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)

Showing technical analysis as on 2025-12-29 View latest technical analysis

10 day averaged volume of Elgi Equip is 18090

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Dec 2025	457.50	461.65	468.05	453.45	1.762 times
26 Fri Dec 2025	462.65	465.30	467.45	462.00	0.779 times
24 Wed Dec 2025	466.40	468.50	473.25	465.00	0.726 times
23 Tue Dec 2025	470.90	472.30	477.85	469.00	1.517 times
22 Mon Dec 2025	473.05	473.25	476.60	469.15	0.836 times
19 Fri Dec 2025	470.45	471.55	472.60	467.15	1.44 times
18 Thu Dec 2025	467.25	467.00	470.65	464.80	0.926 times
17 Wed Dec 2025	467.95	478.95	478.95	466.30	1.317 times
16 Tue Dec 2025	478.95	491.00	492.55	475.60	0.942 times
15 Mon Dec 2025	488.65	483.55	494.00	483.55	0.746 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 467.8, but if it comes above 467.8, then a intra day buy could be more profitable.
If you take a sell trade below 467.8, then use 467.8 as stoploss and 450.5 as target. However if you take a buy trade in stock , then use 467.8 as stoploss and 482.18 as target.

Share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Target	453.45
Upside Target	490.00
Upside Target	494.00
Upside Target	504.00
Upside Target	511.35
Upside Target	513.00
Upside Target	515.40
Upside Target	534.25
Upside Target	588.55

Intraday share price targets for Elgi Equip (ElgiEquip)

Target Type	Value
Downside Intraday Target	451.28
Downside Intraday Target	445.07
Upside Intraday Target	465.88
Upside Intraday Target	474.27
Upside Intraday Target	459.67

Weekly technical analysis of Elgi Equip (ElgiEquip)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Dec 2025	457.50	461.65	468.05	453.45	0.457 times
26 Fri Dec 2025	462.65	473.25	477.85	462.00	0.719 times
19 Fri Dec 2025	470.45	483.55	494.00	464.80	0.788 times
12 Fri Dec 2025	488.55	504.00	504.00	476.65	1.056 times
05 Fri Dec 2025	500.85	509.40	515.40	490.00	0.026 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
29 Mon Dec 2025	457.50	509.40	515.40	453.45	0.09 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
30 Tue Sep 2025	482.05	473.05	513.00	463.80	0.727 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 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 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 gaining momentum.

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

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 but selling 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 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 469.21 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.