Elecon Engineering Company Ltd
₹493.05
+6.15 (1.26%)
Fri, 23 Oct 2026, 11:58 am
Elecon Engineering Company Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 457.85 | 444.80 | 436.50 | 431.75 | 423.45 | 418.70 | 405.65 |
| Fibonacci | 444.80 | 439.81 | 436.74 | 431.75 | 426.76 | 423.69 | 418.70 |
| Camarilla | 431.79 | 430.59 | 429.40 | 431.75 | 427.00 | 425.81 | 424.61 |
Pivots Level: Classic
R3
+26.10
457.85
R2
+13.05
444.80
R1
+4.75
436.50
S1
-8.30
423.45
S2
-13.05
418.70
S3
-26.10
405.65
Pivots Level: camarilla
R3
+0.04
431.79
R2
+1.16
430.59
R1
+2.35
429.40
S1
-4.75
427.00
S2
-5.94
425.81
S3
-7.14
424.61
Moving Average
Period
Value
10-EMA
412.46
20-EMA
412.51
30-EMA
414.65
50-EMA
420.21
100-EMA
431.57
200-EMA
440.28
Technical Indicators
Period
Value
ADX
30.95
ADX+DI
28.90
ADX+DI[1]
27.93
ADX-DI
17.87
ADX-DI[1]
20.27
AO
-2.94
AO[1]
-4.80
AO[2]
-6.02
BBPower
10.27
CCI20
268.06
CCI20[1]
195.24
HullMA9
414.93
Ichimoku.BLine
415.65
MACD.macd
-1.54
MACD.signal
-3.51
Mom
11.90
Mom[1]
6.95
RSI
61.74
RSI[1]
54.36
Rec.BBPower
0
Rec.HullMA9
1
Rec.Ichimoku
0
Rec.Stoch.RSI
0
Rec.UO
0
Rec.VWMA
1
Rec.WR
0
Recommend.All
0.22
Recommend.MA
0.27
Recommend.Other
0.18
Stoch.D
69.46
Stoch.D[1]
55.16
Stoch.K
79.28
Stoch.K[1]
54.74
Stoch.RSI.K
93.82
UO
62.85
VWMA
412.35
W.R
-1.44
close
420.25
Elecon Engineering Company Ltd Technical Analysis
Elecon Engineering Company Ltd technical analysis is gaining attention among traders and investors tracking Elecon Engineering Company Ltd Technical Analysis trends in the Indian stock market. Elecon Engineering Company Ltd (NSE: ELECON, BSE: 505700) is currently trading at ₹493.05, showing a 1.26% move as of Fri, Oct 23, 2026.
This detailed Elecon Engineering Company Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.
Elecon Engineering Company Ltd Stock Overview
Elecon Engineering Company Ltd operates in the Producer manufacturing sector under the Electrical products industry. With a market capitalization of ₹10922.67Cr and a PE ratio of 45.22, Elecon Engineering Company Ltd remains a key stock to watch in Elecon Engineering Company Ltd Technical Analysis searches.
Key Metrics
- Market Cap: ₹10922.67Cr
- PE Ratio: 45.22
- Dividend Yield: 0.41
- Sector: Producer manufacturing
- Industry: Electrical products
These fundamentals play an important role in Elecon Engineering Company Ltd technical analysis and valuation tracking.
Elecon Engineering Company Ltd Support and Resistance Levels
Classic Pivot Levels
In Elecon Engineering Company Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.
- Resistance 3: 625.43
- Resistance 2: 538.33
- Resistance 1: 500.07
- Pivot Point: 451.23
- Support 1: 412.97
- Support 2: 364.13
- Support 3: 277.03
Conditional Insight
Elecon Engineering Company Ltd technical analysis indicates a bullish bias as the price is trading above the pivot point. Traders may look for upside targets near 500.07 and 538.33.
Fibonacci Levels Analysis
Fibonacci levels are widely used in Elecon Engineering Company Ltd technical analysis to identify retracement zones.
- Fibonacci R3: 538.33
- Fibonacci R2: 505.06
- Fibonacci R1: 484.51
- Fibonacci Pivot: 451.23
- Fibonacci S1: 417.96
- Fibonacci S2: 397.41
- Fibonacci S3: 364.13
Elecon Engineering Company Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.
Elecon Engineering Company Ltd Moving Average Analysis
Moving averages are key indicators in Elecon Engineering Company Ltd technical analysis for identifying trend direction.
- 10 EMA: 443.13
- 20 EMA: 443.82
- 30 EMA: 442.93
- 50 EMA: 444.38
- 100 EMA: 452.39
- 200 EMA: 467.38
Trend Logic
Elecon Engineering Company Ltd technical analysis suggests a short-term bullish trend as the price trades above the 50 EMA.
Long-term trend in Elecon Engineering Company Ltd technical analysis remains positive above 200 EMA.
Elecon Engineering Company Ltd Technical Indicators Overview
Momentum Indicators
- RSI: 42.41
- MACD: 0.67
- Signal: 3.89
- ADX: 19.63
- Momentum: -0.75
RSI Logic
Elecon Engineering Company Ltd technical analysis shows RSI in neutral range, suggesting consolidation.
MACD Logic
Elecon Engineering Company Ltd technical analysis indicates bearish momentum with MACD below signal line.
Elecon Engineering Company Ltd Overall Recommendation
- Overall Recommendation Score: -0.47
- Moving Average Recommendation: -0.93
- Other Indicators Recommendation: 0
Overall Elecon Engineering Company Ltd technical analysis sentiment remains bearish based on current indicators.
Elecon Engineering Company Ltd Technical Analysis Conclusion
Elecon Engineering Company Ltd technical analysis suggests that traders should closely monitor price action around ₹493.05 and key pivot level 451.23. Breakouts above resistance or breakdown below support will define the next trend in Elecon Engineering Company Ltd technical analysis.
Investors searching for Elecon Engineering Company Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Elecon Engineering Company Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.