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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 2024-03-04 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 2495

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	14471.00	14891.10	14891.10	14301.00	0.677 times
02 Sat Mar 2024	14671.10	14654.95	14998.00	14623.00	0.088 times
01 Fri Mar 2024	14803.00	14594.95	14949.00	14455.00	1.21 times
29 Thu Feb 2024	14464.25	14539.95	14539.95	14344.40	1.377 times
28 Wed Feb 2024	14497.50	14851.00	14851.00	14477.90	1.335 times
27 Tue Feb 2024	14721.05	14799.95	14851.35	14659.80	0.548 times
26 Mon Feb 2024	14779.35	14772.35	14940.00	14745.80	1.248 times
23 Fri Feb 2024	14753.20	14800.00	14940.00	14677.45	0.891 times
22 Thu Feb 2024	14738.85	14676.70	14895.90	14488.80	0.772 times
21 Wed Feb 2024	14618.35	14797.55	14825.00	14507.50	1.512 times

My analysis of stock is bullish for shortterm, and stock might move up till 14817.7 or till 15302.6. Use a stoploss of 14413.53 and if this stock hits its stoploss, then it can fall down till 14009.4

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
Upside Target	14488.80
Upside Target	14891.10
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	14217.63
Downside Intraday Target	13964.27
Upside Intraday Target	14807.73
Upside Intraday Target	15144.47
Upside Intraday Target	14554.37

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	14471.00	14891.10	14891.10	14301.00	0.117 times
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

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
04 Mon Mar 2024	14471.00	14594.95	14998.00	14301.00	0.05 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 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 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 Weak and stock is losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Lakshmi Machine in short term and SELL 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14641.7 and Lakshmi Machine (LAXMIMACH) stock is trading below this level. This means that stock is falling with high volumes. 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.