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Elgi Equipments Share Price Target - Tomorrow, Next Week & Next Month
ELGI Equipments Limited | |||
 | Symbol: ELGIEQUIP | ||
| Price: ₹584.84 | |||
| Exchange: NSE | |||
| Industrials -> Specialty Industrial Machinery | |||
Show Table of Contents
Table of Contents
- 1: Elgi Equipments Recent Performance
- 2: Chart: Elgi Equipments Share Price Target - Tomorrow
- 3: Table: Elgi Equipments Share Price Target - Tomorrow
- 4: Summary: Elgi Equipments Share Price Prediction For Tomorrow
- 5: Chart: Elgi Equipments Share Price Target - Next Week
- 6: Table: Elgi Equipments Share Price Target - Next Week
- 7: Summary: Elgi Equipments Share Price Prediction For Next Week
- 8: Chart: Elgi Equipments Share Price Target - Next Month
- 9: Table: Elgi Equipments Share Price Target - Next Month
- 10: Summary: Elgi Equipments Share Price Prediction For Next Month
Elgi Equipments Recent Performance
Over the past 24 trading days, the value of Elgi Equipments's stock has decreased by ₹86.75 (-12.92%). On 11 Oct 2024, one share was worth ₹671.59 and by 14 Nov 2024, the value dropped to ₹584.84. During this period it created a highest high of ₹685.95 and lowest low of ₹562.40.
Below Image represents line chart of daily close price of Elgi Equipments, helping you visualize how the price has changed day by day.
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Chart: Elgi Equipments Share Price Target - Tomorrow
The line chart displays the Elgi Equipments daily closing prices for the past 24 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Elgi Equipments shares for Thu 14 Nov 2024, see the table below.
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Table: Elgi Equipments Share Price Target - Tomorrow
By analyzing Elgi Equipments stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 18 Nov, 2024!
| Elgi Equipments's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 605.22 (+3.48%) | Fibonacci Extension Level 150% |
| Tomorrow Target 2 | 597.68 (+2.19%) | Fibonacci Extension Level 123.6% |
| Tomorrow Target 1 | 590.95 (+1.04%) | Price Action: Nov 2024 High |
| Current Price | 584.84 | Elgi Equipments's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 582.30 (-0.44%) | Price Action: Feb 2024 Low |
| Stop Loss 2 | 580.04 (-0.83%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 3 | 576.67 (-1.4%) | Fibonacci Retracement Level 50% |
Summary: Elgi Equipments Share Price Prediction For Tomorrow
Thu 14 Nov 2024: Elgi Equipments finished the day at ₹584.84, gaining ₹12.75 (+2.23%) in 1 day.
In summary, our analysis of Elgi Equipments for tomorrow predicts a rise of 1.04% to 3.48% with three potential targets T1: ₹590.95, T2: ₹597.68, T3: ₹605.22 and Stop-Loss (SL) at SL1: ₹582.30, SL2: ₹580.04, SL3: ₹576.67.
Additionally, we've identified a support level at ₹562.40 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹590.95, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.
Over the last 24 trading days, the stock has dropped -12.92%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 685.95 and 562.40.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Elgi Equipments.
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Chart: Elgi Equipments Share Price Target - Next Week
The chart displays the Elgi Equipments weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.
For detailed target and stop loss values for Elgi Equipments shares for next week, see the table below.
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Table: Elgi Equipments Share Price Target - Next Week
By analyzing Elgi Equipments stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Elgi Equipments's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 628.79 (+7.51%) | Price Action: 25 Oct 2024 High |
| Next Week Target 2 | 617.00 (+5.49%) | Price Action: Jan 2024 High |
| Next Week Target 1 | 607.85 (+3.93%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 584.84 | Elgi Equipments's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 576.55 (-1.42%) | Price Action: Mar 2024 Low |
| Stop Loss 2 | 567.29 (-3.01%) | Price Action: 13 Nov 2024 Low |
| Stop Loss 3 | 554.00 (-5.28%) | Price Action: Dec 2023 High |
Summary: Elgi Equipments Share Price Prediction For Next Week
As of Thu 14 Nov 2024, Elgi Equipments share price stands at ₹584.84, losing ₹-51.95 (-8.16%) in this week.
In summary, our analysis of Elgi Equipments for next week predicts a rise of 3.93% to 7.51% with three potential targets T1: ₹607.85, T2: ₹617.00, T3: ₹628.79 and Stop-Loss (SL) at SL1: ₹576.55, SL2: ₹567.29, SL3: ₹554.00.
Additionally, we've identified a support level at ₹562.40 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹635.00, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Elgi Equipments.
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Chart: Elgi Equipments Share Price Target - Next Month
The chart displays the Elgi Equipments monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Elgi Equipments shares for next month, see the table below.
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Table: Elgi Equipments Share Price Target - Next Month
By analyzing Elgi Equipments stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Elgi Equipments's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 628.79 (+7.51%) | Price Action: 25 Oct 2024 High |
| Next Month Target 2 | 619.90 (+5.99%) | Price Action: 11 Nov 2024 Low |
| Next Month Target 1 | 611.50 (+4.55%) | Price Action: 23 Oct 2024 Low |
| Current Price | 584.84 | Elgi Equipments's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 576.55 (-1.42%) | Price Action: Mar 2024 Low |
| Stop Loss 2 | 567.29 (-3.01%) | Price Action: 13 Nov 2024 Low |
| Stop Loss 3 | 554.00 (-5.28%) | Price Action: Dec 2023 High |
Summary: Elgi Equipments Share Price Prediction For Next Month
As of Thu 14 Nov 2024, Elgi Equipments share price stands at ₹584.84, losing ₹-77.70 (-11.73%) in this month.
In summary, our analysis of Elgi Equipments for next month predicts a rise of 4.55% to 7.51% with three potential targets T1: ₹611.50, T2: ₹619.90, T3: ₹628.79 and Stop-Loss (SL) at SL1: ₹576.55, SL2: ₹567.29, SL3: ₹554.00.
Additionally, we've identified a support level at 562.40 — think of this as a safety net where the price might stop falling and there's also a resistance level at 685.95, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Elgi Equipments, we created a specific page for that check here: Elgi Equipments Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Elgi Equipments short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Elgi Equipments Share Price History
- Elgi Equipments Price Long Term Target
- Elgi Equipments Dividend History
- Elgi Equipments Bonus History
- Elgi Equipments Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
