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: 05 Aug 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 595.00 and Closed at: 584.10, which is -1.22% of previous session's close. It moved within a range of 580.00 and 599.70
The session was a Bearish session with an average volume of 337840, which is -65.73% of previous session's volumes.
- 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 4 days back on short term averages
A Golden cross was found 6 days back on short term averages
Support for tomorrow is 572.2 and resistance for tomorrow is 591.9
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 576.17, 568.23 resistance for tomorrow's hourly charts is 595.87, 607.63
10 Day SMA for Elgi Equipments (ELGIEQUIP) is 578.55 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 580.35 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 590.8 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 555.54 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Elgi Equipments is 519.46 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Elgi Equipments is at 580.35 and 200 DMA is at 519.46, while 50 DMA and 100 DMA are at 590.8 and 555.54 respectively
Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 580.35 and 20 EMA is at 582.17
| Date | Closing Price | 20 SMA | 20 EMA |
| 05 Wed Aug | 584.10 | 580.35 | 582.17 |
| 04 Tue Aug | 591.20 | 579.92 | 581.97 |
| 03 Mon Aug | 582.60 | 579.81 | 581 |
| 31 Fri Jul | 569.65 | 580.28 | 580.83 |
| 30 Thu Jul | 569.15 | 580.72 | 582.01 |
| 29 Wed Jul | 577.15 | 581.96 | 583.36 |
Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 590.8 and 50 EMA is at 578.95
| Date | Closing Price | 50 SMA | 50 EMA |
| 05 Wed Aug | 584.10 | 590.8 | 578.95 |
| 04 Tue Aug | 591.20 | 590.48 | 578.74 |
| 03 Mon Aug | 582.60 | 589.86 | 578.23 |
| 31 Fri Jul | 569.65 | 589.56 | 578.05 |
| 30 Thu Jul | 569.15 | 589.47 | 578.39 |
| 29 Wed Jul | 577.15 | 588.91 | 578.77 |
Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 555.54 and 100 EMA is at 561.23
| Date | Closing Price | 100 SMA | 100 EMA |
| 05 Wed Aug | 584.10 | 555.54 | 561.23 |
| 04 Tue Aug | 591.20 | 554.75 | 560.77 |
| 03 Mon Aug | 582.60 | 554.03 | 560.16 |
| 31 Fri Jul | 569.65 | 553.39 | 559.71 |
| 30 Thu Jul | 569.15 | 552.66 | 559.51 |
| 29 Wed Jul | 577.15 | 552.17 | 559.32 |
Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 519.46 and 200 EMA is at 538.6
| Date | Closing Price | 200 SMA | 200 EMA |
| 05 Wed Aug | 584.10 | 519.46 | 538.6 |
| 04 Tue Aug | 591.20 | 518.9 | 538.14 |
| 03 Mon Aug | 582.60 | 518.37 | 537.6 |
| 31 Fri Jul | 569.65 | 517.89 | 537.15 |
| 30 Thu Jul | 569.15 | 517.48 | 536.82 |
| 29 Wed Jul | 577.15 | 517.11 | 536.49 |
Elgi Equipments has performed better than Windsor Machines in short term. Holding Elgi Equipments could be a better choice for now!
Wendt India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Wendt India, about 5.26% more returns!
Elgi Equipments has performed better than Cummins India in short term. Holding Elgi Equipments could be a better choice for now!
Batliboi has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Batliboi, about 15% more returns!
Dynamatic Technologies has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Dynamatic Technologies, about 2.14% more returns!
Elgi Equipments has performed better than Elecon Engineering in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Greaves Cotton in short term. Holding Elgi Equipments could be a better choice for now!
Honda Siel has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Honda Siel, about 0.59% more returns!
Elgi Equipments has performed better than Ingersoll Rand in short term. Holding Elgi Equipments could be a better choice for now!
Ion Exchange has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Ion Exchange, about 4.14% 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 4.8% more returns!
Elgi Equipments has performed better than Kirloskar Industries 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 9.07% 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 Texmaco Infrastructure 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equipments in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equipments in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 581.85 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 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
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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