NSE Stock ELGIRUBCO_BE Historical charts - Elgi Rubber Co. Ltd

Historical charts for Stock ELGIRUBCO_BE - Share Elgi Rubber Co. Ltd trades in NSE

Moving Averages for

  • 5Day Average: 95.03
  • 12Day Average: 98.53
  • 20Day Average: 97.23
  • 50Day Average: 101.42
  • 100Day Average: 91.12
  • 150Day Average: 81.21

ELGIRUBCO_BE Indicators & signals

Indicator MACD (12,26,9)

96.89, 98.01, -0.38
Indicator MACD is in negative zone

Indicator ADX (14)

22.61, 15.72, 24.91
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

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

Date Close Range Change % Volume
25 Fri Oct 2024 90.94 87.34 to 94.75 -1.09% 1.07 times
24 Thu Oct 2024 91.94 91.10 to 97.70 -3.97% 0.32 times
23 Wed Oct 2024 95.74 90.95 to 97.00 0% 0.5 times
22 Tue Oct 2024 95.74 95.74 to 100.99 -5% 1.32 times
21 Mon Oct 2024 100.78 99.80 to 108.99 -4.04% 0.69 times
18 Fri Oct 2024 105.02 100.55 to 108.95 -0.18% 1.03 times
17 Thu Oct 2024 105.21 102.50 to 109.65 0.75% 2.09 times
16 Wed Oct 2024 104.43 97.01 to 104.43 5% 0.77 times
15 Tue Oct 2024 99.46 96.62 to 104.40 -0.02% 1.65 times
14 Mon Oct 2024 99.48 95.55 to 100.00 2.22% 0.86 times
11 Fri Oct 2024 97.32 93.82 to 99.60 1.01% 0.77 times
10 Thu Oct 2024 96.35 96.05 to 99.65 0.64% 0.1 times

Technical analysis forecast for ELGIRUBCO_BE 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 ELGIRUBCO_BE ELGIRUBCO_BE at this time. Stock is falling and might fall more.

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

Stock of ELGIRUBCO_BE (ELGIRUBCO_BE) 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 ELGIRUBCO_BE is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if ELGIRUBCO_BE stays below 93.7, but if it comes above 93.7, then a intra day buy could be more profitable.
If you take a sell trade below 93.7, then use 93.7 as stoploss and 88.9 as target. However if you take a buy trade in ELGIRUBCO_BE, then use 93.7 as stoploss and 97.72 as target.

Tomorrow's movement Prediction of ELGIRUBCO_BE 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 ELGIRUBCO_BE is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 100.29

Munafa value: 25

 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.

Videos related to: NSE Stock ELGIRUBCO_BE Historical charts - Share Elgi Rubber Co. Ltd

 Videos related to: NSE Stock ELGIRUBCO_BE Historical charts - Share Elgi Rubber Co. Ltd

Hindi Basics How To Trade In FnO Futures Options Stock Market

Hindi Video What Is Needed To Succeed In Stock Markets

NSE Stock ELGIRUBCO_BE Historical charts - Share Elgi Rubber Co. Ltd

 

Back to top