505700 NEWS why is Elecon Eng price falling or rising
505700 NEWS reasons for why stock price of Elecon Eng is falling or rising
505700 Elecon Eng is falling or rising technical reasons
Technical analysis forecast for Elecon Eng Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elecon Eng 505700 at this time. Stock is falling and might fall more.
It appears as if Elecon Eng 505700 gave a large move recently.
Stock of Elecon Eng (505700) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Elecon Eng is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 417.1 as stoploss in an intra day buy trade for a target of 427.85. However, stock will show a bearish move below 417.1.
505700 Elecon Eng is falling or rising NEWS fundamental reasons
Volumes spurt at Elecon Engineering Company Ltd counter Elecon Engineering Company Ltd registered volume of 65.92 lakh shares by 14:14 IST on NSE, a 20.92 fold spurt over two-week average daily volume of 3.15 lakh shares - NEWS as on 2026-09-03 business-standard.com
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505700 Elecon Eng current price & indicator signals
Recent prices of 505700 Elecon Eng are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 11 Fri Sep 2026 | 422.10 | 412.25 to 425.25 | 0.39% | 0.23 times |
| 10 Thu Sep 2026 | 420.45 | 418.10 to 423.20 | -0.02% | 0.24 times |
| 09 Wed Sep 2026 | 420.55 | 417.00 to 427.65 | -0.2% | 0.63 times |
| 08 Tue Sep 2026 | 421.40 | 420.10 to 428.30 | -1.36% | 0.4 times |
| 07 Mon Sep 2026 | 427.20 | 422.90 to 436.90 | -1.41% | 0.34 times |
| 04 Fri Sep 2026 | 433.30 | 429.00 to 442.80 | -0.64% | 2.45 times |
| 03 Thu Sep 2026 | 436.10 | 418.25 to 456.95 | 4.84% | 4.3 times |
| 02 Wed Sep 2026 | 415.95 | 406.90 to 418.00 | 0.84% | 0.56 times |
| 01 Tue Sep 2026 | 412.50 | 408.80 to 419.10 | 0.08% | 0.62 times |
| 31 Mon Aug 2026 | 412.15 | 410.10 to 426.90 | -2.96% | 0.2 times |
| 28 Fri Aug 2026 | 424.70 | 420.05 to 428.00 | 0.35% | 0.25 times |
| 27 Thu Aug 2026 | 423.20 | 421.55 to 429.00 | -0.48% | 0.27 times |
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