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(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets

Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)

Showing technical analysis as on 2025-01-31 View latest technical analysis

10 day averaged volume of Elango Indus is 109

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	12.16	12.79	12.79	12.16	4.413 times
30 Thu Jan 2025	12.80	12.82	12.82	12.80	0.037 times
29 Wed Jan 2025	12.21	12.21	12.21	12.21	0.092 times
28 Tue Jan 2025	11.63	11.08	11.63	11.08	0.183 times
27 Mon Jan 2025	11.08	11.08	11.08	11.08	0.936 times
24 Fri Jan 2025	10.56	10.56	10.56	10.56	0.862 times
23 Thu Jan 2025	10.56	11.11	11.11	10.56	2.761 times
22 Wed Jan 2025	11.11	11.11	11.11	11.11	0.092 times
21 Tue Jan 2025	11.44	11.11	11.44	11.11	3.266 times
20 Mon Jan 2025	11.69	11.69	11.69	11.69	1.303 times

Stock of Elango Indus (ElangoIndus) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.2 as stoploss in an intra day sell trade for a target of 11.56. However, stock will show a bullish move above 12.2.

Share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Target	10.21
Downside Target	10.56
Downside Target	10.90
Downside Target	11.69
Upside Target	12.36
Upside Target	12.82
Upside Target	13.09
Upside Target	13.35
Upside Target	13.69
Upside Target	13.82
Upside Target	14.08

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type	Value
Downside Intraday Target	11.22
Downside Intraday Target	10.28
Upside Intraday Target	12.96
Upside Intraday Target	13.76
Downside Intraday Target	12.02

Weekly technical analysis of Elango Indus (ElangoIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	12.16	11.08	12.82	11.08	0.683 times
24 Fri Jan 2025	10.56	11.69	11.69	10.56	0.8 times
17 Fri Jan 2025	12.30	11.27	12.42	11.25	0.357 times
10 Fri Jan 2025	11.27	12.36	12.36	10.21	0.595 times
03 Fri Jan 2025	11.78	13.09	13.09	11.30	23.307 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 Elango Indus (ElangoIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	12.16	11.30	12.82	10.21	0.705 times
31 Tue Dec 2024	11.88	12.99	14.08	11.75	1.115 times
29 Fri Nov 2024	12.99	13.05	13.69	11.29	1.411 times
31 Thu Oct 2024	13.05	13.74	13.82	10.62	1.206 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 Elango Indus (ElangoIndus)

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elango Indus ( (ElangoIndus) ) based on a mid to longer 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.

ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elango Indus 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.

Elango Indus 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 Elango Indus in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elango Indus is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.45 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.

Elango Indus Stock has given negative 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.