(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)
Showing technical analysis as on 2024-07-04 View latest technical analysis
10 day averaged volume of Elango Indus is 3600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Jul 2024 | 13.49 | 14.22 | 14.29 | 12.93 | 3.059 times |
| 03 Wed Jul 2024 | 13.61 | 13.55 | 13.61 | 13.55 | 0.619 times |
| 02 Tue Jul 2024 | 12.97 | 12.97 | 12.97 | 11.75 | 3.949 times |
| 01 Mon Jul 2024 | 12.36 | 12.36 | 12.36 | 12.36 | 0.913 times |
| 28 Fri Jun 2024 | 11.78 | 11.78 | 11.78 | 11.78 | 0.556 times |
| 27 Thu Jun 2024 | 11.22 | 11.22 | 11.22 | 10.70 | 0.444 times |
| 26 Wed Jun 2024 | 10.69 | 10.59 | 10.69 | 10.59 | 0.423 times |
| 25 Tue Jun 2024 | 10.19 | 10.18 | 10.19 | 10.17 | 0.384 times |
| 24 Mon Jun 2024 | 9.60 | 10.39 | 10.39 | 9.56 | 0.687 times |
| 21 Fri Jun 2024 | 9.60 | 10.39 | 10.39 | 9.56 | 0.687 times |
Stock of Elango Indus (ElangoIndus) has showed a significant fall. This could be a good time to exit from 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 13.6, for a target of 12.1 or 10.76
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 9.56 |
| Downside Target | 9.92 |
| Downside Target | 10.41 |
| Downside Target | 10.96 |
| Downside Target | 11.75 |
| Downside Target | 11.78 |
| Downside Target | 12.85 |
| Upside Target | 14.29 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 12.06 |
| Downside Intraday Target | 10.64 |
| Upside Intraday Target | 14.6 |
| Upside Intraday Target | 15.72 |
| Downside Intraday Target | 13.18 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Jul 2024 | 13.49 | 12.36 | 14.29 | 11.75 | 3.424 times |
| 28 Fri Jun 2024 | 11.78 | 10.39 | 11.78 | 9.56 | 0.613 times |
| 21 Fri Jun 2024 | 9.60 | 10.00 | 10.44 | 9.12 | 1.12 times |
| 14 Fri Jun 2024 | 9.83 | 10.41 | 10.41 | 9.22 | 3.121 times |
| 07 Fri Jun 2024 | 9.92 | 11.00 | 11.04 | 9.92 | 0.491 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 Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Jul 2024 | 13.49 | 12.36 | 14.29 | 11.75 | 0.752 times |
| 28 Fri Jun 2024 | 11.78 | 11.00 | 11.78 | 9.12 | 1.36 times |
| 31 Fri May 2024 | 10.52 | 10.68 | 10.96 | 9.17 | 0.668 times |
| 30 Tue Apr 2024 | 10.48 | 10.09 | 12.85 | 9.59 | 0.802 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 Elango Indus (ElangoIndus)
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 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elango Indus 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.4 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.
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 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elango Indus 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.4 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.
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