Elgi Equipments Limited stock analysis

ELGIEQUIP stock today closed at 136 with gain.
today volume was 450 times of 1 week average.
ELGIEQUIP stock 1 week trend channel is flat.
and 1 month trend channel is flat.
daily chart, RSI is at 39 and flat.
for short term, ELGIEQUIP support zones are 131 and 124.
and on upside ELGIEQUIP resistance zones are 142 and 149.
ELGIEQUIP stock above 112 remain buy and accumulate for target 144-146.

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Pramod Baviskar

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