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(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 2025-09-15 View latest technical analysis

10 day averaged volume of Elgi Equip is 16019

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Sep 2025	464.65	472.00	472.35	463.80	0.639 times
12 Fri Sep 2025	467.80	471.05	473.35	466.30	0.74 times
11 Thu Sep 2025	470.25	476.95	476.95	467.00	0.971 times
10 Wed Sep 2025	469.95	472.05	476.75	468.30	1.978 times
09 Tue Sep 2025	470.60	483.00	483.00	468.20	0.732 times
08 Mon Sep 2025	473.95	485.00	485.00	472.00	0.591 times
05 Fri Sep 2025	477.40	485.05	485.80	474.05	0.726 times
04 Thu Sep 2025	485.80	495.35	497.80	482.50	0.522 times
03 Wed Sep 2025	490.50	489.50	495.15	486.40	0.978 times
02 Tue Sep 2025	495.45	479.05	502.95	472.85	2.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 470.6, but if it comes above 470.6, then a intra day buy could be more profitable.
If you take a sell trade below 470.6, then use 470.6 as stoploss and 453.4 as target. However if you take a buy trade in stock , then use 470.6 as stoploss and 484.9 as target.

Share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Target	430.70
Downside Target	463.80
Upside Target	485.00
Upside Target	496.45
Upside Target	502.95
Upside Target	506.60
Upside Target	519.95
Upside Target	521.05
Upside Target	548.00
Upside Target	563.00
Upside Target	588.55
Upside Target	608.25

Intraday share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Intraday Target	461.52
Downside Intraday Target	458.38
Upside Intraday Target	470.07
Upside Intraday Target	475.48
Upside Intraday Target	466.93

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Sep 2025	464.65	472.00	472.35	463.80	0.127 times
12 Fri Sep 2025	467.80	485.00	485.00	466.30	1.005 times
05 Fri Sep 2025	477.40	473.05	502.95	468.80	0.278 times
29 Fri Aug 2025	471.40	503.05	506.60	469.90	4.205 times
22 Fri Aug 2025	499.20	496.45	519.95	496.45	0.957 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 Elgi Equip (ElgiEquip)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Sep 2025	464.65	473.05	502.95	463.80	0.279 times
29 Fri Aug 2025	471.40	560.05	588.55	469.90	0.208 times
31 Thu Jul 2025	567.45	537.55	608.25	521.05	4.286 times
30 Mon Jun 2025	536.40	535.35	563.00	501.90	0.885 times

Scroll below to view daily charts

Price has moved down 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 Equip (ElgiEquip)

Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short 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 Elgi Equip ( (ElgiEquip) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.

Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elgi Equip in short term and SELL signal is strong!

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

Stock of Elgi Equip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 478.54 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.