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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 2025-09-29 View latest technical analysis

10 day averaged volume of Elecon Engineering is 392927

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Sep 2025	557.90	565.70	574.20	555.65	0.62 times
26 Fri Sep 2025	565.70	583.05	584.00	563.45	0.716 times
25 Thu Sep 2025	584.45	594.80	594.80	580.10	0.598 times
24 Wed Sep 2025	595.85	603.00	606.45	591.00	0.744 times
23 Tue Sep 2025	605.40	613.90	615.30	600.55	0.624 times
22 Mon Sep 2025	613.45	621.50	628.15	607.75	0.674 times
19 Fri Sep 2025	621.50	621.00	634.90	617.80	0.967 times
18 Thu Sep 2025	622.50	630.70	631.75	618.95	0.604 times
17 Wed Sep 2025	628.30	628.05	633.35	623.00	1.097 times
16 Tue Sep 2025	624.50	603.00	626.85	599.70	2.964 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 562.9, but if it comes above 562.9, then a intra day buy could be more profitable.
If you take a sell trade below 562.9, then use 562.9 as stoploss and 532 as target. However if you take a buy trade in stock , then use 562.9 as stoploss and 588.57 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Upside Target	595.50
Upside Target	614.60
Upside Target	624.10
Upside Target	628.15
Upside Target	634.90
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	550.97
Downside Intraday Target	544.03
Upside Intraday Target	569.52
Upside Intraday Target	581.13
Upside Intraday Target	562.58

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Sep 2025	557.90	565.70	574.20	555.65	0.185 times
26 Fri Sep 2025	565.70	621.50	628.15	563.45	0.505 times
19 Fri Sep 2025	621.50	600.50	634.90	595.50	0.362 times
12 Fri Sep 2025	600.50	553.80	614.60	553.80	8.624 times
05 Fri Sep 2025	553.80	560.00	572.00	549.60	0.746 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
29 Mon Sep 2025	557.90	560.00	634.90	549.60	2.466 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, and volume has increased substantially. This means that the move can 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 to mid 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 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 but the sell 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 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 and SELL 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 609.1 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 positive

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