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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 2024-08-21 View latest technical analysis

10 day averaged volume of Elango Indus is 565

Date Daily Closing Price Open High Low Volume
21 Wed Aug 2024 11.40 11.97 12.32 11.40 1.959 times
20 Tue Aug 2024 11.97 11.40 11.97 11.40 1.232 times
19 Mon Aug 2024 11.40 12.00 12.00 11.40 1.062 times
16 Fri Aug 2024 12.00 12.50 12.50 12.00 0.446 times
14 Wed Aug 2024 12.50 12.22 12.50 11.65 0.483 times
13 Tue Aug 2024 12.22 12.22 12.22 11.06 1.46 times
12 Mon Aug 2024 11.64 12.80 12.80 11.64 0.465 times
09 Fri Aug 2024 12.24 11.66 12.24 11.30 0.784 times
08 Thu Aug 2024 11.66 11.65 12.20 11.65 2 times
07 Wed Aug 2024 12.22 12.22 12.22 11.06 1.68 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.7, but if it comes above 11.7, then a intra day buy could be more profitable.
If you take a sell trade below 11.7, then use 11.7 as stoploss and 11 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.31 as target.

Share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Target 9.12
Downside Target 9.59
Downside Target 10.13
Downside Target 10.96
Downside Target 11.36
Upside Target 11.78
Upside Target 12.25
Upside Target 12.77
Upside Target 12.80
Upside Target 12.85
Upside Target 14.11
Upside Target 14.29

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Intraday Target 11.09
Downside Intraday Target 10.79
Upside Intraday Target 12.01
Upside Intraday Target 12.63
Upside Intraday Target 11.71

Weekly technical analysis of Elango Indus (ElangoIndus)

Date Weekly Closing Price Open High Low Volume
21 Wed Aug 2024 11.40 12.00 12.32 11.40 1.49 times
16 Fri Aug 2024 12.00 12.80 12.80 11.06 0.559 times
09 Fri Aug 2024 12.24 12.25 12.25 11.06 0.777 times
02 Fri Aug 2024 12.77 13.44 14.11 12.77 0.532 times
26 Fri Jul 2024 12.80 11.91 12.80 11.36 2.369 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
21 Wed Aug 2024 11.40 12.77 12.80 11.06 0.114 times
31 Wed Jul 2024 12.77 12.36 14.29 10.13 1.526 times
28 Fri Jun 2024 11.78 11.00 11.78 9.12 1.36 times
31 Fri May 2024 10.52 10.68 10.96 9.17 0.668 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 11.86 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 11.86 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.

Click here for Elango Indus charts

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Daily charts

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