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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 2024-09-24 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 5412

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	16453.15	16431.50	16500.00	16236.05	0.473 times
23 Mon Sep 2024	16431.50	15602.00	16500.00	15602.00	1.579 times
20 Fri Sep 2024	15600.90	15975.00	16004.55	15555.00	0.875 times
19 Thu Sep 2024	15860.75	16102.00	16219.25	15630.30	0.731 times
18 Wed Sep 2024	16101.70	16216.25	16315.20	16000.00	0.379 times
17 Tue Sep 2024	16255.20	16274.30	16489.95	16080.45	0.888 times
16 Mon Sep 2024	16204.20	16373.00	16374.60	16067.00	0.315 times
13 Fri Sep 2024	16374.60	16250.20	16454.10	16250.20	0.383 times
12 Thu Sep 2024	16260.25	16630.00	16630.00	16166.40	0.799 times
11 Wed Sep 2024	16464.40	16305.00	16999.90	16211.60	2.646 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16415.3, but if it comes below 16415.3, then a intra day sell could be more profitable.
If you take a sell trade below 16415.3, then use 16415.3 as stoploss and 15888.82 as target. However if you take a buy trade in stock , then use 16415.3 as stoploss and 17047.2 as target.

Share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Target	14325.00
Downside Target	14965.00
Downside Target	15287.00
Upside Target	16489.95
Upside Target	16500.00
Upside Target	16999.90
Upside Target	17351.00
Upside Target	17550.00
Upside Target	17699.80

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	15870.1
Downside Intraday Target	15287.05
Upside Intraday Target	16768.1
Upside Intraday Target	17083.05
Downside Intraday Target	16185.05

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	16453.15	15602.00	16500.00	15602.00	0.644 times
20 Fri Sep 2024	15600.90	16373.00	16489.95	15555.00	0.509 times
13 Fri Sep 2024	16374.60	16227.55	16999.90	15721.25	0.56 times
06 Fri Sep 2024	16124.25	14990.00	16500.00	14965.00	2.703 times
30 Fri Aug 2024	14990.00	15453.70	15540.00	14639.50	1.269 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
24 Tue Sep 2024	16453.15	14990.00	16999.90	14965.00	1.198 times
30 Fri Aug 2024	14990.00	15460.00	15715.00	14325.00	0.949 times
31 Wed Jul 2024	15634.15	17002.15	17351.00	15287.00	0.984 times
28 Fri Jun 2024	17022.00	16150.00	17699.80	14568.80	0.98 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 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 neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Lakshmi Machine in short term and the buy signal is strong.

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

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 above the green cloud Prices appear to be moving up

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 negative zone. This is the SELL 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 16259.65 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 rising upwards.

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 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.