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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 2024-02-27 View latest technical analysis

10 day averaged volume of Lokesh Machines is 81363

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	349.95	358.90	364.50	345.25	0.501 times
26 Mon Feb 2024	356.75	354.00	370.05	345.80	1.166 times
23 Fri Feb 2024	347.30	342.70	358.25	335.10	1.435 times
22 Thu Feb 2024	333.85	353.20	353.20	330.15	2.451 times
21 Wed Feb 2024	349.20	358.40	361.40	347.10	0.294 times
20 Tue Feb 2024	358.10	358.50	359.00	352.40	0.328 times
19 Mon Feb 2024	355.10	350.05	362.65	350.05	0.46 times
16 Fri Feb 2024	353.25	369.95	374.20	350.00	0.851 times
15 Thu Feb 2024	363.55	369.95	373.00	362.00	0.566 times
14 Wed Feb 2024	362.10	355.45	364.50	344.90	0.435 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 348.7 as stoploss in an intra day buy trade for a target of 360.91. However, stock will show a bearish move below 348.7.

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	330.15
Downside Target	337.50
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	340.12
Downside Intraday Target	330.28
Upside Intraday Target	364.92
Upside Intraday Target	379.88
Upside Intraday Target	355.08

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	349.95	354.00	370.05	345.25	0.335 times
23 Fri Feb 2024	347.30	350.05	362.65	330.15	0.83 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

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
27 Tue Feb 2024	349.95	361.00	394.95	330.15	0.928 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 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 Lokesh Machines (LOKESHMACH)

Price action analysis of Lokesh Machines ( (LOKESHMACH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid 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 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 gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lokesh Machines in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 348.22 and Lokesh Machines (LOKESHMACH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.