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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

Date Close Open High Low
13 Fri Mar 469.50 490.00 490.00 467.05
12 Thu Mar 490.65 493.15 497.85 478.00
11 Wed Mar 501.10 515.75 527.00 498.20
10 Tue Mar 518.20 512.35 522.00 505.10
09 Mon Mar 504.95 507.00 512.55 492.55

Stock of Elgi Equipments Limited closed at 469.50 and it opened at 490.00
It moved inside a range of 467.05 and 490.00

52 week High is 608.40 and 52 week Low is 401.00
Financial Year High is 469.50 and Low is 467.05
This year High is 552.50 and Low is 408.25

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 -75.45, which is -13.85% with investment starting at 544.95.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 86150 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 8.4 points on a day to day basis. This means that a total of approx 8.4 plus points of returns can be expected in a bullish day, and a total of 8.4 minus points can be expected in a bearish day.
This is about 1.79% 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...

Although my analysis for Elgi Equipments Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 474.7, for a target of 498.7 or 518.62

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 13 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.9 HC: 4.4 LC: 0.5 OC: 0

Elgi Equipments Limited is moving towards a low expiry

Elgi Equipments Limited is forming a DOJI candle

Candle stick analysis of Elgi Equipments Limited as on 12 Thu Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.2 HC: 1.5 LC: 2.7 OC: 1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 11 Wed Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 5.8 HC: 5.2 LC: 0.6 OC: 2.2

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 10 Tue Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.4 HC: 0.7 LC: 2.6 OC: 1.9

Elgi Equipments Limited is moving towards a high expiry

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

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.1 HC: 1.5 LC: 2.5 OC: 1.1

Elgi Equipments Limited is moving towards a high expiry

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 positive, with total returns of 6.7, which is 1.45% with investment starting at 462.80.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 101450 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 18.5 points on a week to week basis. This means that a total of approx 18.5 plus points of returns can be expected in a bullish week, and a total of 18.5 minus points can be expected in a bearish week.
This is about 3.94% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 13 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 12.8 HC: 12.3 LC: 0.5 OC: 3.9

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 06 Fri Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.5 HC: 1.5 LC: 4.9 OC: 1.9

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 27 Fri Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.8 HC: 3.3 LC: 0.5 OC: 3.3

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 20 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 18 HC: 2.4 LC: 15.2 OC: 7.5

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 13 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.9 HC: 2.8 LC: 4 OC: 5.5

Elgi Equipments Limited is moving towards a high expiry

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 14.95, which is 3.29% with investment starting at 454.55.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 103290 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 42 points on a month to month basis. This means that a total of approx 42 plus points of returns can be expected in a bullish month, and a total of 42 minus points can be expected in a bearish month.
This is about 8.95% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 13 Fri Mar 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 12.8 HC: 12.3 LC: 0.5 OC: 1.9

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 27 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 30.2 HC: 3.3 LC: 26 OC: 26.6

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 30 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: 19.2 HC: 12.9 LC: 5.6 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

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