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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 389109

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Oct 2025	486.05	493.00	493.00	481.00	0.334 times
03 Fri Oct 2025	494.40	485.90	496.00	483.15	0.667 times
01 Wed Oct 2025	481.95	482.00	486.40	479.75	0.52 times
30 Tue Sep 2025	482.20	480.50	485.90	478.05	0.41 times
29 Mon Sep 2025	476.60	487.00	492.30	473.00	0.649 times
26 Fri Sep 2025	485.95	495.50	498.60	477.00	1.035 times
25 Thu Sep 2025	495.50	501.90	502.05	495.00	0.427 times
24 Wed Sep 2025	500.90	501.70	505.45	495.00	1.034 times
23 Tue Sep 2025	503.10	500.00	508.40	491.55	1.366 times
22 Mon Sep 2025	496.85	499.05	512.40	495.35	1.856 times

My analysis of stock is bullish for shortterm, and stock might move up till 497.8 or till 513.9. Use a stoploss of 484.35 and if this stock hits its stoploss, then it can fall down till 470.93

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	463.35
Upside Target	493.00
Upside Target	496.00
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	480.37
Downside Intraday Target	474.68
Upside Intraday Target	492.37
Upside Intraday Target	498.68
Upside Intraday Target	486.68

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Oct 2025	486.05	493.00	493.00	481.00	0.149 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
19 Fri Sep 2025	500.35	470.40	513.30	463.35	5.981 times
12 Fri Sep 2025	468.05	478.55	480.95	466.05	0.699 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
06 Mon Oct 2025	486.05	482.00	496.00	479.75	0.051 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short 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 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 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 Weak 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 493.08 and Elgi Equipments (ELGIEQUIP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

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