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: 27 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 618.95 and Closed at: 599.25, which is -3.05% of previous session's close. It moved within a range of 597.10 and 618.95
The session was a Bearish session with an average volume of 400200, which is 25.03% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- There is some negative change in the mid term trend, but its too soon to jump onto conclusions.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
A Golden cross was found 8 days back on mid term averages
Support for tomorrow is 587.25 and resistance for tomorrow is 609.1
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 591.25, 583.25 resistance for tomorrow's hourly charts is 613.1, 626.95
10 Day SMA for Elgi Equipments (ELGIEQUIP) is 620.15 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 600.76 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 593.96 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 575.52 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Elgi Equipments is 529.34 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Elgi Equipments is at 600.76 and 200 DMA is at 529.34, while 50 DMA and 100 DMA are at 593.96 and 575.52 respectively
Elgi Equipments (ELGIEQUIP) moving average of 20 SMA is at 600.76 and 20 EMA is at 605
| Date | Closing Price | 20 SMA | 20 EMA |
| 27 Thu Aug | 599.25 | 600.76 | 605 |
| 26 Wed Aug | 617.55 | 599.26 | 605.61 |
| 25 Tue Aug | 610.25 | 597.24 | 604.35 |
| 24 Mon Aug | 621.95 | 595.2 | 603.73 |
| 21 Fri Aug | 634.35 | 593.04 | 601.81 |
| 20 Thu Aug | 632.45 | 590.19 | 598.39 |
Elgi Equipments (ELGIEQUIP) moving average of 50 SMA is at 593.96 and 50 EMA is at 592.62
| Date | Closing Price | 50 SMA | 50 EMA |
| 27 Thu Aug | 599.25 | 593.96 | 592.62 |
| 26 Wed Aug | 617.55 | 593.98 | 592.35 |
| 25 Tue Aug | 610.25 | 593.66 | 591.32 |
| 24 Mon Aug | 621.95 | 593.63 | 590.55 |
| 21 Fri Aug | 634.35 | 593.27 | 589.27 |
| 20 Thu Aug | 632.45 | 592.45 | 587.43 |
Elgi Equipments (ELGIEQUIP) moving average of 100 SMA is at 575.52 and 100 EMA is at 573.68
| Date | Closing Price | 100 SMA | 100 EMA |
| 27 Thu Aug | 599.25 | 575.52 | 573.68 |
| 26 Wed Aug | 617.55 | 574.32 | 573.16 |
| 25 Tue Aug | 610.25 | 572.94 | 572.26 |
| 24 Mon Aug | 621.95 | 571.51 | 571.49 |
| 21 Fri Aug | 634.35 | 570.02 | 570.47 |
| 20 Thu Aug | 632.45 | 568.55 | 569.18 |
Elgi Equipments (ELGIEQUIP) moving average of 200 SMA is at 529.34 and 200 EMA is at 548.13
| Date | Closing Price | 200 SMA | 200 EMA |
| 27 Thu Aug | 599.25 | 529.34 | 548.13 |
| 26 Wed Aug | 617.55 | 528.76 | 547.61 |
| 25 Tue Aug | 610.25 | 528.08 | 546.9 |
| 24 Mon Aug | 621.95 | 527.51 | 546.26 |
| 21 Fri Aug | 634.35 | 526.89 | 545.5 |
| 20 Thu Aug | 632.45 | 526.22 | 544.6 |
Elgi Equipments has performed better than Cummins India in short term. Holding Elgi Equipments could be a better choice for now!
Elgi Equipments has performed better than Batliboi 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 6% more returns!
Eimco Elecon has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Eimco Elecon, about 18.97% 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 1.12% more returns!
Elgi Equipments has performed better than Ion Exchange 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!
Nrb Bearing has performed better than Elgi Equipments in short term. You could have earned much better returns by investing in Nrb Bearing, about 8.63% 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 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 has performed better than Wendt 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 2.16% 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elgi Equipments in short term but the sell signal is initial and weak.
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 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 SELL signal in short term and selling is picking up 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 618.08 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 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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