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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 2025-07-01 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1124305

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	535.30	539.75	544.75	533.65	0.195 times
30 Mon Jun 2025	536.45	539.90	541.75	533.35	0.227 times
27 Fri Jun 2025	536.45	533.70	544.00	531.00	0.486 times
26 Thu Jun 2025	529.15	535.85	540.00	527.45	0.302 times
25 Wed Jun 2025	533.35	528.95	535.75	527.40	0.319 times
24 Tue Jun 2025	528.70	538.00	539.00	525.30	0.485 times
23 Mon Jun 2025	534.75	506.90	537.30	505.40	1.279 times
20 Fri Jun 2025	510.25	524.50	529.60	504.80	1.854 times
19 Thu Jun 2025	523.60	520.75	530.30	518.15	0.471 times
18 Wed Jun 2025	519.85	528.80	556.75	516.15	4.283 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 536.5 as stoploss in an intra day sell trade for a target of 530.09. However, stock will show a bullish move above 536.5.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	401.00
Downside Target	412.40
Downside Target	433.55
Downside Target	490.20
Downside Target	504.80
Downside Target	516.15
Upside Target	544.75
Upside Target	545.00
Upside Target	548.40
Upside Target	556.75
Upside Target	563.55

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	530.85
Downside Intraday Target	526.4
Upside Intraday Target	542.25
Upside Intraday Target	549.2
Upside Intraday Target	537.8

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	535.30	539.90	544.75	533.35	0.147 times
27 Fri Jun 2025	536.45	506.90	544.00	505.40	0.395 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

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
01 Tue Jul 2025	535.30	539.75	544.75	533.65	0.012 times
30 Mon Jun 2025	536.45	540.00	563.55	504.80	1.228 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

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 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 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 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 gaining momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

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 522.81 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.