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(EleconEng) Elecon Eng complete technical analysis [charts+indicators] | Buy/Sell Elecon Eng | (EleconEng) share price targets

Complete technical analysis of Elecon Eng (EleconEng) by charts plus indicators, forecast predictions and share price targets for Elecon Eng (EleconEng)

10 day averaged volume of Elecon Eng is 70841

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Mar 2025	449.10	469.45	469.60	443.50	1.049 times
26 Wed Mar 2025	459.20	435.90	471.45	430.55	1.731 times
25 Tue Mar 2025	437.55	459.90	462.05	435.30	0.69 times
24 Mon Mar 2025	457.25	449.95	493.85	438.05	2.223 times
21 Fri Mar 2025	440.05	420.75	459.95	420.75	1.195 times
20 Thu Mar 2025	425.90	439.55	443.70	421.85	1.045 times
19 Wed Mar 2025	431.55	419.15	432.65	415.70	0.825 times
18 Tue Mar 2025	415.50	392.90	421.00	392.90	0.637 times
17 Mon Mar 2025	390.25	392.90	398.00	387.60	0.69 times
13 Thu Mar 2025	391.15	409.40	409.40	389.30	0.519 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 443.2, but if it comes below 443.2, then a intra day sell could be more profitable.
If you take a sell trade below 443.2, then use 443.2 as stoploss and 421.36 as target. However if you take a buy trade in stock , then use 443.2 as stoploss and 469.5 as target.

Share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Target	378.35
Downside Target	387.60
Downside Target	408.40
Downside Target	430.55
Downside Target	445.00
Upside Target	491.60
Upside Target	503.00
Upside Target	529.95
Upside Target	530.55
Upside Target	577.80
Upside Target	613.15
Upside Target	643.70
Upside Target	672.40

Intraday share price targets for Elecon Eng (EleconEng)

Target Type	Value
Downside Intraday Target	421.82
Downside Intraday Target	394.53
Upside Intraday Target	485.12
Upside Intraday Target	521.13
Upside Intraday Target	457.83

Weekly technical analysis of Elecon Eng (EleconEng)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Mar 2025	449.10	449.95	493.85	430.55	1.296 times
21 Fri Mar 2025	440.05	392.90	459.95	387.60	2.894 times
13 Thu Mar 2025	391.15	452.45	452.45	389.30	0.564 times
07 Fri Mar 2025	437.50	424.45	445.00	378.35	2.266 times
28 Fri Feb 2025	412.45	491.60	491.60	408.40	0.618 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 Eng (EleconEng)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Mar 2025	449.10	424.45	493.85	378.35	1.635 times
28 Fri Feb 2025	412.45	529.95	529.95	408.40	1.109 times
31 Fri Jan 2025	531.80	633.50	643.70	503.00	0.649 times
31 Tue Dec 2024	634.75	586.05	672.40	577.80	1.813 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elecon Eng (EleconEng)

Price action analysis of Elecon Eng ( (EleconEng) ) 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 Eng ( (EleconEng) ) 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 Eng ( (EleconEng) ) 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 Eng ( (EleconEng) ) 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 Eng stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Elecon Eng 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 Eng 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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Elecon Eng in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 438.35 and Elecon Eng (EleconEng) 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 Eng (EleconEng) stock. Volume based technical analysis of Elecon Eng (EleconEng) stock is negative.

Elecon Eng 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.