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 |
| 22 Wed Jan 2025 | 558.80 | 527.05 to 569.95 | 5.61% | 12.66 times |
| 21 Tue Jan 2025 | 529.10 | 526.25 to 551.05 | -3.27% | 0.61 times |
| 20 Mon Jan 2025 | 547.00 | 530.20 to 549.90 | 2.97% | 0.84 times |
| 17 Fri Jan 2025 | 531.20 | 523.85 to 536.40 | -0.6% | 0.57 times |
| 16 Thu Jan 2025 | 534.40 | 527.00 to 542.35 | 1.83% | 0.44 times |
| 15 Wed Jan 2025 | 524.80 | 512.85 to 542.65 | -1.66% | 2.16 times |
| 14 Tue Jan 2025 | 533.65 | 522.30 to 539.45 | 0.81% | 0.79 times |
| 13 Mon Jan 2025 | 529.35 | 526.25 to 569.00 | 0% | 1.57 times |
| 13 Mon Jan 2025 | 529.35 | 526.25 to 569.00 | -6.35% | 1.57 times |
| 10 Fri Jan 2025 | 565.25 | 560.00 to 571.85 | 0.12% | 0.67 times |
| 09 Thu Jan 2025 | 564.55 | 561.25 to 588.90 | -2.11% | 0.8 times |
| 08 Wed Jan 2025 | 576.70 | 572.30 to 581.70 | -0.1% | 0.56 times |
Technical analysis forecast of Elgi Equipments Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Elgi Equipments Limited ELGIEQUIP at this time. Stock is rising and might rise more.
It appears as if Elgi Equipments Limited ELGIEQUIP gave a large move recently.
Stock of Elgi Equipments Limited (ELGIEQUIP) 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.
My analysis of Elgi Equipments Limited is bullish for shortterm, and stock might move up till 576.7 or till 601.2. Use a stoploss of 556.2 and if this stock hits its stoploss, then it can fall down till 535.73