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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.

10 day averaged volume of Elecon Engineering is 283994

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	586.85	568.00	592.85	567.90	2.341 times
30 Tue Sep 2025	567.90	558.80	571.65	558.50	0.807 times
29 Mon Sep 2025	557.90	565.70	574.20	555.65	0.858 times
26 Fri Sep 2025	565.70	583.05	584.00	563.45	0.991 times
25 Thu Sep 2025	584.45	594.80	594.80	580.10	0.828 times
24 Wed Sep 2025	595.85	603.00	606.45	591.00	1.03 times
23 Tue Sep 2025	605.40	613.90	615.30	600.55	0.863 times
22 Mon Sep 2025	613.45	621.50	628.15	607.75	0.932 times
19 Fri Sep 2025	621.50	621.00	634.90	617.80	1.338 times
18 Thu Sep 2025	622.50	630.70	631.75	618.95	0.835 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 bearish for shortterm, and stock might move down till 565.7 or till 536.2. Use a stoploss of 590.22 and if the stock hits stoploss, then it can shoot up till 614.77

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	564.05
Downside Intraday Target	541.25
Upside Intraday Target	601.25
Upside Intraday Target	615.65
Downside Intraday Target	578.45

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	586.85	565.70	592.85	555.65	0.863 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
01 Wed Oct 2025	586.85	568.00	592.85	567.90	0.053 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 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 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 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 in or above 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 BUY signal in short term and the buying is gaining 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 592.69 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.