(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 2024-04-02 View latest technical analysis
10 day averaged volume of Elango Indus is 768
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 10.59 | 9.59 | 10.59 | 9.59 | 16.477 times |
| 01 Mon Apr 2024 | 10.09 | 10.09 | 10.09 | 10.09 | 0.798 times |
| 28 Thu Mar 2024 | 10.62 | 10.62 | 10.62 | 10.62 | 1.716 times |
| 27 Wed Mar 2024 | 11.17 | 11.17 | 11.17 | 11.17 | 1.534 times |
| 26 Tue Mar 2024 | 11.75 | 11.75 | 11.75 | 11.75 | 0.693 times |
| 22 Fri Mar 2024 | 12.36 | 12.36 | 12.36 | 12.36 | 2.568 times |
| 21 Thu Mar 2024 | 13.01 | 13.01 | 13.01 | 13.01 | 0.254 times |
| 20 Wed Mar 2024 | 13.69 | 13.69 | 13.69 | 13.69 | 0.223 times |
| 19 Tue Mar 2024 | 14.41 | 14.41 | 14.41 | 14.41 | 1.764 times |
| 18 Mon Mar 2024 | 15.16 | 15.16 | 15.16 | 15.16 | 0.306 times |
Stock of Elango Indus (ElangoIndus) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 8.4 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 14.81 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.82 |
| Downside Target | 9.59 |
| Downside Target | 10.26 |
| Downside Target | 10.59 |
| Upside Target | 11.75 |
| Upside Target | 12.36 |
| Upside Target | 14.50 |
| Upside Target | 15.16 |
| Upside Target | 15.95 |
| Upside Target | 16.11 |
| Upside Target | 18.63 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 9.92 |
| Downside Intraday Target | 9.26 |
| Upside Intraday Target | 10.92 |
| Upside Intraday Target | 11.26 |
| Downside Intraday Target | 10.26 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 10.59 | 10.09 | 10.59 | 9.59 | 4.381 times |
| 28 Thu Mar 2024 | 10.62 | 11.75 | 11.75 | 10.62 | 0.771 times |
| 22 Fri Mar 2024 | 12.36 | 15.16 | 15.16 | 12.36 | 0.15 times |
| 15 Fri Mar 2024 | 15.95 | 19.56 | 19.56 | 15.95 | 1.667 times |
| 07 Thu Mar 2024 | 18.63 | 16.11 | 18.63 | 16.11 | 0.636 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 10.59 | 10.09 | 10.59 | 9.59 | 0.236 times |
| 28 Thu Mar 2024 | 10.62 | 14.00 | 19.56 | 10.62 | 0.593 times |
| 29 Thu Feb 2024 | 14.00 | 10.20 | 14.50 | 9.92 | 3.38 times |
| 31 Wed Jan 2024 | 9.73 | 7.82 | 9.73 | 7.43 | 1.728 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 Elango Indus (ElangoIndus)
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 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 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 Elango Indus stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term but BUY signal is weak.
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 Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.17 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 neutral. A longer time frame might give a better analysis.
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 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 Elango Indus stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term but BUY signal is weak.
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 Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.17 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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