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(LAXMIMACH) Lakshmi Machines complete technical analysis [charts+indicators] | Buy/Sell Lakshmi Machines | (LAXMIMACH) share price targets

Complete technical analysis of Lakshmi Machines (LAXMIMACH) by charts plus indicators, forecast predictions and share price targets for Lakshmi Machines (LAXMIMACH)

10 day averaged volume of Lakshmi Machines is 5319

Date Daily Closing Price Open High Low Volume
25 Tue Jun 2024 17102.60 16415.00 17461.90 16266.60 2.452 times
24 Mon Jun 2024 16302.40 16390.00 16685.00 16185.00 0.754 times
21 Fri Jun 2024 16300.00 16663.95 16813.95 16108.50 1.458 times
20 Thu Jun 2024 16659.00 16622.30 16799.95 16505.00 0.462 times
19 Wed Jun 2024 16620.70 16430.05 16743.95 16184.60 1.494 times

Stock of Lakshmi Machines (LAXMIMACH) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16989.1, for a target of 16471.8 or 16040.74

Share price targets for Lakshmi Machines (LAXMIMACH)

Target Type Value
Downside Target 13333.05
Downside Target 14568.80
Downside Target 15000.00
Downside Target 15459.80
Downside Target 16108.50
Downside Target 16650.00
Downside Target 16813.95
Downside Target 16994.00
Upside Target 17461.90
Upside Target 17550.00
Upside Target 17794.15

Intraday share price targets for Lakshmi Machines (LAXMIMACH)

Target Type Value
Downside Intraday Target 16371.1
Downside Intraday Target 15639.6
Upside Intraday Target 17648
Upside Intraday Target 18193.4
Downside Intraday Target 16916.5

Weekly technical analysis of Lakshmi Machines (LAXMIMACH)

Date Weekly Closing Price Open High Low Volume
25 Tue Jun 2024 17102.60 16390.00 17461.90 16185.00 0.765 times
21 Fri Jun 2024 16300.00 16308.35 16813.95 16108.50 1.403 times
14 Fri Jun 2024 16129.20 15980.00 16200.00 15704.90 0.477 times
07 Fri Jun 2024 15838.85 16150.00 16300.00 14568.80 0.829 times
31 Fri May 2024 15943.85 16758.00 16994.00 15459.80 2.115 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Lakshmi Machines (LAXMIMACH)

Date Monthly Closing Price Open High Low Volume
25 Tue Jun 2024 17102.60 16150.00 17461.90 14568.80 0.789 times
31 Fri May 2024 15943.85 16889.95 17550.00 15459.80 0.592 times
30 Tue Apr 2024 16873.35 15264.75 17794.15 15151.60 0.618 times
28 Thu Mar 2024 15192.30 14594.95 16650.00 13333.05 3.108 times

Price has moved up 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 Lakshmi Machines (LAXMIMACH)

Indicator Name Indicator Value Indicator Signal
ADX 26, 17, 22 Buy
MACD 171, 25Buy
Stochastics 63None
CCI 143Buy
RSI 49Sell
OBV 16704Sell
VWAP 16473Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Lakshmi Machines ( (LAXMIMACH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lakshmi Machines ( (LAXMIMACH) ) based on a short 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.

Price action analysis of Lakshmi Machines ( (LAXMIMACH) ) based on a short to mid 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.

Price action analysis of Lakshmi Machines ( (LAXMIMACH) ) based on a mid to longer term time period is

ADX buy sell signal for Lakshmi Machines stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Lakshmi Machines in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lakshmi Machines Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lakshmi Machines in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Lakshmi Machines is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16473.3 and Lakshmi Machines (LAXMIMACH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Lakshmi Machines (LAXMIMACH) stock. Volume based technical analysis of Lakshmi Machines (LAXMIMACH) stock is negative.

Lakshmi Machines Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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