Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-03 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 10305

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	17766.45	18052.00	18343.05	17619.45	0.677 times
01 Tue Oct 2024	18282.15	18250.00	18650.00	18062.00	1.417 times
30 Mon Sep 2024	18421.30	17920.00	18598.15	17680.60	2.438 times
27 Fri Sep 2024	17916.85	16357.60	19199.95	16239.00	3.517 times
26 Thu Sep 2024	16287.15	16490.75	16507.50	16250.00	0.231 times
25 Wed Sep 2024	16482.80	16600.00	16620.00	16250.00	0.276 times
24 Tue Sep 2024	16453.15	16431.50	16500.00	16236.05	0.248 times
23 Mon Sep 2024	16431.50	15602.00	16500.00	15602.00	0.829 times
20 Fri Sep 2024	15600.90	15975.00	16004.55	15555.00	0.459 times
19 Thu Sep 2024	15860.75	16102.00	16219.25	15630.30	0.384 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17370.4, but if it comes below 17370.4, then a intra day sell could be more profitable.
If you take a sell trade below 17370.4, then use 17370.4 as stoploss and 16565.91 as target. However if you take a buy trade in stock , then use 17370.4 as stoploss and 18335.7 as target.

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	16999.90
Downside Target	17351.00
Downside Target	17619.45
Downside Target	17699.80
Upside Target	18650.00
Upside Target	19199.95

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	17373.93
Downside Intraday Target	16981.42
Upside Intraday Target	18404.48
Upside Intraday Target	19042.52
Upside Intraday Target	18011.97

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	17766.45	17920.00	18650.00	17619.45	0.888 times
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

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
03 Thu Oct 2024	17766.45	18250.00	18650.00	17619.45	0.114 times
30 Mon Sep 2024	18421.30	14990.00	19199.95	14965.00	1.847 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

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Lakshmi Machine in short term but SELL signal is weak.

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 17671 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.