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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 579380

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	505.85	500.00	513.30	496.75	2.111 times
17 Wed Sep 2025	494.45	468.20	502.40	468.20	6.663 times
16 Tue Sep 2025	467.20	468.85	472.95	464.10	0.526 times
15 Mon Sep 2025	464.65	470.40	472.60	463.35	0.43 times
12 Fri Sep 2025	468.05	470.60	473.30	466.05	0.425 times
11 Thu Sep 2025	469.35	474.50	476.85	467.05	0.275 times
10 Wed Sep 2025	469.75	473.90	477.80	468.30	0.649 times
09 Tue Sep 2025	470.20	477.50	477.50	468.10	0.29 times
08 Mon Sep 2025	473.70	478.55	480.95	472.30	0.216 times
05 Fri Sep 2025	477.05	485.70	486.65	474.30	0.291 times

Stock of Elgi Equipments (ELGIEQUIP) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 511.4, for a target of 495.5 or 482.34

Share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Target	433.55
Downside Target	463.35
Downside Target	480.95
Downside Target	497.00
Upside Target	512.75
Upside Target	513.30
Upside Target	527.35
Upside Target	548.40
Upside Target	563.55
Upside Target	588.70
Upside Target	608.40

Intraday share price targets for Elgi Equipments (ELGIEQUIP)

Target Type	Value
Downside Intraday Target	475.03
Downside Intraday Target	444.22
Upside Intraday Target	524.98
Upside Intraday Target	544.12
Downside Intraday Target	494.17

Weekly technical analysis of Elgi Equipments (ELGIEQUIP)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	505.85	470.40	513.30	463.35	5.244 times
12 Fri Sep 2025	468.05	478.55	480.95	466.05	0.699 times
05 Fri Sep 2025	477.05	475.70	503.00	469.00	1.736 times
29 Fri Aug 2025	471.85	503.80	505.90	469.85	0.886 times
22 Fri Aug 2025	499.60	497.00	512.75	497.00	0.769 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
18 Thu Sep 2025	505.85	475.70	513.30	463.35	1.357 times
29 Fri Aug 2025	471.85	569.30	588.70	469.85	0.223 times
31 Thu Jul 2025	568.35	539.75	608.40	527.35	1.482 times
30 Mon Jun 2025	536.45	540.00	563.55	504.80	1.228 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Elgi Equipments ( (ELGIEQUIP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Elgi Equipments in short term but the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 489.92 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 negative.

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