Elgi Equip (522074) Technical (Analysis) Reports Elgi Equip ["Technical Analysis"] Reports -BSE Stock Exchange munafasutra.com
Complete & easy to understand technical analysis of Elgi Equip (522074)
Technical Analysis Report for BSE stock 522074 Elgi Equip. Dated: 30 Apr 2024 Updated Daily. Stock trades in BSE stock exchange
If you are looking for Tomorrow's Movement Predictions for BSE stock 522074 Elgi Equip then click here. or read Experts views on Elgi Equip or Forecast & share price targets of Elgi Equip
Elgi Equip Opened at 653.20 and Closed at: 651.45, which is -0.09% of previous session's close. It moved within a range of 647.00 and 665.55
The session was a Bearish session with an average volume of 22046, which is 23.18% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- There is some negative change in the mid term trend, but its too soon to jump onto conclusions.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
Support for tomorrow is 639.95 and resistance for tomorrow is 658.5
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 643.78, 636.12 resistance for tomorrow's hourly charts is 662.33, 673.22
10 Day SMA for Elgi Equip (522074) is 631.01 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Elgi Equip (522074) is 626.9 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Elgi Equip (522074) is 633.7 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 598.06 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Elgi Equip is 554.28 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Elgi Equip is at 626.9 and 200 DMA is at 554.28, while 50 DMA and 100 DMA are at 633.7 and 598.06 respectively
Elgi Equip (522074) moving average of 20 SMA is at 626.9 and 20 EMA is at 630.65
Date | Closing Price | 20 SMA | 20 EMA |
30 Tue Apr | 651.45 | 626.9 | 630.65 |
29 Mon Apr | 652.05 | 624.4 | 628.46 |
26 Fri Apr | 650.45 | 620.75 | 625.98 |
25 Thu Apr | 627.60 | 617.26 | 623.4 |
24 Wed Apr | 617.40 | 615.33 | 622.96 |
23 Tue Apr | 626.85 | 614.3 | 623.54 |
Elgi Equip (522074) moving average of 50 SMA is at 633.7 and 50 EMA is at 622.84
Date | Closing Price | 50 SMA | 50 EMA |
30 Tue Apr | 651.45 | 633.7 | 622.84 |
29 Mon Apr | 652.05 | 634.06 | 621.67 |
26 Fri Apr | 650.45 | 633.28 | 620.43 |
25 Thu Apr | 627.60 | 633.87 | 619.2 |
24 Wed Apr | 617.40 | 634.89 | 618.86 |
23 Tue Apr | 626.85 | 636.16 | 618.92 |
Elgi Equip (522074) moving average of 100 SMA is at 598.06 and 100 EMA is at 601.36
Date | Closing Price | 100 SMA | 100 EMA |
30 Tue Apr | 651.45 | 598.06 | 601.36 |
29 Mon Apr | 652.05 | 596.75 | 600.35 |
26 Fri Apr | 650.45 | 595.5 | 599.31 |
25 Thu Apr | 627.60 | 594.31 | 598.28 |
24 Wed Apr | 617.40 | 593.21 | 597.69 |
23 Tue Apr | 626.85 | 592.23 | 597.29 |
Elgi Equip (522074) moving average of 200 SMA is at 554.28 and 200 EMA is at 566.67
Date | Closing Price | 200 SMA | 200 EMA |
30 Tue Apr | 651.45 | 554.28 | 566.67 |
29 Mon Apr | 652.05 | 553.75 | 565.81 |
26 Fri Apr | 650.45 | 553.18 | 564.94 |
25 Thu Apr | 627.60 | 552.63 | 564.08 |
24 Wed Apr | 617.40 | 552.2 | 563.44 |
23 Tue Apr | 626.85 | 551.81 | 562.89 |
Elgi Equip Technical analysis of indicators
Price action analysis of Elgi Equip (522074) based on a short term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elgi Equip 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 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 632.6 and Elgi Equip 522074 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 Equip 522074 stock. Volume based technical analysis of Elgi Equip 522074 stock is negative.
Elgi Equip 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for BSE stock 522074 Elgi Equip These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And 522074 Experts View which covers a lot of information including buying and selling signals
522074 future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Elgi Equip or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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