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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.

10 day averaged volume of Elgi Equipments is 420840

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Nov 2025	479.15	481.00	481.00	473.00	0.395 times
06 Thu Nov 2025	483.40	481.70	486.30	478.65	0.431 times
04 Tue Nov 2025	482.30	498.00	498.70	480.90	0.706 times
03 Mon Nov 2025	495.65	500.90	500.90	493.40	0.483 times
31 Fri Oct 2025	497.40	505.00	509.90	496.10	0.853 times
30 Thu Oct 2025	501.60	508.00	508.00	496.55	0.643 times
29 Wed Oct 2025	505.15	497.00	507.40	492.30	1.29 times
28 Tue Oct 2025	496.90	492.00	498.80	490.30	1.201 times
27 Mon Oct 2025	490.30	492.00	495.20	486.05	1.318 times
24 Fri Oct 2025	487.65	475.60	490.00	469.50	1.412 times

My analysis of stock is bearish for shortterm, and stock might move down till 468.7 or till 452.9. Use a stoploss of 481.79 and if the stock hits stoploss, then it can shoot up till 494.91

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	458.50
Upside Target	500.90
Upside Target	503.00
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	467.8
Downside Intraday Target	456.45
Upside Intraday Target	495.7
Upside Intraday Target	512.25
Upside Intraday Target	484.35

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
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
10 Fri Oct 2025	483.85	493.00	503.00	480.35	1.338 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
07 Fri Nov 2025	479.15	500.90	500.90	473.00	0.119 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, 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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 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 BUY signal in short term and the buying is gaining 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 493.3 and Elgi Equipments (ELGIEQUIP) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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