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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 2024-03-18 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 3534

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	13906.25	13891.00	14000.00	13668.05	0.781 times
15 Fri Mar 2024	13840.25	14260.00	14260.00	13666.00	1.052 times
14 Thu Mar 2024	13990.30	13777.00	14216.00	13514.70	1.065 times
13 Wed Mar 2024	13725.50	13950.00	14165.60	13333.05	3.727 times
12 Tue Mar 2024	14038.70	14328.00	14474.95	14005.55	1.286 times
11 Mon Mar 2024	14477.10	14691.35	14739.95	14463.40	0.491 times
07 Thu Mar 2024	14691.35	14466.25	14870.00	14445.30	0.888 times
06 Wed Mar 2024	14465.75	14612.15	14612.15	14431.40	0.518 times
05 Tue Mar 2024	14568.40	14471.00	14749.00	14171.00	0.433 times
04 Mon Mar 2024	14471.00	14891.10	14891.10	14301.00	0.478 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14109.4, but if it comes above 14109.4, then a intra day buy could be more profitable.
If you take a sell trade below 14109.4, then use 14109.4 as stoploss and 13704 as target. However if you take a buy trade in stock , then use 14109.4 as stoploss and 14447.26 as target.

Share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Target	12722.30
Downside Target	12984.20
Upside Target	14344.40
Upside Target	14435.25
Upside Target	14488.80
Upside Target	14739.95
Upside Target	14891.10
Upside Target	14998.00
Upside Target	15000.00

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	13716.2
Downside Intraday Target	13526.15
Upside Intraday Target	14048.15
Upside Intraday Target	14190.05
Downside Intraday Target	13858.1

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	13906.25	13891.00	14000.00	13668.05	0.102 times
15 Fri Mar 2024	13840.25	14691.35	14739.95	13333.05	3.29 times
07 Thu Mar 2024	14691.35	14891.10	14891.10	14171.00	0.565 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

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 Machine (LAXMIMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	13906.25	14594.95	14998.00	13333.05	0.417 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 down 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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 weakening, and bulls are picking up momentum!

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

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 14031.28 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.