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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
02 Thu Apr 479.70 479.10 482.05 460.10
01 Wed Apr 479.10 479.00 485.00 473.60
30 Mon Mar 467.15 473.40 477.75 464.80
27 Fri Mar 473.40 484.90 486.85 471.80
25 Wed Mar 487.35 483.00 493.90 483.00

Stock of Elgi Equipments Limited closed at 479.70 and it opened at 479.10
It moved inside a range of 460.10 and 482.05

52 week High is 608.40 and 52 week Low is 401.00
Financial Year High is 485.00 and Low is 460.10
This year High is 552.50 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 11.05, which is 2.36% with investment starting at 468.65.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 102360 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 5.2 points on a day to day basis. This means that a total of approx 5.2 plus points of returns can be expected in a bullish day, and a total of 5.2 minus points can be expected in a bearish day.
This is about 1.08% 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...

My analysis of Elgi Equipments Limited is bearish for shortterm, and stock might move down till 469.3 or till 448.6. Use a stoploss of 486.49 and if the stock hits stoploss, then it can shoot up till 503.69

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 02 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: 4.8 HC: 0.5 LC: 4.3 OC: 0.6

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 01 Wed 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: 2.4 HC: 1.2 LC: 1.2 OC: 1.3

Candle stick analysis of Elgi Equipments Limited as on 30 Mon 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: 2.8 HC: 2.3 LC: 0.5 OC: 0.9

Elgi Equipments Limited is moving towards a low 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: 3.2 HC: 2.8 LC: 0.3 OC: 0.4

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

Candle stick ratios of Elgi Equipments Limited are:
HL: 2.3 HC: 1.3 LC: 0.9 OC: 2.3

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 positive, with total returns of 48.35, which is 11.21% with investment starting at 431.35.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 111210 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 14.3 points on a week to week basis. This means that a total of approx 14.3 plus points of returns can be expected in a bullish week, and a total of 14.3 minus points can be expected in a bearish week.
This is about 2.98% of returns per week.

Weekly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 02 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: 5.4 HC: 1.1 LC: 4.3 OC: 2.5

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: 8.6 HC: 4.3 LC: 4 OC: 3.3

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 20 Fri Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.4 HC: 2 LC: 4.4 OC: 4.2

Elgi Equipments Limited is moving towards a high expiry

Candle stick analysis of Elgi Equipments Limited as on 13 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: 12.8 HC: 12.3 LC: 0.5 OC: 3.9

Elgi Equipments Limited is moving towards a low expiry

Candle stick analysis of Elgi Equipments Limited as on 06 Fri Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Elgi Equipments Limited are:
HL: 6.5 HC: 1.5 LC: 4.9 OC: 1.9

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 -55.5, which is -10.37% with investment starting at 535.20.
An investment of 100,000 bucks in Elgi Equipments Limited would have become 89630 bucks today.

Elgi Equipments Limited ELGIEQUIP moves in a range of 39.6 points on a month to month basis. This means that a total of approx 39.6 plus points of returns can be expected in a bullish month, and a total of 39.6 minus points can be expected in a bearish month.
This is about 8.26% of returns per month.

Monthly Candle Stick analysis of Elgi Equipments Limited ELGIEQUIP

Candle stick analysis of Elgi Equipments Limited as on 02 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: 5.4 HC: 1.1 LC: 4.3 OC: 2.5

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

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

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