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Munafa technical analysis EL FORGE LTD 531144 technical analysis buy or sell

Munafa technical analysis EL FORGE LTD 531144 technical analysis buy or sell Analysis of EL FORGE LTD 531144 to buy or sell for Daily, weekly or monthly

Date Close Open High Low
22 Fri May 18.43 19.44 21.00 18.00
21 Thu May 18.50 15.81 18.50 15.52
20 Wed May 15.42 15.03 16.00 14.32
19 Tue May 15.13 14.85 15.39 14.58
18 Mon May 14.78 15.30 15.30 14.40

Stock of EL FORGE LTD closed at 18.43 and it opened at 19.44
It moved inside a range of 18.00 and 21.00

52 week High is 26.49 and 52 week Low is 12.10
Financial Year High is 21.00 and Low is 12.40
This year High is 21.00 and Low is 12.10

EL FORGE LTD 531144 Daily Analysis to buy or sell

As per my analysis of EL FORGE LTD 531144, 12 day returns for EL FORGE LTD 531144 have been positive, with total returns of 3.03, which is 19.68% with investment starting at 15.40.
An investment of 100,000 bucks in EL FORGE LTD would have become 119680 bucks today.

EL FORGE LTD 531144 moves in a range of 0.6 points on a day to day basis. This means that a total of approx 0.6 plus points of returns can be expected in a bullish day, and a total of 0.6 minus points can be expected in a bearish day.
This is about 3.26% of returns per day.

EL FORGE LTD Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in EL FORGE LTD 531144 at this time.

It appears as if EL FORGE LTD 531144 gave a large move recently.

Stock of EL FORGE LTD (531144) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for EL FORGE LTD is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17.8, for a target of 16.6 or 15.55

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

Daily Candle Stick analysis of EL FORGE LTD 531144

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

Candle stick ratios of EL FORGE LTD are:
HL: 16.7 HC: 13.9 LC: 2.4 OC: 8

EL FORGE LTD is moving towards a low expiry

Candle stick analysis of EL FORGE LTD as on 21 Thu May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 19.2 HC: 0 LC: 19.2 OC: 17

EL FORGE LTD is moving towards a high expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 11.7 HC: 3.8 LC: 7.7 OC: 6.5

EL FORGE LTD is moving towards a high expiry

Candle stick analysis of EL FORGE LTD as on 19 Tue May 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 5.6 HC: 1.7 LC: 3.8 OC: 3.6

EL FORGE LTD is moving towards a high expiry

Candle stick analysis of EL FORGE LTD as on 18 Mon May 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 6.3 HC: 3.5 LC: 2.6 OC: 0

EL FORGE LTD is moving towards a low expiry

EL FORGE LTD is forming a DOJI candle

EL FORGE LTD 531144 Weekly Analysis to buy or sell

As per my analysis of EL FORGE LTD 531144, 12 week returns for EL FORGE LTD 531144 have been positive, with total returns of 3.57, which is 24.02% with investment starting at 14.86.
An investment of 100,000 bucks in EL FORGE LTD would have become 124020 bucks today.

EL FORGE LTD 531144 moves in a range of 0.8 points on a week to week basis. This means that a total of approx 0.8 plus points of returns can be expected in a bullish week, and a total of 0.8 minus points can be expected in a bearish week.
This is about 4.34% of returns per week.

Weekly Candle Stick analysis of EL FORGE LTD 531144

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

Candle stick ratios of EL FORGE LTD are:
HL: 46.7 HC: 13.9 LC: 28.7 OC: 37.3

EL FORGE LTD is moving towards a high expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 13.3 HC: 7.7 LC: 5.2 OC: 0.9

EL FORGE LTD is moving towards a low expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 7.7 HC: 3.4 LC: 4.2 OC: 4.3

EL FORGE LTD is moving towards a high expiry

Candle stick analysis of EL FORGE LTD as on 30 Thu Apr 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 5 HC: 2.6 LC: 2.3 OC: 1.6

EL FORGE LTD is moving towards a low expiry

Candle stick analysis of EL FORGE LTD as on 24 Fri Apr 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 9.8 HC: 4.6 LC: 5 OC: 6.6

EL FORGE LTD is moving towards a high expiry

EL FORGE LTD 531144 Monthly Analysis to buy or sell

As per my analysis of EL FORGE LTD 531144, 12 month returns for EL FORGE LTD 531144 have been negative, with total returns of -1.84, which is -9.08% with investment starting at 20.27.
An investment of 100,000 bucks in EL FORGE LTD would have become 90920 bucks today.

EL FORGE LTD 531144 moves in a range of 2.3 points on a month to month basis. This means that a total of approx 2.3 plus points of returns can be expected in a bullish month, and a total of 2.3 minus points can be expected in a bearish month.
This is about 12.48% of returns per month.

Monthly Candle Stick analysis of EL FORGE LTD 531144

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

Candle stick ratios of EL FORGE LTD are:
HL: 47.4 HC: 13.9 LC: 29.3 OC: 35.5

EL FORGE LTD is moving towards a high expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 39.7 HC: 10.1 LC: 26.9 OC: 35

EL FORGE LTD is moving towards a high expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 21.5 HC: 20.9 LC: 0.5 OC: 1.3

EL FORGE LTD is moving towards a low expiry

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

Candle stick ratios of EL FORGE LTD are:
HL: 23.7 HC: 16.4 LC: 6.3 OC: 2.3

EL FORGE LTD is moving towards a low expiry

Candle stick analysis of EL FORGE LTD as on 30 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of EL FORGE LTD are:
HL: 47.7 HC: 15.8 LC: 27.5 OC: 43.7

EL FORGE LTD is moving towards a high expiry

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Munafa technical analysis EL FORGE LTD 531144 technical analysis buy or sell

 

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