(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets
Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)
Showing technical analysis as on 2024-02-27 View latest technical analysis
10 day averaged volume of Elango Indus is 4113
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 14.00 | 14.08 | 14.08 | 12.75 | 0.593 times |
| 26 Mon Feb 2024 | 13.41 | 13.20 | 13.58 | 12.30 | 1.111 times |
| 23 Fri Feb 2024 | 12.94 | 12.94 | 13.32 | 12.45 | 0.164 times |
| 22 Thu Feb 2024 | 12.69 | 13.71 | 13.71 | 12.50 | 0.902 times |
| 21 Wed Feb 2024 | 13.06 | 13.25 | 13.25 | 12.77 | 0.187 times |
| 20 Tue Feb 2024 | 13.06 | 13.60 | 14.07 | 12.73 | 1.632 times |
| 19 Mon Feb 2024 | 13.40 | 14.34 | 14.34 | 13.00 | 0.848 times |
| 16 Fri Feb 2024 | 13.66 | 13.66 | 13.66 | 13.66 | 0.494 times |
| 15 Thu Feb 2024 | 13.01 | 12.94 | 13.58 | 12.94 | 1.894 times |
| 14 Wed Feb 2024 | 12.94 | 12.94 | 12.94 | 12.94 | 1.097 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.9, but if it comes below 13.9, then a intra day sell could be more profitable.
If you take a sell trade below 13.9, then use 13.9 as stoploss and 12.64 as target. However if you take a buy trade in stock , then use 13.9 as stoploss and 15.4 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.82 |
| Downside Target | 8.58 |
| Downside Target | 9.73 |
| Downside Target | 10.26 |
| Downside Target | 10.71 |
| Downside Target | 11.24 |
| Downside Target | 12.30 |
| Downside Target | 12.94 |
| Downside Target | 13.65 |
| Upside Target | 14.08 |
| Upside Target | 14.33 |
| Upside Target | 14.34 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 12.84 |
| Downside Intraday Target | 11.68 |
| Upside Intraday Target | 14.62 |
| Upside Intraday Target | 15.24 |
| Downside Intraday Target | 13.46 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 14.00 | 13.20 | 14.08 | 12.30 | 0.456 times |
| 23 Fri Feb 2024 | 12.94 | 14.34 | 14.34 | 12.45 | 0.558 times |
| 16 Fri Feb 2024 | 13.66 | 14.33 | 14.33 | 12.94 | 1.418 times |
| 09 Fri Feb 2024 | 13.65 | 11.24 | 13.65 | 11.24 | 0.872 times |
| 02 Fri Feb 2024 | 10.71 | 8.58 | 10.71 | 8.58 | 3.116 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 Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 14.00 | 10.20 | 14.34 | 9.92 | 3.012 times |
| 31 Wed Jan 2024 | 9.73 | 7.82 | 9.73 | 7.43 | 1.728 times |
| 29 Fri Dec 2023 | 7.82 | 9.90 | 10.26 | 7.82 | 0.694 times |
| 30 Thu Nov 2023 | 10.09 | 10.00 | 10.35 | 7.89 | 0.727 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Elango Indus (ElangoIndus)
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus 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.
Elango Indus 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 Elango Indus 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 negative zone. This is the SELL zone
Stock of Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.17 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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 Elango Indus ( (ElangoIndus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus 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.
Elango Indus 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 Elango Indus 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 negative zone. This is the SELL zone
Stock of Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.17 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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.
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