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
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 20 Fri Feb | 532.25 | 520.55 | 534.30 | 515.00 |
| 19 Thu Feb | 524.55 | 540.25 | 544.70 | 521.55 |
| 18 Wed Feb | 537.25 | 519.50 | 545.00 | 517.75 |
| 17 Tue Feb | 516.65 | 503.00 | 517.80 | 503.00 |
| 16 Mon Feb | 501.70 | 507.15 | 518.50 | 461.90 |
Stock of Elgi Equipments Limited closed at 532.25 and it opened at 520.55
It moved inside a range of 515.00 and 534.30
52 week High is 608.40 and 52 week Low is 401.00
Financial Year High is 608.40 and Low is 401.00
This year High is 545.00 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 positive, with total returns of 44.7, which is 9.17% with investment starting at 487.55.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 109170 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 7.7 points on a day to day basis. This means that a total of approx 7.7 plus points of returns can be expected in a bullish day, and a total of 7.7 minus points can be expected in a bearish day.
This is about 1.45% of returns per day.
Elgi Equipments Limited Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in 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 above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
My analysis of Elgi Equipments Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Elgi Equipments Limited stays above 520.6, but if it comes below 520.6, then a intra day sell could be more profitable.
If you take a sell trade below 520.6, then use 520.6 as stoploss and 483.12 as target. However if you take a buy trade in Elgi Equipments Limited, then use 520.6 as stoploss and 565.6 as target.
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 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: 3.8 HC: 0.4 LC: 3.4 OC: 2.6
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 19 Thu 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: 4.4 HC: 3.8 LC: 0.6 OC: 0.8
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 18 Wed 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: 5.3 HC: 1.4 LC: 3.8 OC: 4.9
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 17 Tue 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: 2.9 HC: 0.2 LC: 2.7 OC: 2.9
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 16 Mon 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: 12.3 HC: 3.4 LC: 8.6 OC: 2.2
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 31.45, which is 6.28% with investment starting at 500.80.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 106280 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 18.7 points on a week to week basis. This means that a total of approx 18.7 plus points of returns can be expected in a bullish week, and a total of 18.7 minus points can be expected in a bearish week.
This is about 3.51% of returns per week.
Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
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
Candle stick analysis of Elgi Equipments Limited as on 06 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: 17 HC: 2.3 LC: 14.4 OC: 13.8
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 green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 5.1 HC: 1.5 LC: 3.6 OC: 2.7
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 23 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: 8.8 HC: 4.5 LC: 4.1 OC: 3.7
Elgi Equipments Limited is moving towards a low 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 50.55, which is 10.49% with investment starting at 481.70.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 110490 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 42.2 points on a month to month basis. This means that a total of approx 42.2 plus points of returns can be expected in a bullish month, and a total of 42.2 minus points can be expected in a bearish month.
This is about 7.93% of returns per month.
Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
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: 28.4 HC: 2.4 LC: 25.4 OC: 24.8
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
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
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