(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)
Showing technical analysis as on 2025-08-08 View latest technical analysis
10 day averaged volume of Elgi Equip is 29360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Aug 2025 | 512.10 | 530.65 | 533.20 | 509.00 | 1.076 times |
| 07 Thu Aug 2025 | 533.85 | 541.75 | 547.35 | 523.80 | 1.24 times |
| 06 Wed Aug 2025 | 545.70 | 573.05 | 588.55 | 542.05 | 1.937 times |
| 05 Tue Aug 2025 | 571.85 | 560.15 | 576.35 | 560.00 | 0.951 times |
| 04 Mon Aug 2025 | 563.40 | 558.65 | 566.75 | 553.60 | 0.731 times |
| 01 Fri Aug 2025 | 558.30 | 560.05 | 569.80 | 555.40 | 0.321 times |
| 31 Thu Jul 2025 | 567.45 | 548.55 | 574.00 | 548.55 | 0.727 times |
| 30 Wed Jul 2025 | 567.50 | 567.25 | 572.65 | 562.20 | 0.294 times |
| 29 Tue Jul 2025 | 562.20 | 549.05 | 565.25 | 540.30 | 1.476 times |
| 28 Mon Jul 2025 | 550.50 | 562.00 | 578.60 | 547.25 | 1.369 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 518.6, for a target of 539.7 or 557.34
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 401.00 |
| Downside Target | 430.70 |
| Downside Target | 490.70 |
| Downside Target | 501.90 |
| Upside Target | 521.05 |
| Upside Target | 540.30 |
| Upside Target | 559.65 |
| Upside Target | 567.95 |
| Upside Target | 578.60 |
| Upside Target | 588.55 |
| Upside Target | 608.25 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 484.55 |
| Downside Intraday Target | 457 |
| Upside Intraday Target | 564.1 |
| Upside Intraday Target | 616.1 |
| Upside Intraday Target | 536.55 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Aug 2025 | 512.10 | 558.65 | 588.55 | 509.00 | 1.417 times |
| 01 Fri Aug 2025 | 558.30 | 562.00 | 578.60 | 540.30 | 0.318 times |
| 25 Fri Jul 2025 | 573.35 | 546.60 | 608.25 | 545.75 | 3.858 times |
| 18 Fri Jul 2025 | 548.95 | 541.05 | 559.65 | 541.05 | 0.044 times |
| 11 Fri Jul 2025 | 551.10 | 521.05 | 567.95 | 521.05 | 51.139 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 |
| 08 Fri Aug 2025 | 512.10 | 560.05 | 588.55 | 509.00 | 0.063 times |
| 31 Thu Jul 2025 | 567.45 | 537.55 | 608.25 | 521.05 | 4.286 times |
| 30 Mon Jun 2025 | 536.40 | 535.35 | 563.00 | 501.90 | 0.885 times |
| 30 Fri May 2025 | 535.30 | 440.60 | 548.00 | 430.70 | 1.772 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elgi Equip ( (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 Equip ( (ElgiEquip) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer 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.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 550.07 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.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elgi Equip ( (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 Equip ( (ElgiEquip) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer 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.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 550.07 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.
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