Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 402254

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Nov 2025	482.30	498.00	498.70	480.90	0.738 times
03 Mon Nov 2025	495.65	500.90	500.90	493.40	0.505 times
31 Fri Oct 2025	497.40	505.00	509.90	496.10	0.892 times
30 Thu Oct 2025	501.60	508.00	508.00	496.55	0.673 times
29 Wed Oct 2025	505.15	497.00	507.40	492.30	1.35 times
28 Tue Oct 2025	496.90	492.00	498.80	490.30	1.257 times
27 Mon Oct 2025	490.30	492.00	495.20	486.05	1.379 times
24 Fri Oct 2025	487.65	475.60	490.00	469.50	1.477 times
23 Thu Oct 2025	470.45	486.95	495.00	468.00	1.741 times
21 Tue Oct 2025	475.50	470.60	478.80	470.00	0.182 times

My analysis of stock is bearish for shortterm, and stock might move down till 469.3 or till 453.1. Use a stoploss of 482.76 and if the stock hits stoploss, then it can shoot up till 496.25

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Downside Target	480.35
Upside Target	500.90
Upside Target	503.00
Upside Target	509.90
Upside Target	513.30
Upside Target	527.35
Upside Target	588.70
Upside Target	608.40

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	475.17
Downside Intraday Target	468.03
Upside Intraday Target	495.17
Upside Intraday Target	508.03
Upside Intraday Target	488.03

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Nov 2025	482.30	500.90	500.90	480.90	0.224 times
31 Fri Oct 2025	497.40	492.00	509.90	486.05	1.407 times
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

Price has moved down 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
04 Tue Nov 2025	482.30	500.90	500.90	480.90	0.07 times
31 Fri Oct 2025	497.40	482.00	509.90	458.50	0.611 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

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Elgi Equipments stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elgi Equipments 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 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 490.1 and Elgi Equipments (ELGIEQUIP) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.