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NSE Stock ELGIEQUIP Historical charts - Elgi Equipments Limited

Historical charts for Stock ELGIEQUIP - Share Elgi Equipments Limited trades in NSE under Industrial Machinery

Moving Averages for

  • 5Day Average: 502.91
  • 12Day Average: 499.41
  • 20Day Average: 497.3
  • 50Day Average: 489.83
  • 100Day Average: 503.74
  • 150Day Average: 505.03

ELGIEQUIP Indicators & signals

Indicator MACD (12,26,9)

499.25, 496.16, 3.47
Indicator MACD is in positive zone

Indicator ADX (14)

12.11, 24.04, 18.85
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELGIEQUIP are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Thu Dec 2025 491.45 489.85 to 508.50 -2.97% 0.27 times
03 Wed Dec 2025 506.50 504.80 to 515.00 0.11% 0.4 times
02 Tue Dec 2025 505.95 500.15 to 513.00 1.16% 0.32 times
01 Mon Dec 2025 500.15 498.55 to 512.70 -2.03% 0.35 times
28 Fri Nov 2025 510.50 498.55 to 520.80 2.4% 2.01 times
27 Thu Nov 2025 498.55 492.95 to 507.55 -0.02% 0.41 times
26 Wed Nov 2025 498.65 483.05 to 510.00 3.78% 2.24 times
25 Tue Nov 2025 480.50 473.30 to 495.75 -3.1% 2.79 times
24 Mon Nov 2025 495.85 487.15 to 498.45 0.63% 0.29 times
21 Fri Nov 2025 492.75 491.05 to 508.00 -2.92% 0.28 times
20 Thu Nov 2025 507.55 501.00 to 513.35 0.59% 0.91 times
19 Wed Nov 2025 504.55 499.25 to 508.00 -0.07% 0.2 times

Technical analysis forecast for ELGIEQUIP Stock is that its 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 ELGIEQUIP ELGIEQUIP at this time. Stock is falling and might fall more.

It appears as if ELGIEQUIP ELGIEQUIP gave a large move recently.

Stock of ELGIEQUIP (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 ELGIEQUIP is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 486.9 as stoploss in an intra day buy trade for a target of 497.4. However, stock will show a bearish move below 486.9.

Tomorrow's movement Prediction of ELGIEQUIP appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of ELGIEQUIP is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 491.9

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock ELGIEQUIP Historical charts - Share Elgi Equipments Limited

 

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