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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 2025-10-07 View latest technical analysis

10 day averaged volume of Elecon Engineering is 329662

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Oct 2025	619.65	608.40	626.00	596.60	3.092 times
06 Mon Oct 2025	602.50	584.55	604.80	581.15	1.585 times
03 Fri Oct 2025	584.55	586.85	591.60	578.00	0.964 times
01 Wed Oct 2025	586.85	568.00	592.85	567.90	2.017 times
30 Tue Sep 2025	567.90	558.80	571.65	558.50	0.696 times
29 Mon Sep 2025	557.90	565.70	574.20	555.65	0.739 times
26 Fri Sep 2025	565.70	583.05	584.00	563.45	0.853 times
25 Thu Sep 2025	584.45	594.80	594.80	580.10	0.713 times
24 Wed Sep 2025	595.85	603.00	606.45	591.00	0.887 times
23 Tue Sep 2025	605.40	613.90	615.30	600.55	0.744 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 618.1, but if it comes below 618.1, then a intra day sell could be more profitable.
If you take a sell trade below 618.1, then use 618.1 as stoploss and 596.74 as target. However if you take a buy trade in stock , then use 618.1 as stoploss and 643.7 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	535.00
Downside Target	549.60
Downside Target	581.15
Downside Target	614.60
Upside Target	624.10
Upside Target	626.00
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	591.87
Downside Intraday Target	564.08
Upside Intraday Target	636.72
Upside Intraday Target	653.78
Downside Intraday Target	608.93

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Oct 2025	619.65	584.55	626.00	581.15	1.059 times
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

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
07 Tue Oct 2025	619.65	568.00	626.00	567.90	0.203 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 594.29 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.