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Elgi Equipments (ELGIEQUIP) Technical (Analysis) Reports Elgi Equipments ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Elgi Equipments (ELGIEQUIP)

Technical Analysis Report for NSE stock ELGIEQUIP Elgi Equipments. Dated: 02 Nov 2026 Updated Daily. Stock trades under Industrial Machinery in NSE stock exchange

If you are looking for Tomorrow's Movement Predictions for NSE stock ELGIEQUIP Elgi Equipments then click here. or read Experts views on Elgi Equipments or Forecast & share price targets of Elgi Equipments

Elgi Equipments Opened at 512.00 and Closed at: 524.60, which is 2.96% of previous session's close. It moved within a range of 506.10 and 529.70
The session was a Bullish session with an average volume of 177078, which is 1.64% of previous session's volumes.

• Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
• Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
• The stock has shown an up move, and its long term trend is also positive and in an uptrend.

Support for tomorrow is 515.35 and resistance for tomorrow is 538.95
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 510.57, 496.53 resistance for tomorrow's hourly charts is 534.17, 543.73

10 Day SMA for Elgi Equipments (ELGIEQUIP) is 521.8 and stock is trading above these levels. This is a good sign for its short term trend

20 Day SMA for Elgi Equipments (ELGIEQUIP) is 552.75 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Elgi Equipments (ELGIEQUIP) is 590.52 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 591.19 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Elgi Equipments is 551.59 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Elgi Equipments is at 552.75 and 200 DMA is at 551.59, while 50 DMA and 100 DMA are at 590.52 and 591.19 respectively

Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 552.75 and 20 EMA is at 546

Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 590.52 and 50 EMA is at 572.08

Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 591.19 and 100 EMA is at 575.66

Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 551.59 and 200 EMA is at 560.49

Batliboi has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Batliboi, about 11.8% more returns!

Cummins India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Cummins India, about 5.08% more returns!

Elgi Equipments has performed better than Dynamatic Technologies in short term. Holding Elgi Equipments could be a better choice for now!

Greaves Cotton has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Greaves Cotton, about 4.62% more returns!

Honda Siel has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Honda Siel, about 6.53% more returns!

Ingersoll Rand has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Ingersoll Rand, about 12.95% more returns!

Elgi Equipments has performed better than Ion Exchange in short term. Holding Elgi Equipments could be a better choice for now!

Kirloskar Brothers has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Kirloskar Brothers, about 14.16% more returns!

Kirloskar Industries has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Kirloskar Industries, about 4.84% more returns!

Elgi Equipments has performed better than Lokesh Machines in short term. Holding Elgi Equipments could be a better choice for now!

Elgi Equipments has performed better than Nrb Bearing in short term. Holding Elgi Equipments could be a better choice for now!

Elgi Equipments has performed better than Shakti Pumps in short term. Holding Elgi Equipments could be a better choice for now!

Somi Conv has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Somi Conv, about 1.39% more returns!

Elgi Equipments has performed better than Wendt India in short term. Holding Elgi Equipments could be a better choice for now!

W S has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in W S, about 47.16% more returns!

Elgi Equipments Technical analysis of indicators

Price action analysis of Elgi Equipments (ELGIEQUIP) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elgi Equipments stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elgi Equipments in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elgi Equipments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Elgi Equipments in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Elgi Equipments is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 521.92 and Elgi Equipments ELGIEQUIP stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Elgi Equipments ELGIEQUIP stock. Volume based technical analysis of Elgi Equipments ELGIEQUIP stock is negative.

Elgi Equipments Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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 NSE stock ELGIEQUIP Elgi Equipments These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And ELGIEQUIP Experts View which covers a lot of information including buying and selling signals

ELGIEQUIP future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Elgi Equipments or View Candle Stick Charts here

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