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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.

10 day averaged volume of Lakshmi Machine is 11515

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	17324.60	17108.60	17876.95	17070.00	1.19 times
08 Tue Oct 2024	16984.55	17292.85	17719.30	16881.00	0.708 times
07 Mon Oct 2024	17292.85	17677.00	17900.00	17000.00	0.835 times
04 Fri Oct 2024	17585.80	17766.50	18147.95	17506.20	0.577 times
03 Thu Oct 2024	17766.45	18052.00	18343.05	17619.45	0.606 times
01 Tue Oct 2024	18282.15	18250.00	18650.00	18062.00	1.268 times
30 Mon Sep 2024	18421.30	17920.00	18598.15	17680.60	2.182 times
27 Fri Sep 2024	17916.85	16357.60	19199.95	16239.00	3.148 times
26 Thu Sep 2024	16287.15	16490.75	16507.50	16250.00	0.207 times
25 Wed Sep 2024	16482.80	16600.00	16620.00	16250.00	0.247 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17618.6 as stoploss in an intra day sell trade for a target of 16817.56. However, stock will show a bullish move above 17618.6.

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	16881.00
Upside Target	17351.00
Upside Target	17506.20
Upside Target	17699.80
Upside Target	17900.00
Upside Target	18650.00
Upside Target	19199.95

Intraday share price targets for Lakshmi Machine (LAXMIMACH)

Target Type	Value
Downside Intraday Target	16837.07
Downside Intraday Target	16349.53
Upside Intraday Target	17856.07
Upside Intraday Target	18387.53
Upside Intraday Target	17368.53

Weekly technical analysis of Lakshmi Machine (LAXMIMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	17324.60	17677.00	17900.00	16881.00	0.59 times
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

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
09 Wed Oct 2024	17324.60	18250.00	18650.00	16881.00	0.315 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 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 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 SELL signal for Lakshmi Machine in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

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 buy signal for Lakshmi Machine in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17798.7 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 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.