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(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets

Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)

10 day averaged volume of Elgi Equip is 22133

Date Daily Closing Price Open High Low Volume
11 Fri Apr 2025 422.35 419.05 431.60 402.40 2.523 times
09 Wed Apr 2025 402.45 428.50 428.50 401.00 0.417 times
08 Tue Apr 2025 417.90 425.05 436.55 412.10 1.011 times
04 Fri Apr 2025 447.25 490.70 490.70 441.00 0.856 times
02 Wed Apr 2025 482.25 478.25 490.15 471.45 0.451 times
01 Tue Apr 2025 478.55 481.05 486.30 475.00 0.634 times
28 Fri Mar 2025 482.90 484.10 499.70 479.25 1.212 times
26 Wed Mar 2025 489.25 501.60 503.65 486.00 0.786 times
25 Tue Mar 2025 500.15 514.95 516.30 491.40 1.398 times
24 Mon Mar 2025 505.65 495.65 515.50 495.65 1.632 times

Stock of Elgi Equip (ElgiEquip) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 432.1, but if it comes above 432.1, then a intra day buy could be more profitable.
If you take a sell trade below 432.1, then use 432.1 as stoploss and 390.7 as target. However if you take a buy trade in stock , then use 432.1 as stoploss and 466.56 as target.

Share price targets for Elgi Equip (ElgiEquip)

Target Type Value
Downside Target 401.00
Downside Target 412.80
Downside Target 421.75
Upside Target 436.55
Upside Target 469.80
Upside Target 479.25
Upside Target 490.70
Upside Target 513.30
Upside Target 527.25
Upside Target 560.15
Upside Target 588.95
Upside Target 589.95
Upside Target 669.00

Intraday share price targets for Elgi Equip (ElgiEquip)

Target Type Value
Downside Intraday Target 403.38
Downside Intraday Target 384.42
Upside Intraday Target 438.93
Upside Intraday Target 455.52
Downside Intraday Target 419.97

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date Weekly Closing Price Open High Low Volume
11 Fri Apr 2025 422.35 425.05 436.55 401.00 2.037 times
04 Fri Apr 2025 447.25 481.05 490.70 441.00 0.386 times
28 Fri Mar 2025 482.90 495.65 516.30 479.25 0.088 times
21 Fri Mar 2025 492.80 451.55 527.25 439.95 14.514 times
13 Thu Mar 2025 443.90 469.80 469.80 421.75 1.052 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Equip (ElgiEquip)

Date Monthly Closing Price Open High Low Volume
11 Fri Apr 2025 422.35 481.05 490.70 401.00 0.084 times
28 Fri Mar 2025 482.90 420.05 527.25 412.80 5.826 times
28 Fri Feb 2025 428.25 541.55 588.95 427.00 1.694 times
31 Fri Jan 2025 540.25 574.65 589.95 513.30 1.177 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 Elgi Equip (ElgiEquip)

Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.

Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Elgi Equip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.81 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.

Elgi Equip 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.

Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Elgi Equip in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Elgi Equip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.81 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.

Elgi Equip 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 Elgi Equip charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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