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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
05 Fri Dec 500.80 492.00 504.00 492.00
04 Thu Dec 491.45 508.50 508.50 489.85
03 Wed Dec 506.50 509.00 515.00 504.80
02 Tue Dec 505.95 500.15 513.00 500.15
01 Mon Dec 500.15 510.00 512.70 498.55

Stock of Elgi Equipments Limited closed at 500.80 and it opened at 492.00
It moved inside a range of 492.00 and 504.00

52 week High is 639.45 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 -6.75, which is -1.33% with investment starting at 507.55.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 98670 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 8.8 points on a day to day basis. This means that a total of approx 8.8 plus points of returns can be expected in a bullish day, and a total of 8.8 minus points can be expected in a bearish day.
This is about 1.76% 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Elgi Equipments Limited is bullish for shortterm, and stock might move up till 508.1 or till 519.7. Use a stoploss of 498.38 and if this stock hits its stoploss, then it can fall down till 488.67

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 05 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: 2.4 HC: 0.6 LC: 1.8 OC: 2.4

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 04 Thu 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: 3.8 HC: 3.5 LC: 0.3 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 03 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: 2 HC: 1.7 LC: 0.3 OC: 1.2

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 02 Tue 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: 2.6 HC: 1.4 LC: 1.2 OC: 2.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 01 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: 2.8 HC: 2.5 LC: 0.3 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 positive, with total returns of 0.44999999999999, which is 0.09% with investment starting at 500.35.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 100090 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 15.5 points on a week to week basis. This means that a total of approx 15.5 plus points of returns can be expected in a bullish week, and a total of 15.5 minus points can be expected in a bearish week.
This is about 3.1% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

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

Candle stick analysis of Elgi Equipments Limited as on 21 Fri Nov 2025 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: 8.5 LC: 0.4 OC: 5.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 14 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: 8.2 HC: 1.3 LC: 6.8 OC: 6

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 07 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 5.9 HC: 4.5 LC: 1.3 OC: 0

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 negative, with total returns of -40.1, which is -7.41% with investment starting at 540.90.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 92590 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 40.4 points on a month to month basis. This means that a total of approx 40.4 plus points of returns can be expected in a bullish month, and a total of 40.4 minus points can be expected in a bearish month.
This is about 8.07% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

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

 

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