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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: 576.83
  • 12Day Average: 581.52
  • 20Day Average: 592.54
  • 50Day Average: 581.4
  • 100Day Average: 548.61
  • 150Day Average: 521.17

ELGIEQUIP Indicators & signals

Indicator MACD (12,26,9)

583.1, 586.25, -0.43
Indicator MACD is in negative zone

Indicator ADX (14)

21.8, 11.45, 17.84
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
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
17 Fri Jul 2026 581.70 569.70 to 584.45 0.02% 0.87 times
16 Thu Jul 2026 581.60 569.85 to 585.00 1.86% 1.45 times
15 Wed Jul 2026 571.00 569.15 to 583.95 -0.98% 0.98 times
14 Tue Jul 2026 576.65 565.40 to 578.45 0.6% 0.63 times
13 Mon Jul 2026 573.20 568.65 to 579.95 -0.55% 0.73 times
10 Fri Jul 2026 576.35 569.40 to 594.50 -2.1% 1.4 times
09 Thu Jul 2026 588.70 577.70 to 591.95 2.28% 0.57 times
08 Wed Jul 2026 575.55 571.05 to 596.00 -2.28% 0.81 times
07 Tue Jul 2026 589.00 584.30 to 599.00 -0.5% 0.94 times
06 Mon Jul 2026 591.95 571.10 to 595.90 2.32% 1.32 times
03 Fri Jul 2026 578.55 576.65 to 599.20 -2.6% 1.18 times
02 Thu Jul 2026 594.00 592.00 to 610.70 -1.96% 1.19 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 571 or till 552.8. Use a stoploss of 586.15 and if the stock hits stoploss, then it can shoot up till 601.32

Munafa value: 50

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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