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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 601897

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	664.00	685.70	689.85	661.30	0.927 times
29 Thu May 2025	679.15	682.00	690.00	676.05	0.634 times
28 Wed May 2025	677.65	689.80	701.50	669.05	1.355 times
27 Tue May 2025	685.85	673.30	691.05	670.05	0.674 times
26 Mon May 2025	673.30	685.00	689.40	669.10	0.903 times
23 Fri May 2025	681.15	685.00	698.00	678.05	0.861 times
22 Thu May 2025	676.75	678.95	695.30	674.50	1.103 times
21 Wed May 2025	680.55	655.90	683.50	654.30	1.509 times
20 Tue May 2025	655.90	674.00	678.00	654.05	0.545 times
19 Mon May 2025	674.20	663.70	685.80	663.70	1.03 times

My analysis of stock is bullish for shortterm, and stock might move up till 685.3 or till 722.5. Use a stoploss of 654.37 and if this stock hits its stoploss, then it can fall down till 623.39

Share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Target	376.95
Downside Target	387.00
Downside Target	410.95
Downside Target	494.40
Downside Target	512.25
Downside Target	529.25
Downside Target	542.55
Downside Target	565.20
Downside Target	630.05
Downside Target	643.50
Downside Target	661.30
Upside Target	687.00
Upside Target	698.00
Upside Target	701.50

Intraday share price targets for Elecon Engineering (ELECON)

Target Type	Value
Downside Intraday Target	649.7
Downside Intraday Target	635.4
Upside Intraday Target	689.9
Upside Intraday Target	715.8
Upside Intraday Target	675.6

Weekly technical analysis of Elecon Engineering (ELECON)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	664.00	685.00	701.50	661.30	0.89 times
23 Fri May 2025	681.15	663.70	698.00	654.05	0.596 times
16 Fri May 2025	663.25	636.65	687.00	630.05	0.67 times
09 Fri May 2025	622.10	577.90	648.80	565.20	1.122 times
02 Fri May 2025	574.80	520.00	581.45	512.25	0.565 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
30 Fri May 2025	664.00	544.90	701.50	542.55	0.994 times
30 Wed Apr 2025	544.85	448.00	572.55	387.00	1.212 times
28 Fri Mar 2025	449.15	420.05	494.40	376.95	1.689 times
28 Fri Feb 2025	414.20	529.25	529.25	410.95	0.917 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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.

ADX buy sell signal for Elecon Engineering stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Elecon Engineering in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 675.65 and Elecon Engineering (ELECON) stock is trading below this level. This means that stock is falling with high volumes. 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.