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 |
| 18 Mon Aug 2025 | 504.65 | 497.00 to 509.40 | 2.34% | 1 times |
| 14 Thu Aug 2025 | 493.10 | 489.90 to 505.00 | -1.44% | 0.52 times |
| 13 Wed Aug 2025 | 500.30 | 499.50 to 522.40 | -3.52% | 0.92 times |
| 12 Tue Aug 2025 | 518.55 | 508.35 to 522.40 | 1.9% | 0.63 times |
| 11 Mon Aug 2025 | 508.90 | 501.50 to 518.85 | -0.65% | 1.04 times |
| 08 Fri Aug 2025 | 512.25 | 509.50 to 534.35 | -3.82% | 0.67 times |
| 07 Thu Aug 2025 | 532.60 | 524.20 to 547.25 | -2.4% | 0.72 times |
| 06 Wed Aug 2025 | 545.70 | 542.00 to 588.70 | -4.59% | 2.9 times |
| 05 Tue Aug 2025 | 571.95 | 559.30 to 577.40 | 1.55% | 1.61 times |
| 04 Mon Aug 2025 | 563.20 | 553.30 to 568.00 | 0.91% | 0.55 times |
| 01 Fri Aug 2025 | 558.10 | 555.00 to 571.20 | -1.8% | 0.44 times |
| 31 Thu Jul 2025 | 568.35 | 554.60 to 574.00 | 0.18% | 0.59 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 503.3 as stoploss in an intra day buy trade for a target of 532.81. However, stock will show a bearish move below 503.3.