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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 2025-12-30 View latest technical analysis

10 day averaged volume of Elgi Equipments is 344781

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Dec 2025	472.00	456.15	477.25	451.35	5.431 times
29 Mon Dec 2025	455.95	461.00	468.45	453.40	2.071 times
26 Fri Dec 2025	462.80	465.90	467.30	462.10	0.487 times
24 Wed Dec 2025	465.90	471.95	473.30	464.80	0.673 times
23 Tue Dec 2025	470.45	473.95	476.30	468.50	1.418 times
22 Mon Dec 2025	472.95	474.60	477.05	469.70	0.823 times
19 Fri Dec 2025	470.60	470.30	473.00	467.00	0.592 times
18 Thu Dec 2025	467.40	467.00	470.70	464.25	0.582 times
17 Wed Dec 2025	467.80	478.95	480.10	466.30	0.771 times
16 Tue Dec 2025	478.55	488.65	493.00	475.60	1.703 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 466.7 as stoploss in an intra day buy trade for a target of 479.7. However, stock will show a bearish move below 466.7.

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	451.35
Upside Target	489.85
Upside Target	494.20
Upside Target	503.50
Upside Target	509.90
Upside Target	513.30
Upside Target	515.00
Upside Target	534.40
Upside Target	588.70

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	456.48
Downside Intraday Target	440.97
Upside Intraday Target	482.38
Upside Intraday Target	492.77
Downside Intraday Target	466.87

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Dec 2025	472.00	461.00	477.25	451.35	2.206 times
26 Fri Dec 2025	462.80	474.60	477.05	462.10	0.751 times
19 Fri Dec 2025	470.60	487.90	494.20	464.25	0.794 times
13 Sat Dec 2025	487.90	503.50	503.50	476.30	0.745 times
05 Fri Dec 2025	500.80	510.00	515.00	489.85	0.208 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
30 Tue Dec 2025	472.00	510.00	515.00	451.35	0.448 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elgi Equipments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 469.33 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 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.