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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: 19 Jun 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 603.95 and Closed at: 612.75, which is 1.75% of previous session's close. It moved within a range of 600.00 and 614.95
The session was a Bullish session with an average volume of 773434, which is 69.47% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 606.38 and resistance for tomorrow is 621.33
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 603.52, 594.28 resistance for tomorrow's hourly charts is 618.47, 624.18
10 Day SMA for Elgi Equipments (ELGIEQUIP) is 602.69 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 593.63 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Elgi Equipments (ELGIEQUIP) is 562.12 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 525.56 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Elgi Equipments is 502.94 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Elgi Equipments is at 593.63 and 200 DMA is at 502.94, while 50 DMA and 100 DMA are at 562.12 and 525.56 respectively
Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 593.63 and 20 EMA is at 591.88
| Date | Closing Price | 20 SMA | 20 EMA |
| 19 Fri Jun | 612.75 | 593.63 | 591.88 |
| 18 Thu Jun | 602.00 | 591.36 | 589.68 |
| 17 Wed Jun | 600.10 | 589.52 | 588.38 |
| 16 Tue Jun | 601.30 | 586.57 | 587.15 |
| 15 Mon Jun | 608.80 | 583.18 | 585.66 |
| 12 Fri Jun | 603.85 | 578.9 | 583.22 |
Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 562.12 and 50 EMA is at 564.83
| Date | Closing Price | 50 SMA | 50 EMA |
| 19 Fri Jun | 612.75 | 562.12 | 564.83 |
| 18 Thu Jun | 602.00 | 559.52 | 562.88 |
| 17 Wed Jun | 600.10 | 557.08 | 561.28 |
| 16 Tue Jun | 601.30 | 554.67 | 559.7 |
| 15 Mon Jun | 608.80 | 552.22 | 558 |
| 12 Fri Jun | 603.85 | 549.39 | 555.93 |
Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 525.56 and 100 EMA is at 539.31
| Date | Closing Price | 100 SMA | 100 EMA |
| 19 Fri Jun | 612.75 | 525.56 | 539.31 |
| 18 Thu Jun | 602.00 | 523.68 | 537.83 |
| 17 Wed Jun | 600.10 | 521.82 | 536.53 |
| 16 Tue Jun | 601.30 | 520.11 | 535.25 |
| 15 Mon Jun | 608.80 | 518.41 | 533.92 |
| 12 Fri Jun | 603.85 | 516.72 | 532.41 |
Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 502.94 and 200 EMA is at 522.18
| Date | Closing Price | 200 SMA | 200 EMA |
| 19 Fri Jun | 612.75 | 502.94 | 522.18 |
| 18 Thu Jun | 602.00 | 502.3 | 521.27 |
| 17 Wed Jun | 600.10 | 501.77 | 520.45 |
| 16 Tue Jun | 601.30 | 501.27 | 519.65 |
| 15 Mon Jun | 608.80 | 500.79 | 518.83 |
| 12 Fri Jun | 603.85 | 500.28 | 517.92 |
Cummins India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Cummins India, about 0.17% more returns!
Elgi Equipments has performed better than Dynamatic Technologies in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Eimco Elecon 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 7.78% more returns!
Elgi Equipments has performed better than Honda Siel in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Ingersoll Rand in short term. Holding Elgi Equipments could be a better choice for now!
Nrb Bearing has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Nrb Bearing, about 5.15% more returns!
Elgi Equipments has performed better than Shakti Pumps in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Somi Conv in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Timken India in short term. Holding Elgi Equipments could be a better choice for now!
Windsor Machines has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Windsor Machines, about 3.57% more returns!
Elgi Equipments has performed better than W S in short term. Holding Elgi Equipments could be a better choice for now!
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 7.93% 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 10.99% more returns!
Elgi Equipments Technical analysis of indicators
Price action analysis of Elgi Equipments (ELGIEQUIP) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Elgi Equipments stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elgi Equipments in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equipments Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equipments in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 604.18 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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