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

(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets

Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)

Showing technical analysis as on 2024-12-03 View latest technical analysis

10 day averaged volume of Elango Indus is 447

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	13.10	13.55	13.55	13.10	0.445 times
02 Mon Dec 2024	12.98	12.99	12.99	12.35	0.174 times
29 Fri Nov 2024	12.99	13.05	13.05	11.87	0.112 times
28 Thu Nov 2024	12.49	11.90	12.49	11.90	0.452 times
27 Wed Nov 2024	11.90	11.90	11.90	11.90	1.331 times
26 Tue Nov 2024	11.34	11.93	11.93	11.34	0.673 times
25 Mon Nov 2024	11.93	11.93	11.93	11.93	1.123 times
22 Fri Nov 2024	11.93	11.93	11.93	11.93	0.114 times
21 Thu Nov 2024	11.93	11.93	11.93	11.93	0.009 times
19 Tue Nov 2024	12.30	12.94	12.94	12.30	1.096 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13, but if it comes below 13, then a intra day sell could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.38 as target. However if you take a buy trade in stock , then use 13 as stoploss and 13.7 as target.

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	10.62
Downside Target	10.90
Downside Target	11.29
Downside Target	11.74
Downside Target	12.35
Downside Target	12.94
Upside Target	13.16
Upside Target	13.35
Upside Target	13.55
Upside Target	13.69
Upside Target	13.82

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Intraday Target	12.45
Downside Intraday Target	11.8
Upside Intraday Target	13.65
Upside Intraday Target	14.2
Downside Intraday Target	13

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	13.10	12.99	13.55	12.35	0.168 times
29 Fri Nov 2024	12.99	11.93	13.05	11.34	0.601 times
22 Fri Nov 2024	11.93	11.74	12.94	11.74	0.692 times
14 Thu Nov 2024	12.35	11.88	13.09	11.88	0.861 times
08 Fri Nov 2024	11.32	13.05	13.69	11.29	3.171 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 Elango Indus (ElangoIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	13.10	12.99	13.55	12.35	0.021 times
29 Fri Nov 2024	12.99	13.05	13.69	11.29	1.411 times
31 Thu Oct 2024	13.05	13.74	13.82	10.62	1.206 times
30 Mon Sep 2024	13.15	12.50	13.35	10.90	0.446 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 Elango Indus (ElangoIndus)

Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Elango Indus 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.

Elango Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Elango Indus 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 Elango Indus is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.12 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.

Elango Indus 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.