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(ELGIEQUIP) Elgi Equipments complete technical analysis [charts+indicators] | Buy/Sell Elgi Equipments | (ELGIEQUIP) share price targets

Complete technical analysis of Elgi Equipments (ELGIEQUIP) by charts plus indicators, forecast predictions and share price targets for Elgi Equipments (ELGIEQUIP)

Elgi Equipments trades in NSE in Industrial Machinery sector.

10 day averaged volume of Elgi Equipments is 302411

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	487.65	475.60	490.00	469.50	1.965 times
23 Thu Oct 2025	470.45	486.95	495.00	468.00	2.316 times
21 Tue Oct 2025	475.50	470.60	478.80	470.00	0.241 times
20 Mon Oct 2025	466.60	468.75	469.95	458.85	0.726 times
17 Fri Oct 2025	465.75	472.85	473.90	464.30	0.555 times
16 Thu Oct 2025	470.55	461.85	478.00	458.95	2.208 times
15 Wed Oct 2025	460.45	463.30	466.80	458.50	1.058 times
14 Tue Oct 2025	462.90	474.05	475.20	461.00	0.759 times
13 Mon Oct 2025	472.30	485.00	485.00	469.05	0.976 times
10 Fri Oct 2025	483.85	485.00	490.50	480.35	0.833 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 490.1 as stoploss in an intra day sell trade for a target of 479.43. However, stock will show a bullish move above 490.1.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Upside Target	495.00
Upside Target	503.00
Upside Target	504.80
Upside Target	512.40
Upside Target	513.30
Upside Target	527.35
Upside Target	563.55
Upside Target	588.70
Upside Target	608.40

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	466
Downside Intraday Target	444.35
Upside Intraday Target	502.15
Upside Intraday Target	516.65
Downside Intraday Target	480.5

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	487.65	468.75	495.00	458.85	0.944 times
17 Fri Oct 2025	465.75	485.00	485.00	458.50	1.436 times
10 Fri Oct 2025	483.85	493.00	503.00	480.35	1.338 times
03 Fri Oct 2025	494.40	487.00	496.00	473.00	0.393 times
26 Fri Sep 2025	485.95	499.05	512.40	477.00	0.346 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	487.65	482.00	503.00	458.50	0.419 times
30 Tue Sep 2025	482.20	475.70	513.30	463.35	1.921 times
29 Fri Aug 2025	471.85	569.30	588.70	469.85	0.223 times
31 Thu Jul 2025	568.35	539.75	608.40	527.35	1.482 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Elgi Equipments (ELGIEQUIP)

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short to mid 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.

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a mid to longer 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 Elgi Equipments stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Elgi Equipments in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elgi Equipments Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elgi Equipments in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elgi Equipments is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 472.73 and Elgi Equipments (ELGIEQUIP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Elgi Equipments (ELGIEQUIP) stock. Volume based technical analysis of Elgi Equipments (ELGIEQUIP) stock is negative.

Elgi Equipments Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.