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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 2024-03-14 View latest technical analysis

10 day averaged volume of Lokesh Machines is 101945

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	314.05	288.05	327.70	288.05	1.472 times
13 Wed Mar 2024	288.05	281.15	298.45	280.65	2.179 times
12 Tue Mar 2024	281.15	280.40	286.50	271.50	1.643 times
11 Mon Mar 2024	287.80	302.00	302.00	282.05	1.401 times
07 Thu Mar 2024	300.25	306.00	311.95	298.10	0.708 times
06 Wed Mar 2024	304.85	318.50	320.95	298.00	1.111 times
05 Tue Mar 2024	318.50	320.00	328.30	310.80	0.583 times
04 Mon Mar 2024	318.35	330.95	333.00	308.65	0.934 times
02 Sat Mar 2024	330.40	331.00	334.90	321.55	0.087 times
01 Fri Mar 2024	330.25	341.95	341.95	325.00	0.679 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 303.1 as stoploss in an intra day buy trade for a target of 327.26. However, stock will show a bearish move below 303.1.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	245.85
Downside Target	271.50
Downside Target	281.55
Downside Target	298.00
Upside Target	315.00
Upside Target	327.70
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	281.13
Downside Intraday Target	248.22
Upside Intraday Target	337.33
Upside Intraday Target	360.62
Downside Intraday Target	304.42

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	314.05	302.00	327.70	271.50	2.007 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 up 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
14 Thu Mar 2024	314.05	341.95	341.95	271.50	0.619 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lokesh Machines in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 300.3 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 rising upwards.

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.