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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: 469.46
  • 12Day Average: 477.78
  • 20Day Average: 486.52
  • 50Day Average: 487.52
  • 100Day Average: 492.44
  • 150Day Average: 506.62

ELGIEQUIP Indicators & signals

Indicator MACD (12,26,9)

476.71, 483.56, -4.39
Indicator MACD is in negative zone

Indicator ADX (14)

22.61, 15.81, 25.04
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
24 Wed Dec 2025 465.90 464.80 to 473.30 -0.97% 0.72 times
23 Tue Dec 2025 470.45 468.50 to 476.30 -0.53% 1.53 times
22 Mon Dec 2025 472.95 469.70 to 477.05 0.5% 0.89 times
19 Fri Dec 2025 470.60 467.00 to 473.00 0.68% 0.64 times
18 Thu Dec 2025 467.40 464.25 to 470.70 -0.09% 0.63 times
17 Wed Dec 2025 467.80 466.30 to 480.10 -2.25% 0.83 times
16 Tue Dec 2025 478.55 475.60 to 493.00 -2.07% 1.84 times
15 Mon Dec 2025 488.65 486.80 to 494.20 0.15% 0.95 times
12 Fri Dec 2025 487.90 484.15 to 490.80 0.65% 0.99 times
11 Thu Dec 2025 484.75 482.00 to 489.65 -0.18% 0.57 times
10 Wed Dec 2025 485.60 484.00 to 492.95 -1.45% 1.15 times
09 Tue Dec 2025 492.75 476.30 to 496.15 1.97% 1.28 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, but trade for tomorrow is selective. Take a sell trade only if ELGIEQUIP stays below 467.6, but if it comes above 467.6, then a intra day buy could be more profitable.
If you take a sell trade below 467.6, then use 467.6 as stoploss and 450.9 as target. However if you take a buy trade in ELGIEQUIP, then use 467.6 as stoploss and 481.49 as target.

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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