	560.00	573.80	549.60	0.24 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
30 Mon Jun 2025	654.70	664.00	716.25	624.10	0.634 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elecon Engineering in short term and BUY signal is strong.

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 558.6 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.