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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
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 02 Mon Mar | 14.78 | 15.05 | 15.14 | 14.67 |
| 27 Fri Feb | 14.89 | 15.25 | 15.25 | 14.02 |
| 26 Thu Feb | 14.75 | 15.22 | 15.49 | 14.52 |
| 25 Wed Feb | 14.90 | 14.85 | 15.49 | 14.65 |
| 24 Tue Feb | 14.84 | 16.00 | 16.19 | 14.01 |
Stock of EL FORGE LTD closed at 14.78 and it opened at 15.05
It moved inside a range of 14.67 and 15.14
52 week High is 27.38 and 52 week Low is 12.85
Financial Year High is 14.78 and Low is 14.67
This year High is 19.21 and Low is 14.01
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 negative, with total returns of -1.65, which is -10.04% with investment starting at 16.43.
An investment of 100,000 bucks in EL FORGE LTD would have become 89960 bucks today.
EL FORGE LTD 531144 moves in a range of 0.5 points on a day to day basis. This means that a total of approx 0.5 plus points of returns can be expected in a bullish day, and a total of 0.5 minus points can be expected in a bearish day.
This is about 3.38% of returns per day.
EL FORGE LTD 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 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 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 EL FORGE LTD is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if EL FORGE LTD stays below 15.3, but if it comes above 15.3, then a intra day buy could be more profitable.
If you take a sell trade below 15.3, then use 15.3 as stoploss and 14.3 as target. However if you take a buy trade in EL FORGE LTD, then use 15.3 as stoploss and 16.16 as target.
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 02 Mon 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: 3.2 HC: 2.4 LC: 0.8 OC: 0.6
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: 8.8 HC: 2.4 LC: 6.2 OC: 0
EL FORGE LTD is moving towards a high expiry
EL FORGE LTD is forming a DOJI candle
Candle stick analysis of EL FORGE LTD as on 26 Thu 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: 6.7 HC: 5 LC: 1.6 OC: 1.8
EL FORGE LTD is moving towards a low expiry
Candle stick analysis of EL FORGE LTD as on 25 Wed Feb 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of EL FORGE LTD are:
HL: 5.7 HC: 4 LC: 1.7 OC: 4.3
EL FORGE LTD is moving towards a low expiry
Candle stick analysis of EL FORGE LTD as on 24 Tue 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: 15.6 HC: 9.1 LC: 5.9 OC: 1.2
EL FORGE LTD is moving towards a low expiry
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 1.18, which is 8.68% with investment starting at 13.60.
An investment of 100,000 bucks in EL FORGE LTD would have become 108680 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 5.41% of returns per week.
Weekly Candle Stick analysis of EL FORGE LTD 531144
Candle stick analysis of EL FORGE LTD as on 02 Mon 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: 3.2 HC: 2.4 LC: 0.8 OC: 0.6
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: 19.4 HC: 12.4 LC: 6.3 OC: 0
EL FORGE LTD is moving towards a low expiry
EL FORGE LTD is forming a DOJI candle
Candle stick analysis of EL FORGE LTD as on 20 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: 9.3 HC: 2.9 LC: 6.2 OC: 0.2
EL FORGE LTD is moving towards a high expiry
EL FORGE LTD is forming a DOJI candle
Candle stick analysis of EL FORGE LTD as on 13 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: 6.7 HC: 5.3 LC: 1.4 OC: 3.4
EL FORGE LTD is moving towards a low expiry
Candle stick analysis of EL FORGE LTD as on 06 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: 8.3 HC: 3.2 LC: 4.9 OC: 2.3
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 -7.96, which is -35% with investment starting at 22.74.
An investment of 100,000 bucks in EL FORGE LTD would have become 65000 bucks today.
EL FORGE LTD 531144 moves in a range of 2.1 points on a month to month basis. This means that a total of approx 2.1 plus points of returns can be expected in a bullish month, and a total of 2.1 minus points can be expected in a bearish month.
This is about 14.21% of returns per month.
Monthly Candle Stick analysis of EL FORGE LTD 531144
Candle stick analysis of EL FORGE LTD as on 02 Mon 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: 3.2 HC: 2.4 LC: 0.8 OC: 0.6
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
Candle stick analysis of EL FORGE LTD as on 26 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of EL FORGE LTD are:
HL: 22.6 HC: 18.6 LC: 3.4 OC: 3.9
EL FORGE LTD is moving towards a low expiry
Candle stick analysis of EL FORGE LTD as on 28 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of EL FORGE LTD are:
HL: 31.1 HC: 22.3 LC: 7.2 OC: 2.6
EL FORGE LTD is moving towards a low expiry
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