(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2025-03-19 View latest technical analysis
10 day averaged volume of Elgi Equip is 114438
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Mar 2025 | 507.65 | 505.75 | 522.85 | 499.25 | 1.512 times |
| 18 Tue Mar 2025 | 507.35 | 501.40 | 513.80 | 487.20 | 3.963 times |
| 17 Mon Mar 2025 | 512.05 | 451.55 | 527.25 | 439.95 | 4.684 times |
| 13 Thu Mar 2025 | 443.90 | 425.75 | 453.90 | 421.75 | 0.556 times |
| 12 Wed Mar 2025 | 426.25 | 434.55 | 437.15 | 424.05 | 0.06 times |
| 11 Tue Mar 2025 | 431.85 | 429.25 | 434.55 | 423.90 | 0.061 times |
| 10 Mon Mar 2025 | 435.10 | 469.80 | 469.80 | 432.40 | 0.087 times |
| 07 Fri Mar 2025 | 455.00 | 450.00 | 474.10 | 436.05 | 0.293 times |
| 06 Thu Mar 2025 | 440.05 | 449.95 | 449.95 | 438.60 | 0.095 times |
| 05 Wed Mar 2025 | 440.20 | 442.45 | 444.00 | 432.50 | 0.088 times |
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 519.3, for a target of 486.1 or 458.37
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 412.80 |
| Downside Target | 421.75 |
| Downside Target | 439.95 |
| Downside Target | 456.55 |
| Downside Target | 469.80 |
| Downside Target | 496.65 |
| Upside Target | 513.30 |
| Upside Target | 527.25 |
| Upside Target | 545.05 |
| Upside Target | 560.15 |
| Upside Target | 588.95 |
| Upside Target | 589.95 |
| Upside Target | 669.00 |
| Upside Target | 676.90 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 455.98 |
| Downside Intraday Target | 404.32 |
| Upside Intraday Target | 543.28 |
| Upside Intraday Target | 578.92 |
| Downside Intraday Target | 491.62 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Mar 2025 | 507.65 | 451.55 | 527.25 | 439.95 | 13.293 times |
| 13 Thu Mar 2025 | 443.90 | 469.80 | 469.80 | 421.75 | 1.052 times |
| 07 Fri Mar 2025 | 455.00 | 420.05 | 474.10 | 412.80 | 3.994 times |
| 28 Fri Feb 2025 | 428.25 | 471.60 | 476.00 | 427.00 | 0.303 times |
| 21 Fri Feb 2025 | 476.85 | 496.65 | 496.65 | 456.55 | 0.496 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 Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Wed Mar 2025 | 507.65 | 420.05 | 527.25 | 412.80 | 5.007 times |
| 28 Fri Feb 2025 | 428.25 | 541.55 | 588.95 | 427.00 | 1.694 times |
| 31 Fri Jan 2025 | 540.25 | 574.65 | 589.95 | 513.30 | 1.177 times |
| 31 Tue Dec 2024 | 577.75 | 652.65 | 669.00 | 560.15 | 0.473 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (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 Equip ( (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 Equip ( (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 Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip 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 Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 502.42 and Elgi Equip (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 Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
Price action analysis of Elgi Equip ( (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 Equip ( (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 Equip ( (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 Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip 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 Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 502.42 and Elgi Equip (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 Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
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