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(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 606591

Date Daily Closing Price Open High Low Volume
09 Wed Jul 2025 550.30 540.20 568.00 540.20 11.094 times
08 Tue Jul 2025 534.10 536.10 553.90 531.00 5.429 times
07 Mon Jul 2025 532.10 528.00 540.95 528.00 0.308 times
04 Fri Jul 2025 531.05 537.55 540.55 527.35 0.335 times
03 Thu Jul 2025 537.55 532.00 541.95 528.10 0.842 times
02 Wed Jul 2025 531.15 539.85 539.85 528.90 0.249 times
01 Tue Jul 2025 535.30 539.75 544.75 533.65 0.362 times
30 Mon Jun 2025 536.45 539.90 541.75 533.35 0.421 times
27 Fri Jun 2025 536.45 533.70 544.00 531.00 0.902 times
26 Thu Jun 2025 529.15 535.85 540.00 527.45 0.56 times

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

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 548.5, for a target of 539.1 or 531.36

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type Value
Downside Target 401.00
Downside Target 412.40
Downside Target 433.55
Downside Target 490.20
Downside Target 504.80
Downside Target 516.15
Downside Target 526.65
Downside Target 544.00
Downside Target 548.40
Upside Target 556.75
Upside Target 563.55
Upside Target 568.00

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type Value
Downside Intraday Target 529.53
Downside Intraday Target 508.77
Upside Intraday Target 569.53
Upside Intraday Target 588.77
Downside Intraday Target 548.77

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date Weekly Closing Price Open High Low Volume
09 Wed Jul 2025 550.30 528.00 568.00 528.00 7.617 times
04 Fri Jul 2025 531.05 539.90 544.75 527.35 0.415 times
27 Fri Jun 2025 536.45 506.90 544.00 505.40 0.395 times
20 Fri Jun 2025 510.25 536.50 556.75 504.80 1.879 times
13 Fri Jun 2025 536.35 529.95 563.55 516.15 1.848 times

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

Monthly technical analysis of Elgi Equipments (ELGIEQUIP)

Date Monthly Closing Price Open High Low Volume
09 Wed Jul 2025 550.30 539.75 568.00 527.35 0.615 times
30 Mon Jun 2025 536.45 540.00 563.55 504.80 1.228 times
30 Fri May 2025 535.20 444.00 548.40 433.55 1.055 times
30 Wed Apr 2025 445.45 485.70 490.20 401.00 0.319 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 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 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 Elgi Equipments ( (ELGIEQUIP) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Elgi Equipments in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

CCI has generated a buy signal for Elgi Equipments 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 542.93 and Elgi Equipments (ELGIEQUIP) 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 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 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (ELGIEQUIP) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Elgi Equipments in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

CCI has generated a buy signal for Elgi Equipments 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 542.93 and Elgi Equipments (ELGIEQUIP) 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 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 positive

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

Click here for Elgi Equipments charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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