(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 2024-12-12 View latest technical analysis
10 day averaged volume of Elango Indus is 508
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 13.44 | 12.85 | 13.45 | 12.85 | 0.128 times |
| 11 Wed Dec 2024 | 13.48 | 12.30 | 13.48 | 12.30 | 2.362 times |
| 10 Tue Dec 2024 | 12.94 | 12.96 | 12.96 | 11.75 | 0.144 times |
| 09 Mon Dec 2024 | 12.35 | 12.35 | 12.35 | 12.35 | 1.632 times |
| 06 Fri Dec 2024 | 13.00 | 12.35 | 13.00 | 12.35 | 0.577 times |
| 05 Thu Dec 2024 | 13.00 | 13.55 | 13.55 | 12.88 | 1.193 times |
| 04 Wed Dec 2024 | 13.55 | 13.73 | 13.73 | 13.55 | 3.053 times |
| 03 Tue Dec 2024 | 13.10 | 13.55 | 13.55 | 13.10 | 0.392 times |
| 02 Mon Dec 2024 | 12.98 | 12.99 | 12.99 | 12.35 | 0.154 times |
| 29 Fri Nov 2024 | 12.99 | 13.05 | 13.05 | 11.87 | 0.098 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.3, but if it comes below 13.3, then a intra day sell could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and 12.65 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 14 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 10.62 |
| Downside Target | 10.90 |
| Downside Target | 11.29 |
| Downside Target | 11.74 |
| Downside Target | 12.35 |
| Downside Target | 12.94 |
| Downside Target | 13.16 |
| Downside Target | 13.35 |
| Upside Target | 13.48 |
| Upside Target | 13.69 |
| Upside Target | 13.73 |
| Upside Target | 13.82 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 12.3 |
| Downside Intraday Target | 11.16 |
| Upside Intraday Target | 14.03 |
| Upside Intraday Target | 14.62 |
| Downside Intraday Target | 12.89 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 13.44 | 12.35 | 13.48 | 11.75 | 0.795 times |
| 06 Fri Dec 2024 | 13.00 | 12.99 | 13.73 | 12.35 | 1.653 times |
| 29 Fri Nov 2024 | 12.99 | 11.93 | 13.05 | 11.34 | 0.601 times |
| 22 Fri Nov 2024 | 11.93 | 11.74 | 12.94 | 11.74 | 0.692 times |
| 14 Thu Nov 2024 | 12.35 | 11.88 | 13.09 | 11.88 | 0.861 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 |
| 12 Thu Dec 2024 | 13.44 | 12.99 | 13.73 | 11.75 | 0.377 times |
| 29 Fri Nov 2024 | 12.99 | 13.05 | 13.69 | 11.29 | 1.411 times |
| 31 Thu Oct 2024 | 13.05 | 13.74 | 13.82 | 10.62 | 1.206 times |
| 30 Mon Sep 2024 | 13.15 | 12.50 | 13.35 | 10.90 | 0.446 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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
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 13.19 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 rising upwards.
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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
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 13.19 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 rising upwards.
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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