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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 2025-11-26 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1315126

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Nov 2025	498.65	486.00	510.00	483.05	2.791 times
25 Tue Nov 2025	480.50	495.50	495.75	473.30	3.483 times
24 Mon Nov 2025	495.85	494.00	498.45	487.15	0.356 times
21 Fri Nov 2025	492.75	507.00	508.00	491.05	0.35 times
20 Thu Nov 2025	507.55	506.10	513.35	501.00	1.13 times
19 Wed Nov 2025	504.55	507.95	508.00	499.25	0.252 times
18 Tue Nov 2025	504.90	518.80	518.80	502.75	0.377 times
17 Mon Nov 2025	514.70	506.00	534.40	500.15	2.902 times
14 Fri Nov 2025	501.50	504.15	504.80	496.70	0.127 times
13 Thu Nov 2025	500.00	502.00	507.90	490.80	0.825 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, and stock might move up till 505.5 or till 518.2. Use a stoploss of 494.92 and if this stock hits its stoploss, then it can fall down till 484.35

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Downside Target	486.05
Upside Target	500.90
Upside Target	509.90
Upside Target	510.00
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	477.97
Downside Intraday Target	457.28
Upside Intraday Target	514.67
Upside Intraday Target	530.68
Downside Intraday Target	493.98

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Nov 2025	498.65	494.00	510.00	473.30	1.323 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 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
26 Wed Nov 2025	498.65	500.90	534.40	469.60	2.548 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, 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 gaining momentum.

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

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 498.31 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 is giving positive 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.