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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: 15 Jul 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 576.35 and Closed at: 571.00, which is -0.99% of previous session's close. It moved within a range of 569.15 and 583.95
The session was a Bearish session with an average volume of 274955, which is 35.89% of previous session's volumes.

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

A Dead cross was found 8 days back on short term averages

Support for tomorrow is 562.68 and resistance for tomorrow is 577.48
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 565.45, 559.9 resistance for tomorrow's hourly charts is 580.25, 589.5

10 Day SMA for Elgi Equipments (ELGIEQUIP) is 581.5 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Elgi Equipments (ELGIEQUIP) is 594.48 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 579.96 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 547.16 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Elgi Equipments is 512.51 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Elgi Equipments is at 594.48 and 200 DMA is at 512.51, while 50 DMA and 100 DMA are at 579.96 and 547.16 respectively

Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 594.48 and 20 EMA is at 587.15

Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 579.96 and 50 EMA is at 577.21

Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 547.16 and 100 EMA is at 554.29

Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 512.51 and 200 EMA is at 532.63

Windsor Machines has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Windsor Machines, about 0.3% more returns!

Wendt India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Wendt India, about 3.57% more returns!

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

Eimco Elecon has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Eimco Elecon, about 20.84% more returns!

Elgi Equipments has performed better than Elecon Engineering 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 39.19% 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 3.32% more returns!

Ion Exchange has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Ion Exchange, about 22.91% more returns!

Kabra Extrusion has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Kabra Extrusion, about 40.02% more returns!

Kirloskar Brothers has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Kirloskar Brothers, about 10.84% more returns!

Nrb Bearing has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Nrb Bearing, about 5.48% more returns!

Shakti Pumps has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Shakti Pumps, about 6.72% more returns!

Somi Conv has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Somi Conv, about 3.46% more returns!

Texmaco Infrastructure has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Texmaco Infrastructure, about 17.36% more returns!

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

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.

Elgi Equipments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 581.99 and Elgi Equipments ELGIEQUIP stock is trading below this level. This means that stock is falling with high volumes. 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

Chart Elgi Equipments (ELGIEQUIP)  Technical (Analysis) Reports Elgi Equipments [

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