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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)

10 day averaged volume of Elango Indus is 3791

Date Daily Closing Price Open High Low Volume
26 Mon Jul 2021 9.54 9.54 9.54 9.54 0.126 times
23 Fri Jul 2021 9.09 9.09 9.09 9.09 0.069 times
22 Thu Jul 2021 8.66 8.66 8.66 8.66 0.426 times
20 Tue Jul 2021 8.25 8.25 8.25 8.25 2.208 times
19 Mon Jul 2021 7.86 7.86 7.86 7.86 3.238 times
16 Fri Jul 2021 7.49 7.35 7.49 7.35 1.474 times
15 Thu Jul 2021 7.14 7.14 7.14 6.46 1.253 times
14 Wed Jul 2021 6.80 6.80 6.80 6.80 0.075 times
13 Tue Jul 2021 6.48 6.48 6.48 6.30 0.094 times
12 Mon Jul 2021 6.18 5.90 6.18 5.89 0.821 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 9.9, for a target of 8 or 6.39

Share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Target 2.10
Downside Target 2.20
Downside Target 2.59
Downside Target 2.70
Downside Target 2.83
Downside Target 4.52
Downside Target 4.65
Downside Target 4.79
Downside Target 4.93
Downside Target 5.18
Downside Target 5.89
Downside Target 7.49
Downside Target 7.86
Downside Target 9.09
Downside Target 9.54

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Intraday Target 9.54
Downside Intraday Target 9.54
Downside Intraday Target 9.54
Downside Intraday Target 9.54
Downside Intraday Target 9.54

Weekly technical analysis of Elango Indus (ElangoIndus)

Date Weekly Closing Price Open High Low Volume
26 Mon Jul 2021 9.54 9.54 9.54 9.54 0.021 times
23 Fri Jul 2021 9.09 7.86 9.09 7.86 1.598 times
16 Fri Jul 2021 7.49 5.90 7.49 5.89 1.858 times
09 Fri Jul 2021 5.89 4.66 5.89 4.66 0.854 times
02 Fri Jul 2021 4.66 4.70 4.79 4.65 2.379 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
26 Mon Jul 2021 9.54 4.70 9.54 4.65 3.446 times
30 Wed Jun 2021 4.70 4.75 4.93 4.52 1.258 times
31 Mon May 2021 4.81 2.83 5.18 2.83 12.511 times
30 Fri Apr 2021 2.70 2.24 2.70 2.10 0.21 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elango Indus (ElangoIndus)

Indicator Name Indicator Value Indicator Signal
ADX 81, 14, 71 Buy
MACD 2, 2Buy
Stochastics 100Buy
CCI 126Buy
RSI 79Buy
OBV 38959Sell
VWAP 8Buy
ADL 0Sell
ROC 62Buy
Force Index 0Sell

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7.7 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.

Click here for Elango Indus charts

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Daily charts

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