Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-16 View latest technical analysis

10 day averaged volume of Lokesh Machines is 283679

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	471.40	420.10	472.70	420.10	1.442 times
15 Mon Apr 2024	429.75	418.05	436.00	407.55	0.392 times
12 Fri Apr 2024	430.00	437.00	445.00	417.20	0.297 times
10 Wed Apr 2024	437.60	445.90	449.95	425.00	0.449 times
09 Tue Apr 2024	449.75	461.25	464.00	445.90	0.396 times
08 Mon Apr 2024	458.20	457.75	464.95	451.05	0.516 times
05 Fri Apr 2024	452.30	449.80	469.95	440.00	1.399 times
04 Thu Apr 2024	448.25	424.00	459.80	410.10	3.194 times
03 Wed Apr 2024	421.65	408.45	429.70	406.05	1.186 times
02 Tue Apr 2024	405.55	383.65	421.55	380.80	1.719 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 445.2, but if it comes below 445.2, then a intra day sell could be more profitable.
If you take a sell trade below 445.2, then use 445.2 as stoploss and 385.67 as target. However if you take a buy trade in stock , then use 445.2 as stoploss and 516.6 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	407.55
Downside Target	413.40
Downside Target	417.20
Downside Target	464.95
Downside Target	469.95
Upside Target	472.70

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	428.4
Downside Intraday Target	385.4
Upside Intraday Target	493.55
Upside Intraday Target	515.7
Downside Intraday Target	450.55

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	471.40	418.05	472.70	407.55	1.106 times
12 Fri Apr 2024	430.00	457.75	464.95	417.20	0.209 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

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
16 Tue Apr 2024	471.40	370.65	472.70	365.55	1.404 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 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 441.19 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.