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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 2025-09-10 View latest technical analysis

10 day averaged volume of Elecon Engineering is 216420

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Sep 2025	600.80	561.00	614.60	561.00	25.646 times
09 Tue Sep 2025	559.90	569.50	569.50	557.15	0.879 times
08 Mon Sep 2025	569.30	553.80	573.80	553.80	1.639 times
05 Fri Sep 2025	553.80	554.00	556.95	549.60	0.741 times
04 Thu Sep 2025	553.30	565.00	567.30	551.05	0.689 times
03 Wed Sep 2025	562.80	560.00	572.00	556.80	0.657 times
02 Tue Sep 2025	558.90	555.00	565.35	552.30	0.999 times
01 Mon Sep 2025	554.95	560.00	561.95	552.00	0.774 times
29 Fri Aug 2025	552.30	538.65	557.10	538.20	0.906 times
28 Thu Aug 2025	538.65	555.60	557.45	536.00	1.249 times

Stock of Elecon Engineering (ELECON) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 590.7, for a target of 574.9 or 561.79

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Downside Target	571.50
Downside Target	577.30
Downside Target	583.55
Upside Target	614.60
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	564.87
Downside Intraday Target	528.93
Upside Intraday Target	625.67
Upside Intraday Target	650.53
Downside Intraday Target	589.73

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Sep 2025	600.80	553.80	614.60	553.80	7.296 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elecon Engineering (ELECON)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Sep 2025	600.80	560.00	614.60	549.60	1.4 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 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 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 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.

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 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 BUY signal in short term and the buying is gaining 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 589.71 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.