Elecon Engineering (ELECON) Technical (Analysis) Reports Elecon Engineering ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Elecon Engineering (ELECON)
Technical Analysis Report for NSE stock ELECON Elecon Engineering. Dated: 23 Mar 2026 Updated Daily. Stock trades under Industrial Machinery in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock ELECON Elecon Engineering then click here. or read Experts views on Elecon Engineering or Forecast & share price targets of Elecon Engineering
Elecon Engineering Opened at 388.85 and Closed at: 379.05, which is -2.85% of previous session's close. It moved within a range of 372.50 and 388.85
The session was a Bearish session with an average volume of 416909, which is -98.91% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
Support for tomorrow is 367.6 and resistance for tomorrow is 383.95
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 371.42, 363.78 resistance for tomorrow's hourly charts is 387.77, 396.48
10 Day SMA for Elecon Engineering (ELECON) is 388.34 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Elecon Engineering (ELECON) is 400.29 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Elecon Engineering (ELECON) is 410.11 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 457.53 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Elecon Engineering is 527.22 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Elecon Engineering is at 400.29 and 200 DMA is at 527.22, while 50 DMA and 100 DMA are at 410.11 and 457.53 respectively
Elecon Engineering (ELECON) moving average of 20 SMA is at 400.29 and 20 EMA is at 398.75
| Date | Closing Price | 20 SMA | 20 EMA |
| 23 Mon Mar | 379.05 | 400.29 | 398.75 |
| 20 Fri Mar | 389.85 | 402.41 | 400.82 |
| 19 Thu Mar | 383.35 | 404.16 | 401.97 |
| 18 Wed Mar | 397.75 | 406.95 | 403.93 |
| 17 Tue Mar | 382.80 | 409.1 | 404.58 |
| 16 Mon Mar | 375.65 | 411.68 | 406.87 |
Elecon Engineering (ELECON) moving average of 50 SMA is at 410.11 and 50 EMA is at 420.1
| Date | Closing Price | 50 SMA | 50 EMA |
| 23 Mon Mar | 379.05 | 410.11 | 420.1 |
| 20 Fri Mar | 389.85 | 412.6 | 421.78 |
| 19 Thu Mar | 383.35 | 415.16 | 423.08 |
| 18 Wed Mar | 397.75 | 417.08 | 424.7 |
| 17 Tue Mar | 382.80 | 419.08 | 425.8 |
| 16 Mon Mar | 375.65 | 421.44 | 427.55 |
Elecon Engineering (ELECON) moving average of 100 SMA is at 457.53 and 100 EMA is at 453.11
| Date | Closing Price | 100 SMA | 100 EMA |
| 23 Mon Mar | 379.05 | 457.53 | 453.11 |
| 20 Fri Mar | 389.85 | 459.31 | 454.61 |
| 19 Thu Mar | 383.35 | 460.99 | 455.92 |
| 18 Wed Mar | 397.75 | 462.85 | 457.39 |
| 17 Tue Mar | 382.80 | 464.52 | 458.59 |
| 16 Mon Mar | 375.65 | 466.23 | 460.12 |
Elecon Engineering (ELECON) moving average of 200 SMA is at 527.22 and 200 EMA is at 495.3
| Date | Closing Price | 200 SMA | 200 EMA |
| 23 Mon Mar | 379.05 | 527.22 | 495.3 |
| 20 Fri Mar | 389.85 | 528.85 | 496.47 |
| 19 Thu Mar | 383.35 | 530.35 | 497.55 |
| 18 Wed Mar | 397.75 | 531.94 | 498.7 |
| 17 Tue Mar | 382.80 | 533.27 | 499.72 |
| 16 Mon Mar | 375.65 | 534.75 | 500.9 |
W S has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in W S, about 5.85% more returns!
Wendt India has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Wendt India, about 6.8% more returns!
Timken India has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Timken India, about 7.27% more returns!
Cummins India has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Cummins India, about 3.59% more returns!
Dynamatic Technologies has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Dynamatic Technologies, about 4.67% more returns!
Eimco Elecon has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Eimco Elecon, about 4.74% more returns!
Elecon Engineering has performed better than Elgi Equipments in short term. Holding Elecon Engineering could be a better choice for now!
Elecon Engineering has performed better than Greaves Cotton in short term. Holding Elecon Engineering could be a better choice for now!
Elecon Engineering has performed better than Honda Siel in short term. Holding Elecon Engineering could be a better choice for now!
Elecon Engineering has performed better than Ingersoll Rand in short term. Holding Elecon Engineering could be a better choice for now!
Kirloskar Brothers has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Kirloskar Brothers, about 2.85% more returns!
Lokesh Machines has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Lokesh Machines, about 16.82% more returns!
Elecon Engineering has performed better than Manugraph India in short term. Holding Elecon Engineering could be a better choice for now!
Elecon Engineering has performed better than Nrb Bearing in short term. Holding Elecon Engineering could be a better choice for now!
Elecon Engineering has performed better than Shakti Pumps in short term. Holding Elecon Engineering could be a better choice for now!
Texmaco Infrastructure has performed better than Elecon Engineering in short term. You could have earned much better returns by investing in Texmaco Infrastructure, about 4.79% more returns!
Elecon Engineering Technical analysis of indicators
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.
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.
Elecon Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 387.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock ELECON Elecon Engineering These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And ELECON Experts View which covers a lot of information including buying and selling signals
ELECON future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Elecon Engineering or View Candle Stick Charts here
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