Elecon Engineering Company Technical Analysis

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 ₹434.20, showing a -2.36% move as of Sat, Feb 14, 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 ₹97.49B and a PE ratio of 20.23, Elecon Engineering Company Ltd remains a key stock to watch in Elecon Engineering Company Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹97.49B
• PE Ratio: 20.23
• Dividend Yield: 0.46
• 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: 777.67
• Resistance 2: 605.97
• Resistance 1: 507.03
• Pivot Point: 434.27
• Support 1: 335.33
• Support 2: 262.57
• Support 3: 90.87

Conditional Insight

Elecon Engineering Company Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 335.33 and 262.57.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Elecon Engineering Company Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 605.97
• Fibonacci R2: 540.38
• Fibonacci R1: 499.86
• Fibonacci Pivot: 434.27
• Fibonacci S1: 368.68
• Fibonacci S2: 328.16
• Fibonacci S3: 262.57

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: 441.57
• 20 EMA: 435.14
• 30 EMA: 437.94
• 50 EMA: 451.66
• 100 EMA: 484.83
• 200 EMA: 518.17

Trend Logic

Elecon Engineering Company Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

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: 49.33
• MACD: 3.08
• Signal: -3.36
• ADX: 25.77
• Momentum: 39.55

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: -0.22
• Moving Average Recommendation: -0.53
• Other Indicators Recommendation: 0.09

Overall Elecon Engineering Company Ltd technical analysis sentiment remains neutral with mixed signals.

Elecon Engineering Company Ltd Technical Analysis Conclusion

Elecon Engineering Company Ltd technical analysis suggests that traders should closely monitor price action around ₹434.20 and key pivot level 434.27. 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.