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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: 13 Mar 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 490.00 and Closed at: 469.50, which is -4.5% of previous session's close. It moved within a range of 467.05 and 490.00
The session was a Bearish session with an average volume of 417436, which is -19.11% of previous session's volumes.

  • There is some negative change in the mid term trend, but its too soon to jump onto conclusions.
  • There is some negative change in the long term trend, but its too soon to jump onto conclusions.

A Dead cross was found 3 days back on short term averages

Support for tomorrow is 456.8 and resistance for tomorrow is 479.75
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 461.03, 452.57 resistance for tomorrow's hourly charts is 483.98, 498.47

10 Day SMA for Elgi Equipments (ELGIEQUIP) is 507.42 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 518.62 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 481.56 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 484.58 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Elgi Equipments is 500.05 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Elgi Equipments is at 518.62 and 200 DMA is at 500.05, while 50 DMA and 100 DMA are at 481.56 and 484.58 respectively

Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 518.62 and 20 EMA is at 505.95

Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 481.56 and 50 EMA is at 494.61

Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 484.58 and 100 EMA is at 490.23

Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 500.05 and 200 EMA is at 502.75

Elgi Equipments has performed better than W S 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 0.53% 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 3.98% 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!

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

Ingersoll Rand has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Ingersoll Rand, about 6.71% more returns!

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

Kabra Extrusion has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Kabra Extrusion, about 0.79% 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 2.6% more returns!

Elgi Equipments has performed better than Kirloskar Industries 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 20.02% more returns!

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

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

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 SELL. 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.

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 SELL signal for Elgi Equipments in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 505.68 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 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

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

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