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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 2025-10-03 View latest technical analysis

10 day averaged volume of Elecon Engineering is 307383

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Oct 2025	584.55	586.85	591.60	578.00	1.034 times
01 Wed Oct 2025	586.85	568.00	592.85	567.90	2.163 times
30 Tue Sep 2025	567.90	558.80	571.65	558.50	0.746 times
29 Mon Sep 2025	557.90	565.70	574.20	555.65	0.793 times
26 Fri Sep 2025	565.70	583.05	584.00	563.45	0.915 times
25 Thu Sep 2025	584.45	594.80	594.80	580.10	0.765 times
24 Wed Sep 2025	595.85	603.00	606.45	591.00	0.952 times
23 Tue Sep 2025	605.40	613.90	615.30	600.55	0.798 times
22 Mon Sep 2025	613.45	621.50	628.15	607.75	0.861 times
19 Fri Sep 2025	621.50	621.00	634.90	617.80	1.236 times

My analysis of stock is bearish for shortterm, and stock might move down till 568.7 or till 541. Use a stoploss of 591.79 and if the stock hits stoploss, then it can shoot up till 614.89

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Downside Target	549.60
Downside Target	583.55
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	716.25

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	562.52
Downside Intraday Target	540.48
Upside Intraday Target	599.72
Upside Intraday Target	614.88
Downside Intraday Target	577.68

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Oct 2025	584.55	565.70	592.85	555.65	1.104 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 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
03 Fri Oct 2025	584.55	568.00	592.85	567.90	0.079 times
30 Tue Sep 2025	567.90	560.00	634.90	549.60	2.513 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

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 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 BUY. Signal strength is Weak and stock is losing 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 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Elecon Engineering in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 589.62 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.