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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 2024-09-27 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 3566

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	17916.85	16357.60	19199.95	16239.00	10.165 times
26 Thu Sep 2024	16287.15	16490.75	16507.50	16250.00	0.668 times
25 Wed Sep 2024	16482.80	16600.00	16620.00	16250.00	0.799 times
24 Tue Sep 2024	16453.15	16431.50	16500.00	16236.05	0.718 times
23 Mon Sep 2024	16431.50	15602.00	16500.00	15602.00	2.397 times
20 Fri Sep 2024	15600.90	15975.00	16004.55	15555.00	1.328 times
19 Thu Sep 2024	15860.75	16102.00	16219.25	15630.30	1.11 times
18 Wed Sep 2024	16101.70	16216.25	16315.20	16000.00	0.575 times
17 Tue Sep 2024	16255.20	16274.30	16489.95	16080.45	1.347 times
16 Mon Sep 2024	16204.20	16373.00	16374.60	16067.00	0.478 times

Stock of Lakshmi Machine (LAXMIMACH) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17326.6, for a target of 16706.3 or 16189.44

Share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Target	14325.00
Downside Target	14965.00
Downside Target	15287.00
Downside Target	16489.95
Downside Target	16500.00
Downside Target	16999.90
Downside Target	17351.00
Downside Target	17550.00
Downside Target	17699.80
Upside Target	19199.95

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	15945.92
Downside Intraday Target	13974.98
Upside Intraday Target	19543.87
Upside Intraday Target	21170.88
Downside Intraday Target	17572.93

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	17916.85	15602.00	19199.95	15602.00	3.048 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	17916.85	14990.00	19199.95	14965.00	1.602 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, and volume has increased substantially. This means that the move can 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining 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 17084.45 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.