Elgi EquipmentsGuess will it hold the Level of TL Again ??
Where Elgi Equipments is headed for ??
No Recommendation. Just Watch It.
ELGIEQUIP trade ideas
ELGI EQUIPMENTS IN UPTREND RANGE...NSE:ELGIEQUIP trade at 730 level. Stock trade in a uptrend range. So you can watch for an upside move...
ELGIEQUIP potential breakout - Head & Shoulder pattern.
- Minicoil formation.
- Volume contraction.
- Low risk entry point.
- Strong prior buying force with good volumes.
50 SMA Rising - Swing TradingDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade for 2 to 4 weeks.
Initial Target 1:1 - 794. Do not Forget to Exit if Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Elgi EquipmenmtsElgi is facing resistance at 750, above that it can show fresh rally towards 800 which is its ath and 52 wk high.
Above that further rally of 5-10-15 % may be possible.
This is a pure technical bet keep SL and discuss with your FA.
Only for educational purposes.
Will ELGIEQUIP give 15% Returns ?Investment Idea
Taken weekly and daily support
Delivery buy ELGIEQUIP (compressor/pumps) cmp 777.80
Daily support 733 - 740 (Full Entry)
Extended Target upto 829 - 848
15% Upside Potential
ELGI EQUIPMENT LTDThis stock breakout recent high and further up move will come TGT upto 915 SL bellow 645 and this analysis only for educational purpose
ELGIEQUIP - Interesting Breakout!The chart is self-explanatory as always :)
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times
Compressing the Compressor - Elgi EquipmentElgi Equipment - This Railway Themed Compressor stock in long term is travelling within a Parallel Channel for 24 years since 2000.
*Quarterly Timeframe:* Multiple attempts since past 2+ years to break the top of the Parallel Channel. Currently in April 2024, the BO has been confirmed for Targets of 800, 885
*Weekly Timeframe:* On weekly, we see a clean and strong Bullish Continuation Candlestick Pattern - the famous 2 Black Crows. The pattern has formed right above the Long Term Parallel Channel and stayed above for more than 4 weeks now. The next resistance is at 705. Once broken decisively - 800, 885 would be in sight
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Chart lover find new loveFundamentally stronger
Track record good
Volume profile good
Technically strong
Buy on bull back
Black line sl
SWING TRADERS MAKING MORE MONEY THAN OPTION TRADERSSwing Traders making more money than Option Traders
Swing Trade In Elgi Equipments NSE in 1Day TF.
Target 09%
SL 5%
Fundamental Analysis
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Owner Name Dec-23 Sep-23 Jun-2
Foreign Portfolio Investors 29.02% 28.82% 29.33%
Major Shareholders
Investor Name
Dec-23
Dark Horse Portfolio Investment Private Limited 16.85%
Jairam Varadaraj 8.91%
Pari Washington India Master Fund, Ltd. 7.76%
Gagandeep Credit Capital Pvt Ltd Star Investor
Quarterly Earnings (INR)
Date(Transcript ) EPS %Chg Sales(Cr) %Chg
Dec-23 2.50 +6% 465.0 +6%
Sep-23 2.63 +14% 439.2 -2%
Jun-23 2.12 +50% 399.2 -4%
ELGI Equipments Ltd Strong Upmove Possible ELGI Equipments Ltd Strong Upmove Possible
Buy Above 555
Stoploss 460
Target Near 700
Holing Time Near 3 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
Compressing the Compressor - Elgi EquipmentElqi Equipment is a leading manufacturer of Compressor mainly for the Railways. Given the Focus & Investment on railway sector by govt of India - many railway themed stocks are flying.
Elqi Equipment on Monthly is getting compressed in an Bullish Ascending Triangle formation. Its a Double Resistance -
1) Long Term Parallel Channel BO pending
2) Ascending Triangle BO pending
BO for both same - above 580 WCB will take to a target of atleast 300 points to 885. Enjoy the ride
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
ELGIEQUIP daily timeframe analysis for long term
NSE:ELGIEQUIP has consolidated over 530 range over last 1.5 years and given good breakout.
We can see long term move with SL of 503 can average till 522.
Major targets levels are highlighted in blue lines.
ELGI Equipments Ltd Long Term Uptrend With Breakout Zone ELGI Equipments Ltd Long Term Uptrend With Breakout Zone
ELGI Equipments Ltd
Hello All My Friend ELGI Equipments Ltd Long Team Uptrend With Breakout Zone. Stock May Move Upside Above 550.
Buy Above : 550-555
Stop Loss : near 460-465
Target : 710-730
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
Elgie equipment .... waiting for an entry ..a good stock after running .. again in consolidation... good for a stock ..
ELGIQUIP BULLISHelgi looking good for swing can do 600-700 in shortterm, keep the stoploss below the trendline
and this stock closed in green in small and midcap sell off , so it can so big momentum in rising market
ELGI EQUIPMENTSStock has shown reversal from 9 day ema several times and has shown good move,
The same move can be seen now as well.
Stock taken support at 460 level multiple times .
From here it can show good upmove and head towards 550-600 levels.
Stock has also broken from falling trendline in short term.
It has high beta and good volatility
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: LAW OF POLARITY
📌 Symbol/Asset: ELGIEQUIPMENT
🔍 Description: Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Head and shoulders pattern Elgi equipment company one of the leader in compressor Product Offerings
The Co. manufactures a wide range of oil-lubricated and oil-free air compressors including Screw Compressors, Piston Compressors, Rotary Screw Compressors, Reciprocating Compressors and Centrifugal Compressors. It also offers diesel-powered Portable Screw Compressors, Railway Air Compressors, Heat Recovery Systems, Medical Air Compressors, Dryers, Air Receiver Tank and other Air Accessories.
ELGI EQUIPMENT - Near the breakoutELGI EQUIPMENT seems perfectly poised for a powerful breakout above 575. Moreover, the fact that it is consolidating near ATH for considerable amount of time displays sheer strength in the stock. Once it crosses 575 convincingly, then start building your positions.
ELGIEQUIPBuy above:- 472
Stop loss :- 429
Target:- 515
Time:- 45 trading days
company, which engages in the manufacture of air compressors. It operates through the Air Compressors and Automotive Equipment segments.
