Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-12-02 View latest technical analysis

10 day averaged volume of Elgi Equipments is 1604040

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Dec 2025	505.95	500.15	513.00	500.15	0.325 times
01 Mon Dec 2025	500.15	510.00	512.70	498.55	0.357 times
28 Fri Nov 2025	510.50	498.55	520.80	498.55	2.056 times
27 Thu Nov 2025	498.55	503.20	507.55	492.95	0.421 times
26 Wed Nov 2025	498.65	486.00	510.00	483.05	2.288 times
25 Tue Nov 2025	480.50	495.50	495.75	473.30	2.855 times
24 Mon Nov 2025	495.85	494.00	498.45	487.15	0.292 times
21 Fri Nov 2025	492.75	507.00	508.00	491.05	0.287 times
20 Thu Nov 2025	507.55	506.10	513.35	501.00	0.927 times
19 Wed Nov 2025	504.55	507.95	508.00	499.25	0.207 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 506.8 as stoploss in an intra day sell trade for a target of 495.69. However, stock will show a bullish move above 506.8.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Downside Target	491.05
Upside Target	507.90
Upside Target	509.90
Upside Target	513.00
Upside Target	513.30
Upside Target	520.80
Upside Target	534.40
Upside Target	588.70

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	498.67
Downside Intraday Target	491.38
Upside Intraday Target	513.12
Upside Intraday Target	520.28
Downside Intraday Target	505.83

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Dec 2025	505.95	510.00	513.00	498.55	0.086 times
28 Fri Nov 2025	510.50	494.00	520.80	473.30	1.926 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

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
02 Tue Dec 2025	505.95	510.00	513.00	498.55	0.049 times
28 Fri Nov 2025	510.50	500.90	534.40	469.60	3.106 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

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 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 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 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 but buying is losing 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 496.89 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.