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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 2024-04-10 View latest technical analysis

10 day averaged volume of Lokesh Machines is 336187

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	437.60	445.90	449.95	425.00	0.379 times
09 Tue Apr 2024	449.75	461.25	464.00	445.90	0.334 times
08 Mon Apr 2024	458.20	457.75	464.95	451.05	0.435 times
05 Fri Apr 2024	452.30	449.80	469.95	440.00	1.18 times
04 Thu Apr 2024	448.25	424.00	459.80	410.10	2.695 times
03 Wed Apr 2024	421.65	408.45	429.70	406.05	1 times
02 Tue Apr 2024	405.55	383.65	421.55	380.80	1.451 times
01 Mon Apr 2024	380.75	370.65	386.45	365.55	0.382 times
28 Thu Mar 2024	370.65	387.00	395.00	368.20	1.562 times
27 Wed Mar 2024	356.20	340.00	370.00	340.00	0.555 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 424.6, but if it comes below 424.6, then a intra day sell could be more profitable.
If you take a sell trade below 424.6, then use 424.6 as stoploss and 363.27 as target. However if you take a buy trade in stock , then use 424.6 as stoploss and 498.1 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	425.00
Upside Target	464.95
Upside Target	469.95

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	420.08
Downside Intraday Target	402.57
Upside Intraday Target	460.03
Upside Intraday Target	482.47
Upside Intraday Target	442.52

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	437.60	457.75	464.95	425.00	0.171 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
10 Wed Apr 2024	437.60	370.65	469.95	365.55	1.142 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 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 420.07 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.