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 |
| 10 Thu Sep | 621.60 | 621.80 | 624.90 | 602.50 |
| 09 Wed Sep | 618.85 | 640.00 | 645.90 | 617.50 |
| 08 Tue Sep | 638.20 | 644.90 | 645.50 | 635.10 |
| 07 Mon Sep | 642.40 | 645.95 | 653.40 | 637.30 |
| 04 Fri Sep | 642.10 | 632.95 | 645.40 | 627.50 |
Stock of Elgi Equipments Limited closed at 621.60 and it opened at 621.80
It moved inside a range of 602.50 and 624.90
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 positive, with total returns of 4.0500000000001, which is 0.66% with investment starting at 617.55.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 100660 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 10.1 points on a day to day basis. This means that a total of approx 10.1 plus points of returns can be expected in a bullish day, and a total of 10.1 minus points can be expected in a bearish day.
This is about 1.62% 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 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.
My analysis of Elgi Equipments Limited is bearish for shortterm, and stock might move down till 613.5 or till 599.9. Use a stoploss of 624.84 and if the stock hits stoploss, then it can shoot up till 636.15
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 10 Thu 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: 3.7 HC: 0.5 LC: 3.2 OC: 0.5
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 09 Wed 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: 4.6 HC: 4.4 LC: 0.2 OC: 0.9
Elgi Equipments Limited is moving towards a low expiry
Candle stick analysis of Elgi Equipments Limited as on 08 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: 1.6 HC: 1.1 LC: 0.5 OC: 0.1
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 07 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: 2.5 HC: 1.7 LC: 0.8 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: 2.9 HC: 0.5 LC: 2.3 OC: 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 17.55, which is 2.91% with investment starting at 604.05.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 102910 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 13.9 points on a week to week basis. This means that a total of approx 13.9 plus points of returns can be expected in a bullish week, and a total of 13.9 minus points can be expected in a bearish week.
This is about 2.24% of returns per week.
Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 10 Thu 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: 5.1 LC: 3.2 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
Candle stick analysis of Elgi Equipments Limited as on 28 Fri Aug 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Elgi Equipments Limited are:
HL: 6.8 HC: 1.2 LC: 5.5 OC: 0.3
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 21 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: 6.8 HC: 1.5 LC: 5.2 OC: 4.9
Elgi Equipments Limited is moving towards a high expiry
Candle stick analysis of Elgi Equipments Limited as on 14 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: 8.7 HC: 1.6 LC: 7 OC: 4.6
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 124.2, which is 24.97% with investment starting at 497.40.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 124970 bucks today.
Elgi Equipments Limited ELGIEQUIP moves in a range of 39.3 points on a month to month basis. This means that a total of approx 39.3 plus points of returns can be expected in a bullish month, and a total of 39.3 minus points can be expected in a bearish month.
This is about 6.32% of returns per month.
Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP
Candle stick analysis of Elgi Equipments Limited as on 10 Thu 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: 5.1 LC: 3.2 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
Candle stick analysis of Elgi Equipments Limited as on 29 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: 24.8 HC: 10.5 LC: 12.9 OC: 15.3
Elgi Equipments Limited is moving towards a high expiry
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