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...
Swing Traders making more money than Option Traders
Swing Trade In Elgi Equipments NSE in 1Day TF.
Target 09%
SL 5%
Fundamental Analysis
-----------------------------------------------------------------------
Owner Name Dec-23 Sep-23 Jun-2
Foreign Portfolio Investors 29.02% 28.82% 29.33%
Major Shareholders
Investor...
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.
Elqi 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...
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
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...
elgi 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
Stock 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
📊 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.
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,...
ELGI 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.
Buy 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.
TRADING COMMUNITY
JOIN US ONLY IF YOU WANT PEACE AND PROFIT IN YOUR TRADING LIFE.
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
