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 2024-10-04 View latest technical analysis

10 day averaged volume of Lakshmi Machine is 10797

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	17585.80	17766.50	18147.95	17506.20	0.615 times
03 Thu Oct 2024	17766.45	18052.00	18343.05	17619.45	0.646 times
01 Tue Oct 2024	18282.15	18250.00	18650.00	18062.00	1.352 times
30 Mon Sep 2024	18421.30	17920.00	18598.15	17680.60	2.327 times
27 Fri Sep 2024	17916.85	16357.60	19199.95	16239.00	3.357 times
26 Thu Sep 2024	16287.15	16490.75	16507.50	16250.00	0.221 times
25 Wed Sep 2024	16482.80	16600.00	16620.00	16250.00	0.264 times
24 Tue Sep 2024	16453.15	16431.50	16500.00	16236.05	0.237 times
23 Mon Sep 2024	16431.50	15602.00	16500.00	15602.00	0.792 times
20 Fri Sep 2024	15600.90	15975.00	16004.55	15555.00	0.438 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17468, but if it comes below 17468, then a intra day sell could be more profitable.
If you take a sell trade below 17468, then use 17468 as stoploss and 16645.48 as target. However if you take a buy trade in stock , then use 17468 as stoploss and 18455 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	17506.20
Upside 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	17178
Downside Intraday Target	16770.2
Upside Intraday Target	18321.8
Upside Intraday Target	19057.8
Upside Intraday Target	17914

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	17585.80	17920.00	18650.00	17506.20	1.014 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
04 Fri Oct 2024	17585.80	18250.00	18650.00	17506.20	0.149 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

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. 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 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 17730.62 and Lakshmi Machine (LAXMIMACH) stock is trading below this level. This means that stock is falling with high volumes. 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.