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

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

10 day averaged volume of Lokesh Machines is 51842

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 429.15 415.75 433.35 407.45 2.332 times
13 Thu Jun 2024 412.75 417.95 417.95 404.10 0.383 times
12 Wed Jun 2024 411.45 400.05 415.00 395.10 0.706 times
11 Tue Jun 2024 402.75 415.95 415.95 395.50 0.677 times
10 Mon Jun 2024 408.40 399.00 415.00 399.00 0.557 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 424.1, but if it comes below 424.1, then a intra day sell could be more profitable.
If you take a sell trade below 424.1, then use 424.1 as stoploss and 411.86 as target. However if you take a buy trade in stock , then use 424.1 as stoploss and 438.7 as target.

Share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type Value
Downside Target 175.10
Downside Target 204.00
Downside Target 210.00
Downside Target 380.00
Downside Target 395.10
Downside Target 408.00
Downside Target 422.00
Upside Target 433.35
Upside Target 451.00
Upside Target 454.90
Upside Target 462.00
Upside Target 465.50

Intraday share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type Value
Downside Intraday Target 405.05
Downside Intraday Target 380.95
Upside Intraday Target 443.3
Upside Intraday Target 457.45
Downside Intraday Target 419.2

Weekly technical analysis of Lokesh Machines (LOKESHMACH_BE)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 429.15 399.00 433.35 395.10 0.871 times
07 Fri Jun 2024 399.60 428.80 429.65 381.50 1.145 times
31 Fri May 2024 409.20 415.00 422.00 380.00 1.339 times
24 Fri May 2024 409.75 435.00 451.00 408.00 1.47 times
17 Fri May 2024 430.30 433.25 454.90 412.00 0.857 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 Lokesh Machines (LOKESHMACH_BE)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 429.15 428.80 433.35 381.50 0.681 times
31 Fri May 2024 409.20 459.45 462.00 380.00 2.311 times
30 Tue Apr 2024 450.35 453.95 465.50 432.00 0.355 times
22 Fri Sep 2023 193.80 184.35 204.00 175.50 0.761 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 Lokesh Machines (LOKESHMACH_BE)

Indicator Name Indicator Value Indicator Signal
ADX 21, 15, 18 Buy
MACD 29, 32Sell
Stochastics 73Buy
CCI 148Buy
RSI 61Buy
OBV 169134Sell
VWAP 412Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Lokesh Machines ( (LOKESHMACH_BE) ) 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 Lokesh Machines ( (LOKESHMACH_BE) ) 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 Lokesh Machines ( (LOKESHMACH_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

MACD generated a SELL signal for Lokesh Machines in short term but the sell signal is initial and weak.

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

Lokesh Machines Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Lokesh Machines in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lokesh Machines is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 411.71 and Lokesh Machines (LOKESHMACH_BE) 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 Lokesh Machines (LOKESHMACH_BE) stock. Volume based technical analysis of Lokesh Machines (LOKESHMACH_BE) stock is negative.

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

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

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