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

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

Lakshmi Machine trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 2922

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	14671.10	14654.95	14998.00	14623.00	0.075 times
01 Fri Mar 2024	14803.00	14594.95	14949.00	14455.00	1.034 times
29 Thu Feb 2024	14464.25	14539.95	14539.95	14344.40	1.176 times
28 Wed Feb 2024	14497.50	14851.00	14851.00	14477.90	1.14 times
27 Tue Feb 2024	14721.05	14799.95	14851.35	14659.80	0.468 times
26 Mon Feb 2024	14779.35	14772.35	14940.00	14745.80	1.066 times
23 Fri Feb 2024	14753.20	14800.00	14940.00	14677.45	0.761 times
22 Thu Feb 2024	14738.85	14676.70	14895.90	14488.80	0.659 times
21 Wed Feb 2024	14618.35	14797.55	14825.00	14507.50	1.291 times
20 Tue Feb 2024	14723.95	14850.00	14968.10	14671.00	0.869 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 14803.8 as stoploss in an intra day sell trade for a target of 14385.97. However, stock will show a bullish move above 14803.8.

Share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Target	12722.30
Downside Target	12984.20
Downside Target	13525.00
Downside Target	13922.90
Downside Target	14272.30
Downside Target	14455.00
Downside Target	14488.80
Upside Target	14980.00
Upside Target	14998.00
Upside Target	15000.00

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	14344.33
Downside Intraday Target	14017.57
Upside Intraday Target	14997.93
Upside Intraday Target	15324.77
Upside Intraday Target	14671.17

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	14671.10	14772.35	14998.00	14344.40	0.969 times
23 Fri Feb 2024	14753.20	14920.60	15000.00	14488.80	0.392 times
16 Fri Feb 2024	14882.95	13847.75	14980.00	13544.40	1.295 times
09 Fri Feb 2024	13778.85	13760.95	14272.30	13622.25	1.599 times
02 Fri Feb 2024	13745.45	13149.40	13950.00	12984.20	1.87 times

Price has moved down 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 Machine (LAXMIMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	14671.10	14594.95	14998.00	14455.00	0.033 times
29 Thu Feb 2024	14464.25	13788.70	15000.00	13544.40	1.018 times
31 Wed Jan 2024	13720.15	13738.75	14435.25	12984.20	1.004 times
29 Fri Dec 2023	13738.75	13290.00	13922.90	13105.00	1.021 times

Scroll below to view daily charts

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 Machine (LAXMIMACH)

Price action analysis of Lakshmi Machine ( (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 Machine ( (LAXMIMACH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lakshmi Machine ( (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 Machine ( (LAXMIMACH) ) 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 Lakshmi Machine stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Lakshmi Machine 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 green color and prices are above the green cloud Prices appear to be coming down

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

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Lakshmi Machine is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14661.62 and Lakshmi Machine (LAXMIMACH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Lakshmi Machine Stock has given negative 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.