Stock analysis Elgi Equipments Limited ELGIEQUIP
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Recent prices of ELGIEQUIP Elgi Equipments Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 11 Fri Apr 2025 | 422.15 | 402.30 to 431.10 | 4.96% | 5.93 times |
| 09 Wed Apr 2025 | 402.20 | 401.00 to 419.95 | -3.77% | 1.01 times |
| 08 Tue Apr 2025 | 417.95 | 412.30 to 440.00 | -0.36% | 1.69 times |
| 07 Mon Apr 2025 | 419.45 | 402.05 to 430.00 | -6.16% | 2.44 times |
| 04 Fri Apr 2025 | 447.00 | 441.00 to 480.10 | -6.9% | 0.89 times |
| 03 Thu Apr 2025 | 480.15 | 475.45 to 486.45 | -0.51% | 0.53 times |
| 02 Wed Apr 2025 | 482.60 | 471.30 to 490.20 | 0.91% | 0.66 times |
| 01 Tue Apr 2025 | 478.25 | 474.10 to 486.05 | -0.72% | 0.4 times |
| 28 Fri Mar 2025 | 481.70 | 478.65 to 500.80 | -1.64% | 0.62 times |
| 27 Thu Mar 2025 | 489.75 | 478.70 to 492.45 | 0.25% | 1.11 times |
| 26 Wed Mar 2025 | 488.55 | 485.85 to 505.15 | -2.32% | 0.64 times |
| 25 Tue Mar 2025 | 500.15 | 491.80 to 517.95 | -1.04% | 1.71 times |
Technical analysis forecast for Elgi Equipments Limited 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 Equipments Limited ELGIEQUIP at this time. Stock is falling and might fall more.
It appears as if Elgi Equipments Limited ELGIEQUIP gave a large move recently.
Stock of Elgi Equipments Limited (ELGIEQUIP) 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 Equipments Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elgi Equipments Limited stays below 423.1, but if it comes above 423.1, then a intra day buy could be more profitable.
If you take a sell trade below 423.1, then use 423.1 as stoploss and 381.8 as target. However if you take a buy trade in Elgi Equipments Limited, then use 423.1 as stoploss and 457.61 as target.