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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 789396

Date Daily Closing Price Open High Low Volume
27 Tue May 2025 685.85 673.30 691.05 670.05 0.514 times
26 Mon May 2025 673.30 685.00 689.40 669.10 0.688 times
23 Fri May 2025 681.15 685.00 698.00 678.05 0.657 times
22 Thu May 2025 676.75 678.95 695.30 674.50 0.841 times
21 Wed May 2025 680.55 655.90 683.50 654.30 1.15 times
20 Tue May 2025 655.90 674.00 678.00 654.05 0.416 times
19 Mon May 2025 674.20 663.70 685.80 663.70 0.785 times
16 Fri May 2025 663.25 682.75 687.00 653.20 1.057 times
15 Thu May 2025 679.80 654.95 682.85 648.65 1.394 times
14 Wed May 2025 655.20 669.00 671.95 643.00 1.297 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 681.7, but if it comes below 681.7, then a intra day sell could be more profitable.
If you take a sell trade below 681.7, then use 681.7 as stoploss and 637.32 as target. However if you take a buy trade in stock , then use 681.7 as stoploss and 734.9 as target.

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 669.10
Upside Target 687.00
Upside Target 691.05
Upside Target 698.00

Intraday share price targets for Elecon Engineering (ELECON)

Target Type Value
Downside Intraday Target 672.95
Downside Intraday Target 660.05
Upside Intraday Target 694.9
Upside Intraday Target 703.95
Downside Intraday Target 682

Weekly technical analysis of Elecon Engineering (ELECON)

Date Weekly Closing Price Open High Low Volume
27 Tue May 2025 685.85 685.00 691.05 669.10 0.312 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 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
27 Tue May 2025 685.85 544.90 698.00 542.55 0.91 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 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 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 gaining momentum.

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

Elecon Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elecon Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 672.31 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.

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 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 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 gaining momentum.

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

Elecon Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elecon Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 672.31 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.

Click here for Elecon Engineering charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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