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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
07 Wed Jan 472.05 466.10 477.95 466.10
06 Tue Jan 466.85 475.00 476.35 465.75
05 Mon Jan 476.70 483.80 486.65 475.35
02 Fri Jan 483.80 479.00 484.60 477.30
01 Thu Jan 476.15 474.35 479.05 473.75

Stock of Elgi Equipments Limited closed at 472.05 and it opened at 466.10
It moved inside a range of 466.10 and 477.95

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 486.65 and Low is 465.75

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 -0.89999999999998, which is -0.19% with investment starting at 472.95.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 99810 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 5.6 points on a day to day basis. This means that a total of approx 5.6 plus points of returns can be expected in a bullish day, and a total of 5.6 minus points can be expected in a bearish day.
This is about 1.19% 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.

My analysis of Elgi Equipments Limited is bearish for shortterm, and stock might move down till 465.5 or till 455.2. Use a stoploss of 474.03 and if the stock hits stoploss, then it can shoot up till 482.6

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 07 Wed Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 2.5 HC: 1.3 LC: 1.3 OC: 2.5

Candle stick analysis of Elgi Equipments Limited as on 06 Tue 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: 2.3 HC: 2 LC: 0.2 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 05 Mon 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: 2.4 HC: 2.1 LC: 0.3 OC: 0.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 02 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 1.5 HC: 0.2 LC: 1.4 OC: 1.2

Elgi Equipments Limited is moving towards a high expiry

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

Candle stick ratios of Elgi Equipments Limited are:
HL: 1.1 HC: 0.6 LC: 0.5 OC: 1

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 -15.6, which is -3.2% with investment starting at 487.65.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 96800 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 3.28% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 07 Wed 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: 4.5 HC: 3.1 LC: 1.4 OC: 0.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 02 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 7.4 HC: 0.2 LC: 7.2 OC: 5.1

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 26 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: 3.2 HC: 3.1 LC: 0.2 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

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 43.95, which is 10.27% with investment starting at 428.10.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 110270 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 8.81% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 07 Wed Jan 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 7.8 HC: 3.1 LC: 4.6 OC: 5.6

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 26 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: 11.5 HC: 11.3 LC: 0.2 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

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