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

(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets

Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)

10 day averaged volume of Elgi Equip is 22670

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Jan 2026	424.35	448.55	448.55	422.85	0.485 times
22 Thu Jan 2026	439.35	427.00	441.20	427.00	0.437 times
21 Wed Jan 2026	425.05	411.00	430.00	408.95	1.58 times
20 Tue Jan 2026	414.65	427.75	427.75	412.60	1.248 times
19 Mon Jan 2026	429.80	430.45	431.55	426.60	0.433 times
16 Fri Jan 2026	430.55	441.05	441.20	427.50	1.783 times
14 Wed Jan 2026	439.45	440.00	445.00	437.70	0.669 times
13 Tue Jan 2026	440.35	438.10	448.00	436.20	0.496 times
12 Mon Jan 2026	440.05	443.25	447.70	432.15	1.045 times
09 Fri Jan 2026	447.35	456.50	457.50	445.30	1.243 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 431.1, but if it comes above 431.1, then a intra day buy could be more profitable.
If you take a sell trade below 431.1, then use 431.1 as stoploss and 406.5 as target. However if you take a buy trade in stock , then use 431.1 as stoploss and 451.5 as target.

Share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Target	408.95
Upside Target	427.50
Upside Target	445.30
Upside Target	477.85
Upside Target	484.60
Upside Target	486.95
Upside Target	511.35
Upside Target	513.00
Upside Target	515.40
Upside Target	534.25

Intraday share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Intraday Target	406.02
Downside Intraday Target	387.68
Upside Intraday Target	445.62
Upside Intraday Target	466.88
Upside Intraday Target	427.28

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Jan 2026	424.35	430.45	448.55	408.95	1.047 times
16 Fri Jan 2026	430.55	443.25	448.00	427.50	1.072 times
09 Fri Jan 2026	447.35	486.95	486.95	445.30	0.421 times
02 Fri Jan 2026	483.30	461.65	484.60	451.10	2.872 times
26 Fri Dec 2025	462.65	473.25	477.85	462.00	0.719 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 Equip (ElgiEquip)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Jan 2026	424.35	473.50	486.95	408.95	0.516 times
31 Wed Dec 2025	473.45	509.40	515.40	451.10	0.119 times
28 Fri Nov 2025	510.90	503.05	534.25	469.75	14.338 times
31 Fri Oct 2025	497.35	482.05	511.35	458.80	0.763 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 Equip (ElgiEquip)

Price action analysis of Elgi Equip ( (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 Equip ( (ElgiEquip) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elgi Equip ( (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 Equip ( (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 Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Elgi Equip 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elgi Equip in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Equip is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 431.99 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.

Elgi Equip 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.