I like it. My friend just had a little girl and
Eleanor, nn
Ellie was almost her name. (She ended up a
Julia Frances.)
Elizabeth, nn
EllieEleanor / Eeanora
EllenElsaElspethEloise /
Eloisa
Of course, there are many more names with the "-el" element in the middle of the name. I've seen
Isabelle, nn
Ellie. It's a bit forced, to me, but still an option.