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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 2024-09-11 View latest technical analysis

10 day averaged volume of Elango Indus is 850

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	12.72	11.82	12.72	11.82	0.138 times
10 Tue Sep 2024	12.12	13.35	13.35	12.12	0.428 times
09 Mon Sep 2024	12.75	12.75	12.75	12.50	0.147 times
06 Fri Sep 2024	13.15	13.11	13.20	12.55	0.211 times
05 Thu Sep 2024	13.21	13.23	13.23	11.97	0.394 times
04 Wed Sep 2024	12.60	12.60	12.60	12.00	0.596 times
03 Tue Sep 2024	12.00	11.78	12.95	11.78	0.475 times
02 Mon Sep 2024	12.40	12.50	12.50	12.40	0.154 times
30 Fri Aug 2024	12.50	12.51	12.51	11.33	3.498 times
29 Thu Aug 2024	11.92	12.05	13.16	11.92	0.382 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.8 as stoploss in an intra day sell trade for a target of 12.31. However, stock will show a bullish move above 12.8.

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	9.12
Downside Target	10.13
Downside Target	10.96
Downside Target	11.33
Downside Target	11.78
Downside Target	12.56
Upside Target	12.80
Upside Target	13.16
Upside Target	13.23
Upside Target	13.35
Upside Target	14.29

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Intraday Target	11.91
Downside Intraday Target	11.1
Upside Intraday Target	13.44
Upside Intraday Target	14.16
Downside Intraday Target	12.63

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	12.72	12.75	13.35	11.82	0.389 times
06 Fri Sep 2024	13.15	12.50	13.23	11.78	0.221 times
30 Fri Aug 2024	12.50	11.97	13.16	11.33	1.316 times
23 Fri Aug 2024	12.56	12.00	12.56	11.40	3.314 times
16 Fri Aug 2024	12.00	12.80	12.80	11.06	0.559 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
11 Wed Sep 2024	12.72	12.50	13.35	11.78	0.127 times
30 Fri Aug 2024	12.50	12.77	13.16	11.06	0.274 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

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 Elango Indus (ElangoIndus)

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elango Indus 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.

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 green color and prices are above the green cloud Prices appear to be moving up

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 positive zone. This is a BUY 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 12.49 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.