(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)
10 day averaged volume of Elango Indus is 234
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 10.48 | 10.28 | 10.48 | 10.28 | 15.137 times |
| 25 Thu Apr 2024 | 10.28 | 10.48 | 10.48 | 10.28 | 4.205 times |
| 24 Wed Apr 2024 | 10.48 | 10.48 | 10.48 | 10.48 | 2.209 times |
| 23 Tue Apr 2024 | 10.69 | 10.68 | 10.69 | 10.68 | 0.487 times |
| 22 Mon Apr 2024 | 10.89 | 10.89 | 10.89 | 10.89 | 0.021 times |
| 19 Fri Apr 2024 | 11.11 | 11.11 | 11.11 | 11.11 | 1.385 times |
| 18 Thu Apr 2024 | 11.33 | 11.33 | 11.33 | 11.33 | 0.868 times |
| 16 Tue Apr 2024 | 11.56 | 11.68 | 11.68 | 11.56 | 0.184 times |
| 15 Mon Apr 2024 | 11.79 | 11.79 | 11.79 | 11.79 | 0.427 times |
| 12 Fri Apr 2024 | 12.03 | 12.03 | 12.03 | 12.03 | 0.056 times |
Stock of Elango Indus (ElangoIndus) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.5, but if it comes above 10.5, then a intra day buy could be more profitable.
If you take a sell trade below 10.5, then use 10.5 as stoploss and 9.6 as target. However if you take a buy trade in stock , then use 10.5 as stoploss and 11.28 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.82 |
| Downside Target | 9.59 |
| Downside Target | 10.26 |
| Upside Target | 10.62 |
| Upside Target | 10.89 |
| Upside Target | 11.11 |
| Upside Target | 11.75 |
| Upside Target | 12.03 |
| Upside Target | 12.24 |
| Upside Target | 12.85 |
| Upside Target | 14.50 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 10.21 |
| Downside Intraday Target | 9.94 |
| Upside Intraday Target | 10.82 |
| Upside Intraday Target | 11.16 |
| Upside Intraday Target | 10.55 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 10.48 | 10.89 | 10.89 | 10.28 | 7.704 times |
| 19 Fri Apr 2024 | 11.11 | 11.79 | 11.79 | 11.11 | 0.079 times |
| 12 Fri Apr 2024 | 12.03 | 12.80 | 12.85 | 12.03 | 0.336 times |
| 05 Fri Apr 2024 | 12.24 | 10.09 | 12.24 | 9.59 | 8.391 times |
| 28 Thu Mar 2024 | 10.62 | 11.75 | 11.75 | 10.62 | 0.771 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 10.48 | 10.09 | 12.85 | 9.59 | 0.709 times |
| 28 Thu Mar 2024 | 10.62 | 14.00 | 19.56 | 10.62 | 0.593 times |
| 29 Thu Feb 2024 | 14.00 | 10.20 | 14.50 | 9.92 | 3.38 times |
| 31 Wed Jan 2024 | 9.73 | 7.82 | 9.73 | 7.43 | 1.728 times |
Scroll below to view daily charts
Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short 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.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 10.55 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short 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.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short 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.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 10.55 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.
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