(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)
10 day averaged volume of Elgi Equip is 37399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Feb 2026 | 487.60 | 492.35 | 494.35 | 485.00 | 3.692 times |
| 04 Wed Feb 2026 | 492.35 | 485.90 | 495.25 | 480.85 | 0.685 times |
| 03 Tue Feb 2026 | 492.25 | 479.30 | 495.60 | 470.20 | 4.436 times |
| 02 Mon Feb 2026 | 433.95 | 438.20 | 438.20 | 424.55 | 1.602 times |
| 01 Sun Feb 2026 | 438.65 | 433.30 | 448.75 | 431.55 | 0.681 times |
| 30 Fri Jan 2026 | 432.70 | 420.35 | 436.40 | 416.90 | 0.894 times |
| 29 Thu Jan 2026 | 421.30 | 431.10 | 434.25 | 419.20 | 0.395 times |
| 28 Wed Jan 2026 | 431.35 | 418.00 | 438.40 | 418.00 | 0.476 times |
| 27 Tue Jan 2026 | 423.15 | 425.45 | 430.45 | 416.80 | 0.271 times |
| 23 Fri Jan 2026 | 424.35 | 448.55 | 448.55 | 422.85 | 0.294 times |
Stock of Elgi Equip (ElgiEquip) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 491.4, for a target of 464.5 or 442.04
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 408.95 |
| Downside Target | 438.40 |
| Downside Target | 458.80 |
| Downside Target | 469.75 |
| Downside Target | 486.95 |
| Upside Target | 495.60 |
| 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 | 442.9 |
| Downside Intraday Target | 398.2 |
| Upside Intraday Target | 513.95 |
| Upside Intraday Target | 540.3 |
| Downside Intraday Target | 469.25 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Feb 2026 | 487.60 | 433.30 | 495.60 | 424.55 | 5.449 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Feb 2026 | 487.60 | 433.30 | 495.60 | 424.55 | 1.107 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 470.21 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 positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 470.21 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Elgi Equip charts
Click here for further forecast and predictions for tomorrow