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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.

Showing technical analysis as on 2025-06-25 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1406013

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	533.35	528.95	535.75	527.40	0.255 times
24 Tue Jun 2025	528.70	538.00	539.00	525.30	0.388 times
23 Mon Jun 2025	534.75	506.90	537.30	505.40	1.023 times
20 Fri Jun 2025	510.25	524.50	529.60	504.80	1.482 times
19 Thu Jun 2025	523.60	520.75	530.30	518.15	0.376 times
18 Wed Jun 2025	519.85	528.80	556.75	516.15	3.425 times
17 Tue Jun 2025	524.75	531.30	536.60	523.10	0.235 times
16 Mon Jun 2025	531.00	536.50	543.80	521.40	0.3 times
13 Fri Jun 2025	536.35	521.00	539.30	516.15	0.356 times
12 Thu Jun 2025	531.00	528.00	563.55	526.00	2.254 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 537.2 as stoploss in an intra day sell trade for a target of 528.09. However, stock will show a bullish move above 537.2.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	401.00
Downside Target	412.40
Downside Target	426.25
Downside Target	474.15
Downside Target	490.20
Downside Target	504.80
Downside Target	516.15
Upside Target	539.00
Upside Target	548.40
Upside Target	556.75
Upside Target	563.55
Upside Target	575.00

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	512.83
Downside Intraday Target	492.32
Upside Intraday Target	546.43
Upside Intraday Target	559.52
Downside Intraday Target	525.92

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	533.35	506.90	539.00	505.40	0.286 times
20 Fri Jun 2025	510.25	536.50	556.75	504.80	1.879 times
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

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
25 Wed Jun 2025	533.35	540.00	563.55	504.80	1.152 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 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 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 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 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 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 SELL signal for Elgi Equipments in short term but the sell 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 green color and prices are above the green 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 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 524.29 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 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.