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: 12 May 2026 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 532.45 and Closed at: 522.60, which is -3.77% of previous session's close. It moved within a range of 520.95 and 540.05
The session was a Bearish session with an average volume of 29400, which is 38.54% 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.
Support for tomorrow is 512.23 and resistance for tomorrow is 531.33
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 515.68, 508.77 resistance for tomorrow's hourly charts is 534.78, 546.97
10 Day SMA for Elgi Equip (522074) is 550.45 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Elgi Equip (522074) is 547.64 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Elgi Equip (522074) is 516.74 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 493.54 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Elgi Equip is 497.38 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Elgi Equip is at 547.64 and 200 DMA is at 497.38, while 50 DMA and 100 DMA are at 516.74 and 493.54 respectively
Elgi Equip (522074) moving average of 20 SMA is at 547.64 and 20 EMA is at 540.23
| Date | Closing Price | 20 SMA | 20 EMA |
| 12 Tue May | 522.60 | 547.64 | 540.23 |
| 11 Mon May | 542.30 | 547.16 | 542.09 |
| 08 Fri May | 558.95 | 545.02 | 542.07 |
| 07 Thu May | 562.90 | 542.01 | 540.29 |
| 06 Wed May | 548.40 | 538.05 | 537.91 |
| 05 Tue May | 542.85 | 534.61 | 536.81 |
Elgi Equip (522074) moving average of 50 SMA is at 516.74 and 50 EMA is at 521.55
| Date | Closing Price | 50 SMA | 50 EMA |
| 12 Tue May | 522.60 | 516.74 | 521.55 |
| 11 Mon May | 542.30 | 517.27 | 521.51 |
| 08 Fri May | 558.95 | 517.07 | 520.66 |
| 07 Thu May | 562.90 | 516.39 | 519.1 |
| 06 Wed May | 548.40 | 515.89 | 517.31 |
| 05 Tue May | 542.85 | 515.25 | 516.04 |
Elgi Equip (522074) moving average of 100 SMA is at 493.54 and 100 EMA is at 507.8
| Date | Closing Price | 100 SMA | 100 EMA |
| 12 Tue May | 522.60 | 493.54 | 507.8 |
| 11 Mon May | 542.30 | 493.16 | 507.5 |
| 08 Fri May | 558.95 | 492.59 | 506.8 |
| 07 Thu May | 562.90 | 491.92 | 505.75 |
| 06 Wed May | 548.40 | 491.12 | 504.6 |
| 05 Tue May | 542.85 | 490.65 | 503.72 |
Elgi Equip (522074) moving average of 200 SMA is at 497.38 and 200 EMA is at 507.16
| Date | Closing Price | 200 SMA | 200 EMA |
| 12 Tue May | 522.60 | 497.38 | 507.16 |
| 11 Mon May | 542.30 | 497.49 | 507 |
| 08 Fri May | 558.95 | 497.54 | 506.64 |
| 07 Thu May | 562.90 | 497.51 | 506.11 |
| 06 Wed May | 548.40 | 497.45 | 505.54 |
| 05 Tue May | 542.85 | 497.49 | 505.11 |
Elgi Equip Technical analysis of indicators
Price action analysis of Elgi Equip (522074) 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
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 555.09 and Elgi Equip 522074 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 522074 stock. Volume based technical analysis of Elgi Equip 522074 stock is negative.
Elgi Equip Stock has given negative 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
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