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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 2025-11-13 View latest technical analysis

10 day averaged volume of Elgi Equipments is 278641

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	500.00	502.00	507.90	490.80	3.893 times
12 Wed Nov 2025	491.80	486.20	493.00	484.55	0.931 times
11 Tue Nov 2025	486.50	474.45	493.40	469.60	1.335 times
10 Mon Nov 2025	474.45	479.20	481.00	473.00	0.483 times
07 Fri Nov 2025	479.15	481.00	481.00	473.00	0.597 times
06 Thu Nov 2025	483.40	481.70	486.30	478.65	0.652 times
04 Tue Nov 2025	482.30	498.00	498.70	480.90	1.066 times
03 Mon Nov 2025	495.65	500.90	500.90	493.40	0.729 times
31 Fri Oct 2025	497.40	505.00	509.90	496.10	1.288 times
30 Thu Oct 2025	501.60	508.00	508.00	496.55	0.971 times

Stock of Elgi Equipments (ELGIEQUIP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 497, but if it comes below 497, then a intra day sell could be more profitable.
If you take a sell trade below 497, then use 497 as stoploss and 484.08 as target. However if you take a buy trade in stock , then use 497 as stoploss and 512.6 as target.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Downside Target	485.00
Upside Target	500.90
Upside Target	507.90
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	477.1
Downside Intraday Target	454.2
Upside Intraday Target	515.4
Upside Intraday Target	530.8
Downside Intraday Target	492.5

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	500.00	479.20	507.90	469.60	2.183 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	500.00	500.90	507.90	469.60	0.378 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 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 Elgi Equipments (ELGIEQUIP)

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Elgi Equipments 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.

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. 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 Elgi Equipments in short term and BUY signal is strong.

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 Elgi Equipments is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 492.88 and Elgi Equipments (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 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.