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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
01 Thu Oct 584.65 604.00 605.75 574.80
30 Wed Sep 608.85 594.95 614.80 594.95
29 Tue Sep 594.85 598.95 605.80 591.35
28 Mon Sep 598.85 603.30 604.00 592.20
25 Fri Sep 603.00 610.25 611.60 595.10

Stock of Elgi Equipments Limited closed at 584.65 and it opened at 604.00
It moved inside a range of 574.80 and 605.75

52 week High is 653.40 and 52 week Low is 408.25
Financial Year High is 653.40 and Low is 460.10
This year High is 653.40 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 -7.85, which is -1.32% with investment starting at 592.50.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 98680 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 8.6 points on a day to day basis. This means that a total of approx 8.6 plus points of returns can be expected in a bullish day, and a total of 8.6 minus points can be expected in a bearish day.
This is about 1.47% 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 577.6, for a target of 596.7 or 612.67

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 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 5.4 HC: 3.6 LC: 1.7 OC: 0.3

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 30 Wed Sep 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: 1 LC: 2.3 OC: 3.3

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 29 Tue Sep 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 2.4 HC: 1.8 LC: 0.6 OC: 1.1

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 28 Mon Sep 2026 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: 0.9 LC: 1.1 OC: 0.1

Elgi Equipments Limited is moving towards a high expiry

Elgi Equipments Limited is forming a DOJI candle

Candle stick analysis of Elgi Equipments Limited as on 25 Fri Sep 2026 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: 1.4 LC: 1.3 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 positive, with total returns of 2.9499999999999, which is 0.51% with investment starting at 581.70.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 100510 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 14.2 points on a week to week basis. This means that a total of approx 14.2 plus points of returns can be expected in a bullish week, and a total of 14.2 minus points can be expected in a bearish week.
This is about 2.43% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 7 HC: 5.2 LC: 1.7 OC: 1.9

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 25 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.8 HC: 3.5 LC: 1.3 OC: 2.4

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 18 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 9.6 HC: 5.2 LC: 4.2 OC: 2.2

Elgi Equipments Limited is moving towards a low expiry

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

Candle stick ratios of Elgi Equipments Limited are:
HL: 8.5 HC: 5.8 LC: 2.5 OC: 1.2

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 04 Fri Sep 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: 0.5 LC: 4.6 OC: 2.1

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 74.15, which is 14.52% with investment starting at 510.50.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 114520 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 41.6 points on a month to month basis. This means that a total of approx 41.6 plus points of returns can be expected in a bullish month, and a total of 41.6 minus points can be expected in a bearish month.
This is about 7.12% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 7 HC: 5.2 LC: 1.7 OC: 1.9

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 25 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 11.7 HC: 8.4 LC: 3.1 OC: 3.4

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 28 Fri Aug 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 13.1 HC: 2.4 LC: 10.4 OC: 13

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 31 Fri Jul 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 9.7 HC: 8.8 LC: 0.8 OC: 2.3

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 25 Thu Jun 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 11.1 HC: 4.6 LC: 6.3 OC: 8.9

Elgi Equipments Limited is moving towards a high expiry

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

 

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