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(LOKESHMACH) Lokesh Machines complete technical analysis [charts+indicators] | Buy/Sell Lokesh Machines | (LOKESHMACH) share price targets

Complete technical analysis of Lokesh Machines (LOKESHMACH) by charts plus indicators, forecast predictions and share price targets for Lokesh Machines (LOKESHMACH)

Lokesh Machines trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Lokesh Machines is 86296

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	358.10	358.50	359.00	352.40	0.31 times
19 Mon Feb 2024	355.10	350.05	362.65	350.05	0.434 times
16 Fri Feb 2024	353.25	369.95	374.20	350.00	0.802 times
15 Thu Feb 2024	363.55	369.95	373.00	362.00	0.534 times
14 Wed Feb 2024	362.10	355.45	364.50	344.90	0.41 times
13 Tue Feb 2024	357.75	384.00	385.40	337.50	1.898 times
12 Mon Feb 2024	376.75	388.95	394.95	360.20	1.996 times
09 Fri Feb 2024	380.25	374.80	394.45	365.80	1.793 times
08 Thu Feb 2024	374.80	372.90	381.60	367.05	0.653 times
07 Wed Feb 2024	370.60	379.80	382.30	364.65	0.629 times

My analysis of stock is bearish for shortterm, and stock might move down till 348.8 or till 334.4. Use a stoploss of 360.78 and if the stock hits stoploss, then it can shoot up till 372.78

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	200.85
Downside Target	245.85
Downside Target	264.00
Downside Target	281.55
Downside Target	315.00
Downside Target	337.50
Downside Target	350.05
Upside Target	362.65
Upside Target	372.95
Upside Target	391.50
Upside Target	394.45
Upside Target	394.95
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	351.22
Downside Intraday Target	344.33
Upside Intraday Target	363.82
Upside Intraday Target	369.53
Downside Intraday Target	356.93

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	358.10	350.05	362.65	350.05	0.132 times
16 Fri Feb 2024	353.25	388.95	394.95	337.50	1.005 times
09 Fri Feb 2024	380.25	371.00	394.45	364.65	1.446 times
02 Fri Feb 2024	368.75	357.00	372.95	340.00	1.785 times
25 Thu Jan 2024	344.25	369.30	369.45	340.00	0.535 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 Lokesh Machines (LOKESHMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	358.10	361.00	394.95	337.50	0.661 times
31 Wed Jan 2024	352.25	365.00	413.40	340.00	0.506 times
29 Fri Dec 2023	364.35	298.20	391.50	281.55	1.351 times
30 Thu Nov 2023	297.65	246.90	315.00	245.85	0.486 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 Lokesh Machines (LOKESHMACH)

Price action analysis of Lokesh Machines ( (LOKESHMACH) ) 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 Lokesh Machines ( (LOKESHMACH) ) 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 Lokesh Machines ( (LOKESHMACH) ) based on a short to mid 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 Lokesh Machines ( (LOKESHMACH) ) 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 Lokesh Machines stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Lokesh Machines in short term but the sell signal is initial and weak.

Lokesh Machines 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 Lokesh Machines in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Lokesh Machines is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 368.08 and Lokesh Machines (LOKESHMACH) 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 Lokesh Machines (LOKESHMACH) stock. Volume based technical analysis of Lokesh Machines (LOKESHMACH) stock is negative.

Lokesh Machines Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.