(ELGIEQUIP) Elgi Equipments complete technical analysis [charts+indicators] | Buy/Sell Elgi Equipments | (ELGIEQUIP) share price targets
Complete technical analysis of Elgi Equipments (ELGIEQUIP) by charts plus indicators, forecast predictions and share price targets for Elgi Equipments (ELGIEQUIP)
Elgi Equipments trades in NSE in Industrial Machinery sector.
10 day averaged volume of Elgi Equipments is 815900
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 623.55 | 624.05 | 633.50 | 613.00 | 0.108 times |
18 Thu Apr 2024 | 625.95 | 626.00 | 641.95 | 622.35 | 0.174 times |
16 Tue Apr 2024 | 621.70 | 635.00 | 642.00 | 615.50 | 0.257 times |
15 Mon Apr 2024 | 629.95 | 627.00 | 635.50 | 604.60 | 0.365 times |
12 Fri Apr 2024 | 640.45 | 631.50 | 666.00 | 631.00 | 0.866 times |
10 Wed Apr 2024 | 628.65 | 619.75 | 633.90 | 619.00 | 0.183 times |
09 Tue Apr 2024 | 618.70 | 634.00 | 634.00 | 616.10 | 0.28 times |
08 Mon Apr 2024 | 632.75 | 648.90 | 651.20 | 630.50 | 0.286 times |
05 Fri Apr 2024 | 647.65 | 644.95 | 669.00 | 634.00 | 1.153 times |
04 Thu Apr 2024 | 653.35 | 597.85 | 666.65 | 592.10 | 6.251 times |
My analysis of stock is bullish for shortterm, and stock might move up till 635.9 or till 662.8. Use a stoploss of 613.44 and if this stock hits its stoploss, then it can fall down till 591.01
Share price targets for Elgi Equipments (ELGIEQUIP)
Target Type | Value |
Downside Target | 503.10 |
Downside Target | 524.00 |
Downside Target | 554.00 |
Downside Target | 576.55 |
Downside Target | 604.60 |
Upside Target | 636.95 |
Upside Target | 642.00 |
Upside Target | 666.00 |
Upside Target | 669.00 |
Upside Target | 703.95 |
Upside Target | 714.20 |
Intraday share price targets for Elgi Equipments (ELGIEQUIP)
Target Type | Value |
Downside Intraday Target | 604.77 |
Downside Intraday Target | 585.98 |
Upside Intraday Target | 642.17 |
Upside Intraday Target | 660.78 |
Downside Intraday Target | 623.38 |
Weekly technical analysis of Elgi Equipments (ELGIEQUIP)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 623.55 | 627.00 | 642.00 | 604.60 | 0.56 times |
12 Fri Apr 2024 | 640.45 | 648.90 | 666.00 | 616.10 | 0.2 times |
05 Fri Apr 2024 | 647.65 | 609.90 | 669.00 | 584.70 | 6.574 times |
28 Thu Mar 2024 | 601.70 | 593.00 | 605.00 | 576.55 | 1.004 times |
22 Fri Mar 2024 | 589.55 | 630.00 | 636.95 | 584.00 | 0.531 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 Elgi Equipments (ELGIEQUIP)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 623.55 | 609.90 | 669.00 | 584.70 | 1.173 times |
28 Thu Mar 2024 | 601.70 | 653.45 | 714.20 | 576.55 | 0.601 times |
29 Thu Feb 2024 | 652.05 | 611.80 | 703.95 | 582.30 | 1.716 times |
31 Wed Jan 2024 | 614.90 | 547.25 | 617.00 | 524.00 | 1.297 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 Elgi Equipments (ELGIEQUIP)
Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equipments in short term and the buy signal is strong.
Elgi Equipments 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equipments 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equipments is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 647.05 and Elgi Equipments (ELGIEQUIP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Elgi Equipments (ELGIEQUIP) stock. Volume based technical analysis of Elgi Equipments (ELGIEQUIP) stock is negative.
Elgi Equipments 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.
Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equipments in short term and the buy signal is strong.
Elgi Equipments 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equipments 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equipments is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 647.05 and Elgi Equipments (ELGIEQUIP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Elgi Equipments (ELGIEQUIP) stock. Volume based technical analysis of Elgi Equipments (ELGIEQUIP) stock is negative.
Elgi Equipments 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.
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Daily charts
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