(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 2024-10-15 View latest technical analysis
10 day averaged volume of Elango Indus is 235
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 13.69 | 13.82 | 13.82 | 13.69 | 6.213 times |
| 14 Mon Oct 2024 | 13.19 | 13.20 | 13.20 | 13.19 | 0.013 times |
| 11 Fri Oct 2024 | 12.58 | 12.58 | 12.58 | 11.42 | 0.847 times |
| 10 Thu Oct 2024 | 12.00 | 12.00 | 12.00 | 12.00 | 0.004 times |
| 09 Wed Oct 2024 | 12.00 | 12.13 | 12.13 | 12.00 | 0.86 times |
| 07 Mon Oct 2024 | 12.50 | 13.00 | 13.00 | 12.50 | 0.149 times |
| 03 Thu Oct 2024 | 13.45 | 13.48 | 13.48 | 13.45 | 0.438 times |
| 01 Tue Oct 2024 | 13.50 | 13.74 | 13.74 | 13.50 | 0.515 times |
| 30 Mon Sep 2024 | 13.15 | 13.20 | 13.20 | 13.15 | 4.949 times |
| 26 Thu Sep 2024 | 12.58 | 12.58 | 12.58 | 12.58 | 0.034 times |
Stock of Elango Indus (ElangoIndus) 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 14, for a target of 13.1 or 12.37
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 10.13 |
| Downside Target | 10.90 |
| Downside Target | 11.42 |
| Downside Target | 11.78 |
| Downside Target | 12.58 |
| Downside Target | 13.00 |
| Downside Target | 13.19 |
| Downside Target | 13.35 |
| Upside Target | 13.74 |
| Upside Target | 13.82 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 13.31 |
| Downside Intraday Target | 12.94 |
| Upside Intraday Target | 13.94 |
| Upside Intraday Target | 14.2 |
| Downside Intraday Target | 13.57 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 13.69 | 13.20 | 13.82 | 13.19 | 3.348 times |
| 11 Fri Oct 2024 | 12.58 | 13.00 | 13.00 | 11.42 | 0.315 times |
| 03 Thu Oct 2024 | 13.45 | 13.20 | 13.74 | 13.15 | 0.538 times |
| 26 Thu Sep 2024 | 12.58 | 11.44 | 12.58 | 10.90 | 2.008 times |
| 20 Fri Sep 2024 | 11.44 | 12.09 | 12.67 | 11.44 | 1.223 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 |
| 15 Tue Oct 2024 | 13.69 | 13.74 | 13.82 | 11.42 | 0.278 times |
| 30 Mon Sep 2024 | 13.15 | 12.50 | 13.35 | 10.90 | 0.446 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 |
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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 Elango Indus in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 13.3 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 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 Elango Indus in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 13.3 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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