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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
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 23 Tue Dec | 470.45 | 473.95 | 476.30 | 468.50 |
| 22 Mon Dec | 472.95 | 474.60 | 477.05 | 469.70 |
| 19 Fri Dec | 470.60 | 470.30 | 473.00 | 467.00 |
| 18 Thu Dec | 467.40 | 467.00 | 470.70 | 464.25 |
| 17 Wed Dec | 467.80 | 478.95 | 480.10 | 466.30 |
Stock of Elgi Equipments Limited closed at 470.45 and it opened at 473.95
It moved inside a range of 468.50 and 476.30
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 608.40 and Low is 401.00
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 -12.8, which is -2.65% with investment starting at 483.25.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 97350 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 5.5 points on a day to day basis. This means that a total of approx 5.5 plus points of returns can be expected in a bullish day, and a total of 5.5 minus points can be expected in a bearish day.
This is about 1.17% 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 trade for tomorrow is selective. Take a sell trade only if Elgi Equipments Limited stays below 474.9, but if it comes above 474.9, then a intra day buy could be more profitable.
If you take a sell trade below 474.9, then use 474.9 as stoploss and 458.9 as target. However if you take a buy trade in Elgi Equipments Limited, then use 474.9 as stoploss and 488.16 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 23 Tue 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: 1.7 HC: 1.2 LC: 0.4 OC: 0.5
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 22 Mon 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: 1.6 HC: 0.9 LC: 0.7 OC: 0.5
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 19 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 1.3 HC: 0.5 LC: 0.8 OC: 0.6
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 18 Thu Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 1.4 HC: 0.7 LC: 0.7 OC: 0.8
Candle stick analysis of Elgi Equipments Limited as on 17 Wed 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 HC: 2.6 LC: 0.3 OC: 0.2
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 -13.4, which is -2.77% with investment starting at 483.85.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 97230 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 14.4 points on a week to week basis. This means that a total of approx 14.4 plus points of returns can be expected in a bullish week, and a total of 14.4 minus points can be expected in a bearish week.
This is about 3.06% of returns per week.
Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 23 Tue 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: 1.8 HC: 1.4 LC: 0.4 OC: 0.5
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 19 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: 6.5 HC: 5 LC: 1.4 OC: 1.3
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 12 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: 5.7 HC: 3.2 LC: 2.4 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 05 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: 5.1 HC: 2.8 LC: 2.2 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: 10 HC: 2 LC: 7.9 OC: 5.4
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 negative, with total returns of -70.45, which is -13.02% with investment starting at 540.90.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 86980 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 42.9 points on a month to month basis. This means that a total of approx 42.9 plus points of returns can be expected in a bullish month, and a total of 42.9 minus points can be expected in a bearish month.
This is about 9.12% of returns per month.
Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 23 Tue 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: 10.9 HC: 9.5 LC: 1.3 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
Candle stick analysis of Elgi Equipments Limited as on 29 Fri Aug 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 25.3 HC: 24.8 LC: 0.4 OC: 3.1
Elgi Equipments Limited is moving towards a low expiry
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