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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 2025-11-25 View latest technical analysis

10 day averaged volume of Elgi Equipments is 894298

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Nov 2025	480.50	495.50	495.75	473.30	5.122 times
24 Mon Nov 2025	495.85	494.00	498.45	487.15	0.524 times
21 Fri Nov 2025	492.75	507.00	508.00	491.05	0.515 times
20 Thu Nov 2025	507.55	506.10	513.35	501.00	1.662 times
19 Wed Nov 2025	504.55	507.95	508.00	499.25	0.371 times
18 Tue Nov 2025	504.90	518.80	518.80	502.75	0.555 times
17 Mon Nov 2025	514.70	506.00	534.40	500.15	4.267 times
14 Fri Nov 2025	501.50	504.15	504.80	496.70	0.187 times
13 Thu Nov 2025	500.00	502.00	507.90	490.80	1.213 times
12 Wed Nov 2025	491.80	486.20	493.00	484.55	0.29 times

Stock of Elgi Equipments (ELGIEQUIP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 484.3, but if it comes above 484.3, then a intra day buy could be more profitable.
If you take a sell trade below 484.3, then use 484.3 as stoploss and 471.6 as target. However if you take a buy trade in stock , then use 484.3 as stoploss and 494.83 as target.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Upside Target	486.05
Upside Target	507.90
Upside Target	509.90
Upside Target	513.30
Upside Target	527.35
Upside Target	534.40
Upside Target	588.70
Upside Target	608.40

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	469.72
Downside Intraday Target	458.93
Upside Intraday Target	494.87
Upside Intraday Target	509.23
Upside Intraday Target	484.08

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Nov 2025	480.50	494.00	498.45	473.30	0.766 times
21 Fri Nov 2025	492.75	506.00	534.40	491.05	3.267 times
14 Fri Nov 2025	501.50	479.20	507.90	469.60	2.379 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

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 Equipments (ELGIEQUIP)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Tue Nov 2025	480.50	500.90	534.40	469.60	2.034 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, and volume has increased substantially. This means that the move can 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 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 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.

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

MACD generated a SELL signal for Elgi Equipments in short term but the sell signal is initial and weak.

Elgi Equipments 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up 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 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 498.08 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.