(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
Showing technical analysis as on 2026-02-01 View latest technical analysis
10 day averaged volume of Elgi Equip is 21142
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Sun Feb 2026 | 438.65 | 433.30 | 448.75 | 431.55 | 1.205 times |
| 30 Fri Jan 2026 | 432.70 | 420.35 | 436.40 | 416.90 | 1.581 times |
| 29 Thu Jan 2026 | 421.30 | 431.10 | 434.25 | 419.20 | 0.699 times |
| 28 Wed Jan 2026 | 431.35 | 418.00 | 438.40 | 418.00 | 0.843 times |
| 27 Tue Jan 2026 | 423.15 | 425.45 | 430.45 | 416.80 | 0.479 times |
| 23 Fri Jan 2026 | 424.35 | 448.55 | 448.55 | 422.85 | 0.52 times |
| 22 Thu Jan 2026 | 439.35 | 427.00 | 441.20 | 427.00 | 0.469 times |
| 21 Wed Jan 2026 | 425.05 | 411.00 | 430.00 | 408.95 | 1.694 times |
| 20 Tue Jan 2026 | 414.65 | 427.75 | 427.75 | 412.60 | 1.339 times |
| 19 Mon Jan 2026 | 429.80 | 430.45 | 431.55 | 426.60 | 0.464 times |
My analysis of stock is bearish for shortterm, and stock might move down till 422.5 or till 399.4. Use a stoploss of 441.74 and if the stock hits stoploss, then it can shoot up till 460.97
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 408.95 |
| Downside Target | 427.50 |
| Upside Target | 448.75 |
| Upside Target | 451.10 |
| Upside Target | 458.80 |
| Upside Target | 469.75 |
| Upside Target | 486.95 |
| Upside Target | 511.35 |
| Upside Target | 515.40 |
| Upside Target | 534.25 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 430.55 |
| Downside Intraday Target | 422.45 |
| Upside Intraday Target | 447.75 |
| Upside Intraday Target | 456.85 |
| Upside Intraday Target | 439.65 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Sun Feb 2026 | 438.65 | 433.30 | 448.75 | 431.55 | 0.335 times |
| 30 Fri Jan 2026 | 432.70 | 425.45 | 438.40 | 416.80 | 0.803 times |
| 23 Fri Jan 2026 | 424.35 | 430.45 | 448.55 | 408.95 | 1.047 times |
| 16 Fri Jan 2026 | 430.55 | 443.25 | 448.00 | 427.50 | 1.072 times |
| 09 Fri Jan 2026 | 447.35 | 486.95 | 486.95 | 445.30 | 0.421 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Sun Feb 2026 | 438.65 | 433.30 | 448.75 | 431.55 | 0.068 times |
| 30 Fri Jan 2026 | 432.70 | 473.50 | 486.95 | 408.95 | 0.648 times |
| 31 Wed Dec 2025 | 473.45 | 509.40 | 515.40 | 451.10 | 0.119 times |
| 28 Fri Nov 2025 | 510.90 | 503.05 | 534.25 | 469.75 | 14.338 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 427.73 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 427.73 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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