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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 2024-04-09 View latest technical analysis

10 day averaged volume of Lokesh Machines is 337847

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	449.75	461.25	464.00	445.90	0.332 times
08 Mon Apr 2024	458.20	457.75	464.95	451.05	0.433 times
05 Fri Apr 2024	452.30	449.80	469.95	440.00	1.175 times
04 Thu Apr 2024	448.25	424.00	459.80	410.10	2.682 times
03 Wed Apr 2024	421.65	408.45	429.70	406.05	0.996 times
02 Tue Apr 2024	405.55	383.65	421.55	380.80	1.443 times
01 Mon Apr 2024	380.75	370.65	386.45	365.55	0.38 times
28 Thu Mar 2024	370.65	387.00	395.00	368.20	1.555 times
27 Wed Mar 2024	356.20	340.00	370.00	340.00	0.553 times
26 Tue Mar 2024	336.30	321.00	339.50	316.95	0.403 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 416.7, but if it comes below 416.7, then a intra day sell could be more profitable.
If you take a sell trade below 416.7, then use 416.7 as stoploss and 355.78 as target. However if you take a buy trade in stock , then use 416.7 as stoploss and 489.8 as target.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	271.50
Downside Target	281.55
Downside Target	298.00
Downside Target	316.95
Downside Target	340.00
Downside Target	365.55
Downside Target	391.50
Downside Target	395.00
Downside Target	413.40
Downside Target	445.90
Upside Target	464.95
Upside Target	469.95

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	442.12
Downside Intraday Target	434.48
Upside Intraday Target	461.17
Upside Intraday Target	472.58
Upside Intraday Target	453.53

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	449.75	457.75	464.95	445.90	0.115 times
05 Fri Apr 2024	452.30	370.65	469.95	365.55	2.659 times
28 Thu Mar 2024	370.65	321.00	395.00	316.95	2.667 times
22 Fri Mar 2024	320.60	312.35	325.00	298.00	0.437 times
15 Fri Mar 2024	312.35	302.00	327.70	271.50	2.141 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 Lokesh Machines (LOKESHMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	449.75	370.65	469.95	365.55	1.087 times
28 Thu Mar 2024	370.65	341.95	395.00	271.50	1.3 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

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 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 Lokesh Machines ( (LOKESHMACH) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lokesh Machines in short term and the buy signal is strong.

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

Lokesh Machines Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Lokesh Machines in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 416.01 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 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.