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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 2025-11-04 View latest technical analysis

10 day averaged volume of Elecon Engineering is 276362

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Nov 2025	565.30	556.05	570.80	555.15	0.835 times
03 Mon Nov 2025	557.65	561.45	570.45	555.00	1.041 times
31 Fri Oct 2025	561.45	571.95	574.80	559.40	0.607 times
30 Thu Oct 2025	568.80	560.90	572.20	558.00	0.997 times
29 Wed Oct 2025	560.00	553.00	563.15	551.30	0.872 times
28 Tue Oct 2025	557.15	556.00	565.80	552.20	1.113 times
27 Mon Oct 2025	557.80	569.10	573.95	555.10	0.945 times
24 Fri Oct 2025	569.10	565.00	572.00	558.20	0.906 times
23 Thu Oct 2025	564.75	557.95	574.90	548.00	2.269 times
21 Tue Oct 2025	553.70	550.00	555.40	549.00	0.469 times

My analysis of stock is bullish for shortterm, and stock might move up till 585 or till 611.7. Use a stoploss of 562.81 and if this stock hits its stoploss, then it can fall down till 540.58

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	527.90
Upside Target	570.80
Upside Target	574.80
Upside Target	574.90
Upside Target	583.55
Upside Target	626.00
Upside Target	634.90
Upside Target	683.00

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	556.6
Downside Intraday Target	547.9
Upside Intraday Target	572.4
Upside Intraday Target	579.5
Downside Intraday Target	563.7

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Nov 2025	565.30	561.45	570.80	555.00	0.414 times
31 Fri Oct 2025	561.45	569.10	574.80	551.30	1.024 times
24 Fri Oct 2025	569.10	541.00	574.90	538.85	0.54 times
17 Fri Oct 2025	541.40	550.00	558.15	527.90	0.365 times
10 Fri Oct 2025	556.85	584.55	626.00	543.20	4.267 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
04 Tue Nov 2025	565.30	561.45	570.80	555.00	0.043 times
31 Fri Oct 2025	561.45	568.00	626.00	527.90	0.959 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

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 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 short 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 short to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Elecon Engineering stock for short term is BUY. Signal strength is Weak 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 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 tired and bears 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 and BUY signal is strong.

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 562.23 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 negative.

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