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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 2025-07-10 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1243609

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Jul 2025	556.40	563.00	566.90	553.00	1.015 times
09 Wed Jul 2025	550.30	540.20	568.00	540.20	5.411 times
08 Tue Jul 2025	534.10	536.10	553.90	531.00	2.648 times
07 Mon Jul 2025	532.10	528.00	540.95	528.00	0.15 times
04 Fri Jul 2025	531.05	537.55	540.55	527.35	0.163 times
03 Thu Jul 2025	537.55	532.00	541.95	528.10	0.411 times
02 Wed Jul 2025	531.15	539.85	539.85	528.90	0.121 times
01 Tue Jul 2025	535.30	539.75	544.75	533.65	0.177 times
30 Mon Jun 2025	536.45	539.90	541.75	533.35	0.206 times
27 Fri Jun 2025	536.45	533.70	544.00	531.00	0.44 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 553.5, for a target of 542.1 or 532.63

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
Downside Target	526.65
Downside Target	544.00
Downside Target	548.40
Upside Target	556.75
Upside Target	563.55
Upside Target	568.00

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	533.6
Downside Intraday Target	510.8
Upside Intraday Target	573.6
Upside Intraday Target	590.8
Downside Intraday Target	550.8

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Jul 2025	556.40	528.00	568.00	528.00	8.558 times
04 Fri Jul 2025	531.05	539.90	544.75	527.35	0.415 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

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
10 Thu Jul 2025	556.40	539.75	568.00	527.35	0.683 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 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 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 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 gaining 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 stronger in this stock.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 544.55 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.