Mobile app version of munafa.org
Login or Join
 Learn then Earn

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.

Showing technical analysis as on 2025-06-13 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1255327

Date Daily Closing Price Open High Low Volume
13 Fri Jun 2025 536.35 521.00 539.30 516.15 0.398 times
12 Thu Jun 2025 531.00 528.00 563.55 526.00 2.524 times
11 Wed Jun 2025 526.65 534.20 534.20 522.10 0.182 times
10 Tue Jun 2025 531.25 536.90 539.25 530.00 0.14 times
09 Mon Jun 2025 535.05 529.95 539.00 529.45 0.224 times
06 Fri Jun 2025 529.40 537.90 537.90 528.40 0.167 times
05 Thu Jun 2025 533.95 535.00 542.25 530.90 0.321 times
04 Wed Jun 2025 534.45 529.00 539.00 528.40 0.273 times
03 Tue Jun 2025 528.50 537.25 538.20 525.00 0.384 times
02 Mon Jun 2025 534.65 540.00 545.00 530.80 0.732 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 536.1, but if it comes below 536.1, then a intra day sell could be more profitable.
If you take a sell trade below 536.1, then use 536.1 as stoploss and 510.65 as target. However if you take a buy trade in stock , then use 536.1 as stoploss and 566.7 as target.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type Value
Downside Target 401.00
Downside Target 412.40
Downside Target 426.25
Downside Target 450.55
Downside Target 466.70
Downside Target 484.45
Downside Target 516.15
Upside Target 545.00
Upside Target 548.40
Upside Target 563.55
Upside Target 575.00

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type Value
Downside Intraday Target 513.82
Downside Intraday Target 491.28
Upside Intraday Target 561.22
Upside Intraday Target 586.08
Upside Intraday Target 538.68

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date Weekly Closing Price Open High Low Volume
13 Fri Jun 2025 536.35 529.95 563.55 516.15 1.848 times
06 Fri Jun 2025 529.40 540.00 545.00 525.00 0.215 times
30 Fri May 2025 535.20 480.50 548.40 474.15 11.192 times
23 Fri May 2025 476.40 482.50 489.45 466.70 0.567 times
16 Fri May 2025 478.55 463.00 484.45 450.55 1.616 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Equipments (ELGIEQUIP)

Date Monthly Closing Price Open High Low Volume
13 Fri Jun 2025 536.35 540.00 563.55 516.15 0.449 times
30 Fri May 2025 535.20 444.00 548.40 433.55 1.055 times
30 Wed Apr 2025 445.45 485.70 490.20 401.00 0.319 times
28 Fri Mar 2025 481.70 429.35 526.65 412.40 6.939 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 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 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 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.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 532.05 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 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 is giving positive 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.

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 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 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.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 532.05 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 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 is giving positive 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.

Click here for Elgi Equipments charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme