ebook Munafa Stock Market Course + Intraday & FNO calls  

       

ELGIRUBCO_BE NEWS why is Elgi Rubber Co. Ltd price falling or rising

ELGIRUBCO_BE NEWS reasons for why stock price of Elgi Rubber Co. Ltd is falling or rising

ELGIRUBCO_BE Elgi Rubber is falling or rising technical reasons

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

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

Stock of Elgi Rubber (ELGIRUBCO_BE) 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 Elgi Rubber is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elgi Rubber stays below 51.9, but if it comes above 51.9, then a intra day buy could be more profitable.
If you take a sell trade below 51.9, then use 51.9 as stoploss and 48 as target. However if you take a buy trade in Elgi Rubber, then use 51.9 as stoploss and 55.1 as target.

ELGIRUBCO_BE Elgi Rubber is falling or rising NEWS fundamental reasons

More announcements and NEWS

ELGIRUBCO_BE Elgi Rubber Co. Ltd current price & indicator signals

Moving Averages for Elgi Rubber Co. Ltd

  • 5Day Average: 52.99
  • 12Day Average: 53.1
  • 20Day Average: 54.74
  • 50Day Average: 60.82
  • 100Day Average: 60.73
  • 150Day Average: 60.45
  • 200Day Average: 62.97

ELGIRUBCO_BE Indicators & signals

Indicator MACD (12,26,9)

53.51, 56.12, -2.59
Indicator MACD is in negative zone

Indicator ADX (14)

31.88, 15.72, 30.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELGIRUBCO_BE Elgi Rubber Co. Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Fri Dec 2025 50.03 49.92 to 53.69 -4.8% 1.98 times
04 Thu Dec 2025 52.55 51.21 to 53.80 0.19% 0.57 times
03 Wed Dec 2025 52.45 51.52 to 54.37 -2.05% 0.88 times
02 Tue Dec 2025 53.55 53.55 to 57.89 -5% 1.03 times
01 Mon Dec 2025 56.37 55.80 to 57.40 2.12% 1.1 times
28 Fri Nov 2025 55.20 52.00 to 55.20 4.98% 0.74 times
27 Thu Nov 2025 52.58 50.40 to 53.28 3.06% 0.61 times
26 Wed Nov 2025 51.02 50.22 to 52.48 -2.78% 1.64 times
25 Tue Nov 2025 52.48 50.06 to 54.45 0.81% 1.38 times
24 Mon Nov 2025 52.06 52.06 to 55.65 -5.02% 1.18 times
21 Fri Nov 2025 54.81 53.12 to 55.60 1.26% 0.87 times
20 Thu Nov 2025 54.13 52.15 to 54.79 2.17% 0.52 times

Videos related to: ELGIRUBCO_BE NEWS why is Elgi Rubber Co. Ltd price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

ELGIRUBCO_BE NEWS why is Elgi Rubber Co. Ltd price falling or rising

 

Back to top