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(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 2024-05-07 View latest technical analysis

10 day averaged volume of Elango Indus is 1188

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 10.43 10.43 10.43 10.43 0.041 times
06 Mon May 2024 10.64 10.64 10.64 10.64 0.001 times
03 Fri May 2024 10.85 10.86 10.86 10.44 0.964 times
02 Thu May 2024 10.65 10.68 10.68 10.30 0.275 times
30 Tue Apr 2024 10.48 10.10 10.48 10.10 2.797 times
29 Mon Apr 2024 10.28 10.48 10.48 10.28 1.614 times
26 Fri Apr 2024 10.48 10.28 10.48 10.28 2.981 times
25 Thu Apr 2024 10.28 10.48 10.48 10.28 0.828 times
24 Wed Apr 2024 10.48 10.48 10.48 10.48 0.435 times
23 Tue Apr 2024 10.69 10.68 10.69 10.68 0.096 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.4 as stoploss in an intra day buy trade for a target of 11.19. However, stock will show a bearish move below 10.4.

Share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Target 7.43
Downside Target 9.59
Upside Target 10.86
Upside Target 10.89
Upside Target 11.11
Upside Target 11.79
Upside Target 12.03
Upside Target 12.85
Upside Target 14.50
Upside Target 19.56

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Intraday Target 10.36
Downside Intraday Target 10.29
Upside Intraday Target 10.57
Upside Intraday Target 10.71
Upside Intraday Target 10.5

Weekly technical analysis of Elango Indus (ElangoIndus)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 10.43 10.64 10.64 10.43 0.007 times
03 Fri May 2024 10.85 10.48 10.86 10.10 1.3 times
26 Fri Apr 2024 10.48 10.89 10.89 10.28 7.704 times
19 Fri Apr 2024 11.11 11.79 11.79 11.11 0.079 times
12 Fri Apr 2024 12.03 12.80 12.85 12.03 0.336 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 Elango Indus (ElangoIndus)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 10.43 10.68 10.86 10.30 0.034 times
30 Tue Apr 2024 10.48 10.09 12.85 9.59 0.802 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

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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 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 gaining momentum.

MACD generated a BUY signal for Elango Indus in short term but the buy 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elango Indus in short term and SELL 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 10.47 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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 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 gaining momentum.

MACD generated a BUY signal for Elango Indus in short term but the buy 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elango Indus in short term and SELL 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 10.47 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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Daily charts

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