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(ELGIEQUIP) Elgi Equipments complete technical analysis [charts+indicators] | Buy/Sell Elgi Equipments | (ELGIEQUIP) share price targets

Complete technical analysis of Elgi Equipments (ELGIEQUIP) by charts plus indicators, forecast predictions and share price targets for Elgi Equipments (ELGIEQUIP)

Elgi Equipments trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2025-11-12 View latest technical analysis

10 day averaged volume of Elgi Equipments is 303236

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Nov 2025	491.80	486.20	493.00	484.55	0.856 times
11 Tue Nov 2025	486.50	474.45	493.40	469.60	1.227 times
10 Mon Nov 2025	474.45	479.20	481.00	473.00	0.444 times
07 Fri Nov 2025	479.15	481.00	481.00	473.00	0.549 times
06 Thu Nov 2025	483.40	481.70	486.30	478.65	0.599 times
04 Tue Nov 2025	482.30	498.00	498.70	480.90	0.979 times
03 Mon Nov 2025	495.65	500.90	500.90	493.40	0.67 times
31 Fri Oct 2025	497.40	505.00	509.90	496.10	1.183 times
30 Thu Oct 2025	501.60	508.00	508.00	496.55	0.892 times
29 Wed Oct 2025	505.15	497.00	507.40	492.30	1.791 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 495.4 as stoploss in an intra day sell trade for a target of 482.22. However, stock will show a bullish move above 495.4.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Downside Target	485.00
Upside Target	495.00
Upside Target	500.90
Upside Target	509.90
Upside Target	513.30
Upside Target	527.35
Upside Target	588.70
Upside Target	608.40

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	476.47
Downside Intraday Target	461.13
Upside Intraday Target	500.27
Upside Intraday Target	508.73
Downside Intraday Target	484.93

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Nov 2025	491.80	479.20	493.40	469.60	0.903 times
07 Fri Nov 2025	479.15	500.90	500.90	473.00	0.38 times
31 Fri Oct 2025	497.40	492.00	509.90	486.05	1.407 times
24 Fri Oct 2025	487.65	468.75	495.00	458.85	0.944 times
17 Fri Oct 2025	465.75	485.00	485.00	458.50	1.436 times

Price has moved up 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 Equipments (ELGIEQUIP)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Nov 2025	491.80	500.90	500.90	469.60	0.226 times
31 Fri Oct 2025	497.40	482.00	509.90	458.50	0.611 times
30 Tue Sep 2025	482.20	475.70	513.30	463.35	1.921 times
29 Fri Aug 2025	471.85	569.30	588.70	469.85	0.223 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 Equipments (ELGIEQUIP)

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) 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 Elgi Equipments ( (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 Equipments ( (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 Equipments ( (ELGIEQUIP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Elgi Equipments stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Elgi Equipments 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 Equipments Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Equipments in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 492.49 and Elgi Equipments (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 Equipments (ELGIEQUIP) stock. Volume based technical analysis of Elgi Equipments (ELGIEQUIP) stock is negative.

Elgi Equipments Stock has given negative 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.