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 |
| 14 Thu May | 524.40 | 518.50 | 528.00 | 508.75 |
| 13 Wed May | 518.50 | 522.00 | 529.15 | 516.00 |
| 12 Tue May | 522.95 | 540.00 | 540.90 | 521.00 |
| 11 Mon May | 541.75 | 556.00 | 556.00 | 538.65 |
| 08 Fri May | 559.10 | 561.25 | 571.80 | 556.35 |
Stock of Elgi Equipments Limited closed at 524.40 and it opened at 518.50
It moved inside a range of 508.75 and 528.00
52 week High is 608.40 and 52 week Low is 408.25
Financial Year High is 574.70 and Low is 460.10
This year High is 574.70 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 -28.25, which is -5.11% with investment starting at 552.65.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 94890 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 8.3 points on a day to day basis. This means that a total of approx 8.3 plus points of returns can be expected in a bullish day, and a total of 8.3 minus points can be expected in a bearish day.
This is about 1.58% 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
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 519.8, for a target of 534.8 or 547.25
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 14 Thu May 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: 0.7 LC: 3.1 OC: 1.8
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 13 Wed May 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 2.6 HC: 2.1 LC: 0.5 OC: 1.4
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 12 Tue May 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: 3.4 LC: 0.4 OC: 0.2
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 11 Mon May 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 3.2 HC: 2.6 LC: 0.6 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 08 Fri May 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: 2.3 LC: 0.5 OC: 1.9
Elgi Equipments Limited is moving towards a low 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 negative, with total returns of -10.35, which is -1.94% with investment starting at 534.75.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 98060 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 15.7 points on a week to week basis. This means that a total of approx 15.7 plus points of returns can be expected in a bullish week, and a total of 15.7 minus points can be expected in a bearish week.
This is about 2.99% of returns per week.
Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 14 Thu May 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 9.3 HC: 6 LC: 3.1 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 08 Fri May 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 5.9 HC: 2.3 LC: 3.5 OC: 4
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 30 Thu Apr 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: 3.8 LC: 1.2 OC: 4.7
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 24 Fri Apr 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 5.2 HC: 3.8 LC: 1.4 OC: 3.1
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 17 Fri Apr 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 10.5 HC: 0.5 LC: 10 OC: 9.5
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 negative, with total returns of -12.05, which is -2.25% with investment starting at 536.45.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 97750 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 40.9 points on a month to month basis. This means that a total of approx 40.9 plus points of returns can be expected in a bullish month, and a total of 40.9 minus points can be expected in a bearish month.
This is about 7.8% of returns per month.
Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 14 Thu May 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 12.4 HC: 9 LC: 3.1 OC: 4
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 30 Thu Apr 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 24.9 HC: 3.8 LC: 20.3 OC: 21.4
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 27 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: 15.8 HC: 11.3 LC: 4 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
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