Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 1335815

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Jul 2025	551.05	555.60	561.50	548.05	0.236 times
10 Thu Jul 2025	556.40	563.00	566.90	553.00	0.945 times
09 Wed Jul 2025	550.30	540.20	568.00	540.20	5.038 times
08 Tue Jul 2025	534.10	536.10	553.90	531.00	2.465 times
07 Mon Jul 2025	532.10	528.00	540.95	528.00	0.14 times
04 Fri Jul 2025	531.05	537.55	540.55	527.35	0.152 times
03 Thu Jul 2025	537.55	532.00	541.95	528.10	0.382 times
02 Wed Jul 2025	531.15	539.85	539.85	528.90	0.113 times
01 Tue Jul 2025	535.30	539.75	544.75	533.65	0.165 times
30 Mon Jun 2025	536.45	539.90	541.75	533.35	0.191 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 543.7, but if it comes below 543.7, then a intra day sell could be more profitable.
If you take a sell trade below 543.7, then use 543.7 as stoploss and 533.37 as target. However if you take a buy trade in stock , then use 543.7 as stoploss and 556 as target.

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	530.03
Downside Intraday Target	509.02
Upside Intraday Target	570.03
Upside Intraday Target	589.02
Downside Intraday Target	549.02

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Jul 2025	551.05	528.00	568.00	528.00	8.794 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
11 Fri Jul 2025	551.05	539.75	568.00	527.35	0.701 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Elgi Equipments 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.

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. 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 SELL signal for Elgi Equipments in short term but SELL signal is weak.

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 545.05 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.