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(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 2024-09-09 View latest technical analysis

10 day averaged volume of Elango Indus is 859

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	12.75	12.75	12.75	12.50	0.146 times
06 Fri Sep 2024	13.15	13.11	13.20	12.55	0.208 times
05 Thu Sep 2024	13.21	13.23	13.23	11.97	0.39 times
04 Wed Sep 2024	12.60	12.60	12.60	12.00	0.59 times
03 Tue Sep 2024	12.00	11.78	12.95	11.78	0.47 times
02 Mon Sep 2024	12.40	12.50	12.50	12.40	0.153 times
30 Fri Aug 2024	12.50	12.51	12.51	11.33	3.461 times
29 Thu Aug 2024	11.92	12.05	13.16	11.92	0.378 times
28 Wed Aug 2024	12.54	11.95	12.54	11.95	3.669 times
27 Tue Aug 2024	11.95	13.00	13.00	11.95	0.192 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.8 as stoploss in an intra day sell trade for a target of 12.26. However, stock will show a bullish move above 12.8.

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	9.12
Downside Target	10.13
Downside Target	10.96
Downside Target	11.33
Downside Target	11.78
Downside Target	12.50
Downside Target	12.75
Upside Target	12.80
Upside Target	13.16
Upside Target	13.23
Upside Target	14.29

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Intraday Target	12.58
Downside Intraday Target	12.42
Upside Intraday Target	12.83
Upside Intraday Target	12.92
Downside Intraday Target	12.67

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	12.75	12.75	12.75	12.50	0.08 times
06 Fri Sep 2024	13.15	12.50	13.23	11.78	0.221 times
30 Fri Aug 2024	12.50	11.97	13.16	11.33	1.316 times
23 Fri Aug 2024	12.56	12.00	12.56	11.40	3.314 times
16 Fri Aug 2024	12.00	12.80	12.80	11.06	0.559 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 Elango Indus (ElangoIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	12.75	12.50	13.23	11.78	0.098 times
30 Fri Aug 2024	12.50	12.77	13.16	11.06	0.274 times
31 Wed Jul 2024	12.77	12.36	14.29	10.13	1.526 times
28 Fri Jun 2024	11.78	11.00	11.78	9.12	1.36 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Elango Indus in short term and the buy signal is strong.

Elango Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 12.51 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 falling down

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 negative.

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