Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-10-16 View latest technical analysis

10 day averaged volume of Elecon Engineering is 886673

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Oct 2025	543.05	545.00	551.85	541.50	0.316 times
15 Wed Oct 2025	542.25	531.60	544.00	528.30	0.385 times
14 Tue Oct 2025	531.40	551.95	558.15	527.90	0.812 times
13 Mon Oct 2025	551.75	550.00	555.35	547.15	0.69 times
10 Fri Oct 2025	556.85	607.00	608.85	543.20	4.263 times
09 Thu Oct 2025	603.85	610.00	616.30	601.55	0.45 times
08 Wed Oct 2025	606.70	622.70	623.00	604.00	0.552 times
07 Tue Oct 2025	619.65	608.40	626.00	596.60	1.15 times
06 Mon Oct 2025	602.50	584.55	604.80	581.15	0.589 times
03 Fri Oct 2025	584.55	586.85	591.60	578.00	0.358 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 554.8, but if it comes above 554.8, then a intra day buy could be more profitable.
If you take a sell trade below 554.8, then use 554.8 as stoploss and 520.8 as target. However if you take a buy trade in stock , then use 554.8 as stoploss and 583.2 as target.

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	583.55
Upside Target	595.50
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	527.92
Downside Intraday Target	512.78
Upside Intraday Target	558.17
Upside Intraday Target	573.28
Downside Intraday Target	543.03

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Oct 2025	543.05	550.00	558.15	527.90	0.315 times
10 Fri Oct 2025	556.85	584.55	626.00	543.20	4.267 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

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
16 Thu Oct 2025	543.05	568.00	626.00	527.90	0.735 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 down 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elecon Engineering in short term and the sell signal is strong.

Elecon Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 569.76 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 negative.

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