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Munafa technical analysis Elgi Equipments Limited ELGIEQUIP technical analysis buy or sell

Munafa technical analysis Elgi Equipments Limited ELGIEQUIP technical analysis buy or sell Analysis of Elgi Equipments Limited ELGIEQUIP to buy or sell for Daily, weekly or monthly

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Elgi Equipments Limited ELGIEQUIP Daily Analysis to buy or sell

As per my analysis of Elgi Equipments Limited ELGIEQUIP, 12 day returns for Elgi Equipments Limited ELGIEQUIP have been negative, with total returns of -27.5, which is -5.89% with investment starting at 466.85.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 94110 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 7.9 points on a day to day basis. This means that a total of approx 7.9 plus points of returns can be expected in a bullish day, and a total of 7.9 minus points can be expected in a bearish day.
This is about 1.8% of returns per day.

Elgi Equipments Limited Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elgi Equipments Limited ELGIEQUIP at this time.

It appears as if Elgi Equipments Limited ELGIEQUIP gave a large move recently.

Stock of Elgi Equipments Limited (ELGIEQUIP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of Elgi Equipments Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 434 as stoploss in an intra day buy trade for a target of 453.52. However, stock will show a bearish move below 434.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 22 Thu Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.3 HC: 0.4 LC: 2.8 OC: 3.3

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 21 Wed Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 5.5 HC: 1.3 LC: 4.1 OC: 5.1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 20 Tue Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.4 HC: 3.8 LC: 0.6 OC: 1.3

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 19 Mon Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 1.9 HC: 0.8 LC: 1.1 OC: 1.1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.6 HC: 2.7 LC: 0.9 OC: 0.5

Elgi Equipments Limited is moving towards a low expiry

Elgi Equipments Limited is forming a DOJI candle

Elgi Equipments Limited ELGIEQUIP Weekly Analysis to buy or sell

As per my analysis of Elgi Equipments Limited ELGIEQUIP, 12 week returns for Elgi Equipments Limited ELGIEQUIP have been negative, with total returns of -39.8, which is -8.31% with investment starting at 479.15.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 91690 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 17.8 points on a week to week basis. This means that a total of approx 17.8 plus points of returns can be expected in a bullish week, and a total of 17.8 minus points can be expected in a bearish week.
This is about 4.05% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 22 Thu Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 8.1 HC: 0.4 LC: 7.6 OC: 3.1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.1 HC: 5.2 LC: 0.9 OC: 1.5

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 09 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 9.4 HC: 8.9 LC: 0.5 OC: 0.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 02 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 7.4 HC: 0.2 LC: 7.2 OC: 5.1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 26 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.2 HC: 3.1 LC: 0.2 OC: 0.5

Elgi Equipments Limited is moving towards a low expiry

Elgi Equipments Limited is forming a DOJI candle

Elgi Equipments Limited ELGIEQUIP Monthly Analysis to buy or sell

As per my analysis of Elgi Equipments Limited ELGIEQUIP, 12 month returns for Elgi Equipments Limited ELGIEQUIP have been positive, with total returns of 11.25, which is 2.63% with investment starting at 428.10.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 102630 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 42.5 points on a month to month basis. This means that a total of approx 42.5 plus points of returns can be expected in a bullish month, and a total of 42.5 minus points can be expected in a bearish month.
This is about 9.67% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 22 Thu Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 19.2 HC: 10.8 LC: 7.6 OC: 5.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 26 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 11.5 HC: 11.3 LC: 0.2 OC: 1

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 28 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 13.8 HC: 4.7 LC: 8.7 OC: 6.7

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 31 Fri Oct 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 11.2 HC: 2.5 LC: 8.5 OC: 4.7

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 26 Fri Sep 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 10.8 HC: 5.6 LC: 4.9 OC: 7.9

Elgi Equipments Limited is moving towards a low expiry

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