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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: 08 Apr 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 492.85 and Closed at: 499.00, which is 3.28% of previous session's close. It moved within a range of 492.85 and 505.25
The session was a Bullish session with an average volume of 281917, which is -172.15% 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.
  • The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
  • Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.

A Dead cross was found 9 days back on mid term averages

A Dead cross was found 7 days back on long term averages

Support for tomorrow is 495.93 and resistance for tomorrow is 508.33
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 492.82, 486.63 resistance for tomorrow's hourly charts is 505.22, 511.43

10 Day SMA for Elgi Equipments (ELGIEQUIP) is 480.53 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 482.82 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 490.19 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 483.37 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Elgi Equipments is 496.33 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Elgi Equipments is at 482.82 and 200 DMA is at 496.33, while 50 DMA and 100 DMA are at 490.19 and 483.37 respectively

Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 482.82 and 20 EMA is at 485.97

Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 490.19 and 50 EMA is at 487.55

Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 483.37 and 100 EMA is at 487.25

Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 496.33 and 200 EMA is at 499.03

W S has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in W S, about 10.43% more returns!

Windsor Machines has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Windsor Machines, about 5.54% 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 6.49% 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 3.42% more returns!

Elgi Equipments has performed better than Dynamatic Technologies 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 10.32% more returns!

Elecon Engineering has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Elecon Engineering, about 4.67% more returns!

Greaves Cotton has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Greaves Cotton, about 0.53% 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 4.33% more returns!

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

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

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

Lokesh Machines has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Lokesh Machines, about 6.54% 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 9.63% more returns!

Timken India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Timken India, about 6.03% more returns!

Elgi Equipments Technical analysis of indicators

Price action analysis of Elgi Equipments (ELGIEQUIP) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Elgi Equipments stock for short term is BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 479.16 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

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

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