ebook Munafa Stock Market Course + Intraday & FNO calls  

       

Munafa technical analysis ELANTAS 500123 technical analysis buy or sell

Munafa technical analysis ELANTAS 500123 technical analysis buy or sell Analysis of ELANTAS 500123 to buy or sell for Daily, weekly or monthly

Date Close Open High Low
26 Tue May 9143.60 9270.80 9361.55 9025.00
25 Mon May 9270.80 9180.70 9294.80 9145.00
22 Fri May 9180.75 9211.00 9232.95 9095.95
21 Thu May 9211.00 9281.10 9320.10 9196.00
20 Wed May 9279.20 9245.00 9383.00 9110.05

Stock of ELANTAS closed at 9143.60 and it opened at 9270.80
It moved inside a range of 9025.00 and 9361.55

52 week High is 14250.00 and 52 week Low is 7111.00
Financial Year High is 10190.00 and Low is 8133.00
This year High is 10190.00 and Low is 7111.00

ELANTAS 500123 Daily Analysis to buy or sell

As per my analysis of ELANTAS 500123, 12 day returns for ELANTAS 500123 have been negative, with total returns of -644.35, which is -6.58% with investment starting at 9787.95.
An investment of 100,000 bucks in ELANTAS would have become 93420 bucks today.

ELANTAS 500123 moves in a range of 108.8 points on a day to day basis. This means that a total of approx 108.8 plus points of returns can be expected in a bullish day, and a total of 108.8 minus points can be expected in a bearish day.
This is about 1.19% of returns per day.

ELANTAS Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT ELANTAS 500123 at this time.

It appears as if ELANTAS 500123 gave a large move recently.

Stock of ELANTAS (500123) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of ELANTAS is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if ELANTAS stays below 9149.4, but if it comes above 9149.4, then a intra day buy could be more profitable.
If you take a sell trade below 9149.4, then use 9149.4 as stoploss and 8802.4 as target. However if you take a buy trade in ELANTAS, then use 9149.4 as stoploss and 9438.58 as target.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of ELANTAS 500123

Candle stick analysis of ELANTAS as on 26 Tue May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 3.7 HC: 2.4 LC: 1.3 OC: 1

ELANTAS is moving towards a low expiry

Candle stick analysis of ELANTAS as on 25 Mon May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 1.6 HC: 0.3 LC: 1.4 OC: 1.2

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 22 Fri May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 1.5 HC: 0.6 LC: 0.9 OC: 0.2

ELANTAS is moving towards a high expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 21 Thu May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 1.4 HC: 1.2 LC: 0.2 OC: 0.4

ELANTAS is moving towards a low expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 20 Wed May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 3 HC: 1.1 LC: 1.9 OC: 1.5

ELANTAS is moving towards a high expiry

ELANTAS 500123 Weekly Analysis to buy or sell

As per my analysis of ELANTAS 500123, 12 week returns for ELANTAS 500123 have been positive, with total returns of 1261.95, which is 16.01% with investment starting at 7881.65.
An investment of 100,000 bucks in ELANTAS would have become 116010 bucks today.

ELANTAS 500123 moves in a range of 342.7 points on a week to week basis. This means that a total of approx 342.7 plus points of returns can be expected in a bullish week, and a total of 342.7 minus points can be expected in a bearish week.
This is about 3.75% of returns per week.

Weekly Candle Stick analysis of ELANTAS 500123

Candle stick analysis of ELANTAS as on 26 Tue May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 3.7 HC: 2.4 LC: 1.3 OC: 2

ELANTAS is moving towards a low expiry

Candle stick analysis of ELANTAS as on 22 Fri May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 5.4 HC: 2.2 LC: 3.2 OC: 2.6

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 15 Fri May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 11.3 HC: 10.3 LC: 0.9 OC: 0

ELANTAS is moving towards a low expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 08 Fri May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 7.3 HC: 0.9 LC: 6.4 OC: 3.2

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 30 Thu Apr 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 12.7 HC: 5.9 LC: 6.4 OC: 10.9

ELANTAS is moving towards a high expiry

ELANTAS 500123 Monthly Analysis to buy or sell

As per my analysis of ELANTAS 500123, 12 month returns for ELANTAS 500123 have been negative, with total returns of -3469.45, which is -27.51% with investment starting at 12613.05.
An investment of 100,000 bucks in ELANTAS would have become 72490 bucks today.

ELANTAS 500123 moves in a range of 1003.6 points on a month to month basis. This means that a total of approx 1003.6 plus points of returns can be expected in a bullish month, and a total of 1003.6 minus points can be expected in a bearish month.
This is about 10.98% of returns per month.

Monthly Candle Stick analysis of ELANTAS 500123

Candle stick analysis of ELANTAS as on 26 Tue May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 13.6 HC: 10.6 LC: 2.7 OC: 3.2

ELANTAS is moving towards a low expiry

Candle stick analysis of ELANTAS as on 30 Thu Apr 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 29.8 HC: 5.9 LC: 22.6 OC: 29.8

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 27 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 26.2 HC: 10.9 LC: 13.8 OC: 0

ELANTAS is moving towards a high expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 27 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 24.8 HC: 8.1 LC: 15.5 OC: 18.3

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 30 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 22.8 HC: 20.2 LC: 2.2 OC: 0

ELANTAS is moving towards a low expiry

ELANTAS is forming a DOJI candle

Videos related to: Munafa technical analysis ELANTAS 500123 technical analysis buy or sell

Hindi Video Correct Way Of Technical Analysis How To Find Entry Exit Points On Charts

Hindi Basics How To Trade In FnO Futures Options Stock Market

Munafa technical analysis ELANTAS 500123 technical analysis buy or sell

 

Back to top