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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
12 Thu Mar 8125.10 8300.00 8389.35 8070.05
11 Wed Mar 8315.90 8530.00 8530.00 8060.00
10 Tue Mar 8334.15 7800.00 8498.90 7800.00
09 Mon Mar 7804.00 8089.95 8089.95 7599.95
06 Fri Mar 7983.50 8387.10 8489.85 7949.00

Stock of ELANTAS closed at 8125.10 and it opened at 8300.00
It moved inside a range of 8070.05 and 8389.35

52 week High is 14250.00 and 52 week Low is 7599.95
Financial Year High is 8125.10 and Low is 8070.05
This year High is 9700.00 and Low is 7599.95

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 -889.45, which is -9.87% with investment starting at 9014.55.
An investment of 100,000 bucks in ELANTAS would have become 90130 bucks today.

ELANTAS 500123 moves in a range of 253.6 points on a day to day basis. This means that a total of approx 253.6 plus points of returns can be expected in a bullish day, and a total of 253.6 minus points can be expected in a bearish day.
This is about 3.12% 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 8293.9, but if it comes above 8293.9, then a intra day buy could be more profitable.
If you take a sell trade below 8293.9, then use 8293.9 as stoploss and 7716.9 as target. However if you take a buy trade in ELANTAS, then use 8293.9 as stoploss and 8774.83 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 12 Thu Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 4 HC: 3.3 LC: 0.7 OC: 1.1

ELANTAS is moving towards a low expiry

Candle stick analysis of ELANTAS as on 11 Wed Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 5.8 HC: 2.6 LC: 3.2 OC: 0

ELANTAS is moving towards a high expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 10 Tue Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 9 HC: 2 LC: 6.9 OC: 9

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 09 Mon Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 6.5 HC: 3.7 LC: 2.7 OC: 0

ELANTAS is moving towards a low expiry

ELANTAS is forming a DOJI candle

Candle stick analysis of ELANTAS as on 06 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 6.8 HC: 6.3 LC: 0.4 OC: 1.2

ELANTAS is moving towards a low expiry

ELANTAS 500123 Weekly Analysis to buy or sell

As per my analysis of ELANTAS 500123, 12 week returns for ELANTAS 500123 have been negative, with total returns of -1726.1, which is -17.52% with investment starting at 9851.20.
An investment of 100,000 bucks in ELANTAS would have become 82480 bucks today.

ELANTAS 500123 moves in a range of 393.8 points on a week to week basis. This means that a total of approx 393.8 plus points of returns can be expected in a bullish week, and a total of 393.8 minus points can be expected in a bearish week.
This is about 4.85% of returns per week.

Weekly Candle Stick analysis of ELANTAS 500123

Candle stick analysis of ELANTAS as on 12 Thu Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 12.2 HC: 5 LC: 6.9 OC: 5.4

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 06 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 12.9 HC: 12.4 LC: 0.4 OC: 0

ELANTAS is moving towards a low expiry

ELANTAS is forming a DOJI candle

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

Candle stick ratios of ELANTAS are:
HL: 11.1 HC: 8.1 LC: 2.8 OC: 2.1

ELANTAS is moving towards a low expiry

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

Candle stick ratios of ELANTAS are:
HL: 11 HC: 3.2 LC: 7.6 OC: 5.5

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 13 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 12.2 HC: 7.8 LC: 4.1 OC: 10.4

ELANTAS is moving towards a low 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 -1490.8, which is -15.5% with investment starting at 9615.90.
An investment of 100,000 bucks in ELANTAS would have become 84500 bucks today.

ELANTAS 500123 moves in a range of 813 points on a month to month basis. This means that a total of approx 813 plus points of returns can be expected in a bullish month, and a total of 813 minus points can be expected in a bearish month.
This is about 10.01% of returns per month.

Monthly Candle Stick analysis of ELANTAS 500123

Candle stick analysis of ELANTAS as on 12 Thu Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 18.1 HC: 10.5 LC: 6.9 OC: 0

ELANTAS is moving towards a low 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

Candle stick analysis of ELANTAS as on 26 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 12.5 HC: 0.5 LC: 12 OC: 1.9

ELANTAS is moving towards a high expiry

Candle stick analysis of ELANTAS as on 28 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ELANTAS are:
HL: 13.1 HC: 6.6 LC: 6.1 OC: 7.9

ELANTAS is moving towards a low expiry

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Munafa technical analysis ELANTAS 500123 technical analysis buy or sell

 

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