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

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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 -25.45, which is -3.9% with investment starting at 653.35.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 96100 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 11.6 points on a day to day basis. This means that a total of approx 11.6 plus points of returns can be expected in a bullish day, and a total of 11.6 minus points can be expected in a bearish day.
This is about 1.85% 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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!

My analysis of Elgi Equipments Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 636.2 as stoploss in an intra day sell trade for a target of 614.17. However, stock will show a bullish move above 636.2.

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 23 Tue Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.2 HC: 0.5 LC: 2.8 OC: 0.9

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 22 Mon Apr 2024 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: 3.2 LC: 0.6 OC: 1.2

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 19 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 3.3 HC: 1.6 LC: 1.7 OC: 1.5

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 18 Thu Apr 2024 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: 2.6

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 16 Tue Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.3 HC: 3.3 LC: 1 OC: 1.1

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 -51.9, which is -7.63% with investment starting at 679.80.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 92370 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 29.9 points on a week to week basis. This means that a total of approx 29.9 plus points of returns can be expected in a bullish week, and a total of 29.9 minus points can be expected in a bearish week.
This is about 4.76% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 23 Tue Apr 2024 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: 0.8 LC: 2.9 OC: 1.2

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 19 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.2 HC: 3 LC: 3.1 OC: 2.4

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 12 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 8.1 HC: 4 LC: 4 OC: 2.6

Candle stick analysis of Elgi Equipments Limited as on 05 Fri Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 14.4 HC: 3.3 LC: 10.8 OC: 9.7

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 28 Thu Mar 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 4.9 HC: 0.6 LC: 4.4 OC: 2

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 84.3, which is 15.51% with investment starting at 543.60.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 115510 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 36 points on a month to month basis. This means that a total of approx 36 plus points of returns can be expected in a bullish month, and a total of 36 minus points can be expected in a bearish month.
This is about 5.73% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 23 Tue Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 14.4 HC: 6.6 LC: 7.4 OC: 9.7

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 28 Thu Mar 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 23.9 HC: 18.7 LC: 4.4 OC: 12.7

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 23 Fri Feb 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 21.3 HC: 11.3 LC: 9 OC: 20.5

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 25 Thu Jan 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 12.1 HC: 1.2 LC: 10.8 OC: 7.4

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 29 Fri Dec 2023 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 10.1 HC: 1.7 LC: 8.2 OC: 6

Elgi Equipments Limited is moving towards a high expiry

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