Munafa Elgi Equipments Limited (ELGIEQUIP) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Elgi Equipments Limited (ELGIEQUIP) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Elgi Equipments Limited intraday tips for today and tomorrow
Elgi Equipments Limited (ELGIEQUIP) Indicator analysis
Recent prices of ELGIEQUIP Elgi Equipments Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Apr 2024 | 623.55 | 613.00 to 633.50 | -0.38% | 0.11 times |
| 18 Thu Apr 2024 | 625.95 | 622.35 to 641.95 | 0.68% | 0.17 times |
| 16 Tue Apr 2024 | 621.70 | 615.50 to 642.00 | -1.31% | 0.26 times |
| 15 Mon Apr 2024 | 629.95 | 604.60 to 635.50 | -1.64% | 0.37 times |
| 12 Fri Apr 2024 | 640.45 | 631.00 to 666.00 | 1.88% | 0.87 times |
| 10 Wed Apr 2024 | 628.65 | 619.00 to 633.90 | 1.61% | 0.18 times |
| 09 Tue Apr 2024 | 618.70 | 616.10 to 634.00 | -2.22% | 0.28 times |
| 08 Mon Apr 2024 | 632.75 | 630.50 to 651.20 | -2.3% | 0.29 times |
| 05 Fri Apr 2024 | 647.65 | 634.00 to 669.00 | -0.87% | 1.15 times |
| 04 Thu Apr 2024 | 653.35 | 592.10 to 666.65 | 10.93% | 6.25 times |
| 03 Wed Apr 2024 | 589.00 | 584.70 to 595.25 | -0.19% | 0.19 times |
| 02 Tue Apr 2024 | 590.15 | 588.10 to 598.85 | -0.33% | 0.19 times |
Elgi Equipments Limited stock tips (delivery Volume analysis)
Total 5 day volume for Elgi Equipments Limited is 1443832, out of which 399959 went into delivery, which is 27.7 percent of total volumes
Volumes in the last session was 87983, out of which 34246 went into delivery, which is 38.92 percent of total volumes.
Deliveries are extremely low, which means that most trades are getting squared off within the intra day itself. It will not be safe to invest or hold the stock for long. However, intra day trend might continue.
Elgi Equipments ELGIEQUIP intraday stock tips
19 Friday April Stock tips for Elgi Equipments Stock 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.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bearish for shortterm, and stock might move down till 601.6 or till 574.7. Use a stoploss of 624.02 and if the stock hits stoploss, then it can shoot up till 646.45
18 Thursday April Stock tips for Elgi Equipments (ELGIEQUIP) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bullish for shortterm, and stock might move up till 646.6 or till 673.7. Use a stoploss of 624.07 and if this stock hits its stoploss, then it can fall down till 601.52
16 Tuesday April Stock tips for Elgi Equipments Stock 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.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bearish for shortterm, and stock might move down till 601 or till 573.6. Use a stoploss of 623.87 and if the stock hits stoploss, then it can shoot up till 646.71
15 Monday April Stock tips for Elgi Equipments (ELGIEQUIP) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bullish for shortterm, and stock might move up till 647.2 or till 674.9. Use a stoploss of 624.1 and if this stock hits its stoploss, then it can fall down till 601.03
12 Friday April Stock tips for Elgi Equipments (ELGIEQUIP) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 646.4 as stoploss in an intra day sell trade for a target of 623.49. However, stock will show a bullish move above 646.4.
10 Wednesday April Stock tips for Elgi Equipments (ELGIEQUIP) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bullish for shortterm, and stock might move up till 644.2 or till 671.2. Use a stoploss of 621.7 and if this stock hits its stoploss, then it can fall down till 599.19
09 Tuesday April Stock tips for Elgi Equipments Stock 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.
It appears as if Elgi Equipments ELGIEQUIP gave a large move recently.
My analysis of Elgi Equipments is bearish for shortterm, and stock might move down till 593.8 or till 561.2. Use a stoploss of 620.97 and if the stock hits stoploss, then it can shoot up till 648.12
Elgi Equipments ELGIEQUIP tips for tomorrow
Tomorrow's movement Prediction of Elgi Equipments ELGIEQUIP appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.
Munafa value: 54
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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