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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: 30 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 567.00 and Closed at: 553.50, which is -2.23% of previous session's close. It moved within a range of 547.00 and 567.00
The session was a Bearish session with an average volume of 295493, which is -159.55% of previous session's volumes.

• Even though the stock has fallen, but its short term trend is positive and in an uptrend.
• 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 Golden cross was found 9 days back on long term averages

Support for tomorrow is 540.25 and resistance for tomorrow is 560.25
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 544.67, 535.83 resistance for tomorrow's hourly charts is 564.67, 575.83

10 Day SMA for Elgi Equipments (ELGIEQUIP) is 552.87 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 527.49 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 513.47 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 489.59 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Elgi Equipments is 497.21 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Elgi Equipments is at 527.49 and 200 DMA is at 497.21, while 50 DMA and 100 DMA are at 513.47 and 489.59 respectively

Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 527.49 and 20 EMA is at 534.03

Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 513.47 and 50 EMA is at 513.24

Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 489.59 and 100 EMA is at 501.77

Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 497.21 and 200 EMA is at 503.92

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

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

Dynamatic Technologies has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Dynamatic Technologies, about 7.68% 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 17.33% 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 10.24% 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 2.83% 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 6.07% 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 1.99% 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 9.6% 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 6.35% more returns!

Manugraph India has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Manugraph India, about 13.17% 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 4.28% more returns!

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 0.25% more returns!

Elgi Equipments has performed better than Texmaco Infrastructure 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!

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Elgi Equipments in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 554.49 and Elgi Equipments ELGIEQUIP stock is trading below this level. This means that stock is falling with high volumes. 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

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