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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 71115

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 442.15 459.95 459.95 438.00 0.914 times
20 Thu Jun 2024 457.95 452.00 460.00 450.00 0.555 times
19 Wed Jun 2024 448.60 459.00 465.00 440.00 1.965 times
18 Tue Jun 2024 447.80 445.00 450.60 435.55 2.509 times
14 Fri Jun 2024 429.15 415.75 433.35 407.45 1.7 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 434.6, but if it comes below 434.6, then a intra day sell could be more profitable.
If you take a sell trade below 434.6, then use 434.6 as stoploss and 415.96 as target. However if you take a buy trade in stock , then use 434.6 as stoploss and 456.9 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
Downside Target 435.55
Upside Target 451.00
Upside Target 462.00
Upside Target 465.00
Upside Target 465.50

Intraday share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type Value
Downside Intraday Target 430.13
Downside Intraday Target 418.12
Upside Intraday Target 459.58
Upside Intraday Target 477.02
Upside Intraday Target 447.57

Weekly technical analysis of Lokesh Machines (LOKESHMACH_BE)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 442.15 445.00 465.00 435.55 1.751 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lokesh Machines (LOKESHMACH_BE)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 442.15 428.80 465.00 381.50 1.237 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 26, 16, 25 Buy
MACD 38, 35Buy
Stochastics 80Buy
CCI 73Sell
RSI 57Buy
OBV 409550Sell
VWAP 435Buy
ADL 0Sell
ROC 11Buy
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 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 mid to longer 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.

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

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

Lokesh Machines Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Lokesh Machines in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 434.96 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 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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