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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 2024-03-13 View latest technical analysis

10 day averaged volume of Lokesh Machines is 84852

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	288.05	281.15	298.45	280.65	2.618 times
12 Tue Mar 2024	281.15	280.40	286.50	271.50	1.974 times
11 Mon Mar 2024	287.80	302.00	302.00	282.05	1.684 times
07 Thu Mar 2024	300.25	306.00	311.95	298.10	0.85 times
06 Wed Mar 2024	304.85	318.50	320.95	298.00	1.335 times
05 Tue Mar 2024	318.50	320.00	328.30	310.80	0.7 times
04 Mon Mar 2024	318.35	330.95	333.00	308.65	1.122 times
02 Sat Mar 2024	330.40	331.00	334.90	321.55	0.104 times
01 Fri Mar 2024	330.25	341.95	341.95	325.00	0.815 times
29 Thu Feb 2024	329.20	333.00	341.95	319.75	0.811 times

Stock of Lokesh Machines (LOKESHMACH) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 304.6, but if it comes above 304.6, then a intra day buy could be more profitable.
If you take a sell trade below 304.6, then use 304.6 as stoploss and 274.4 as target. However if you take a buy trade in stock , then use 304.6 as stoploss and 329.74 as target.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	245.85
Downside Target	271.50
Downside Target	281.55
Upside Target	298.00
Upside Target	315.00
Upside Target	330.15
Upside Target	341.95
Upside Target	362.65
Upside Target	370.05
Upside Target	391.50
Upside Target	394.95
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	272.37
Downside Intraday Target	256.68
Upside Intraday Target	302.87
Upside Intraday Target	317.68
Downside Intraday Target	287.18

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	288.05	302.00	302.00	271.50	1.566 times
07 Thu Mar 2024	300.25	330.95	333.00	298.00	1.019 times
02 Sat Mar 2024	330.40	354.00	370.05	319.75	0.826 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	288.05	341.95	341.95	271.50	0.535 times
29 Thu Feb 2024	329.20	361.00	394.95	319.75	0.995 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Lokesh Machines stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Lokesh Machines Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 300.23 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.