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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: 605.02
  • 12Day Average: 619.61
  • 20Day Average: 620.19
  • 50Day Average: 600.53
  • 100Day Average: 589.54
  • 150Day Average: 563.07

ELGIEQUIP Indicators & signals

Indicator MACD (12,26,9)

613.43, 612.83, 5.24
Indicator MACD is in positive zone

Indicator ADX (14)

2.61, 20.59, 21.69
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
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
18 Fri Sep 2026 609.55 593.30 to 613.30 2.74% 0.77 times
17 Thu Sep 2026 593.30 585.00 to 603.80 0.14% 0.74 times
16 Wed Sep 2026 592.50 590.10 to 615.05 -3.19% 1.03 times
15 Tue Sep 2026 612.05 606.80 to 641.40 -0.91% 1.21 times
11 Fri Sep 2026 617.70 610.65 to 627.60 -0.63% 0.65 times
10 Thu Sep 2026 621.60 602.50 to 624.90 0.44% 1.11 times
09 Wed Sep 2026 618.85 617.50 to 645.90 -3.03% 0.71 times
08 Tue Sep 2026 638.20 635.10 to 645.50 -0.65% 0.55 times
07 Mon Sep 2026 642.40 637.30 to 653.40 0.05% 1.56 times
04 Fri Sep 2026 642.10 627.50 to 645.40 1.86% 1.34 times
03 Thu Sep 2026 630.35 616.05 to 638.40 2.21% 1.09 times
02 Wed Sep 2026 616.75 613.90 to 627.05 -1.93% 0.66 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of ELGIEQUIP is bearish for shortterm, and stock might move down till 599.9 or till 582.9. Use a stoploss of 614.13 and if the stock hits stoploss, then it can shoot up till 628.35

Tomorrow's movement Prediction of ELGIEQUIP appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 65

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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