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 2024-08-21 View latest technical analysis

10 day averaged volume of Lokesh Machines is 54866

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	368.65	369.00	375.85	365.00	0.831 times
20 Tue Aug 2024	365.30	371.00	371.00	360.80	0.764 times
19 Mon Aug 2024	359.85	360.00	366.00	355.95	1.702 times
16 Fri Aug 2024	364.05	372.50	383.10	360.05	2.746 times
14 Wed Aug 2024	387.45	387.00	397.60	370.00	1.251 times
13 Tue Aug 2024	390.55	413.50	413.50	390.10	0.382 times
12 Mon Aug 2024	396.25	389.95	404.40	389.00	0.913 times
09 Fri Aug 2024	394.70	401.35	408.00	389.55	0.568 times
08 Thu Aug 2024	398.90	403.00	414.40	395.00	0.634 times
07 Wed Aug 2024	402.90	404.00	407.20	400.20	0.339 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 378.8, but if it comes above 378.8, then a intra day buy could be more profitable.
If you take a sell trade below 378.8, then use 378.8 as stoploss and 352.1 as target. However if you take a buy trade in stock , then use 378.8 as stoploss and 400.99 as target.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	271.50
Downside Target	319.75
Downside Target	355.95
Upside Target	375.85
Upside Target	389.55
Upside Target	410.80
Upside Target	413.50
Upside Target	416.30
Upside Target	433.45
Upside Target	437.90
Upside Target	441.95
Upside Target	475.75

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	357.78
Downside Intraday Target	346.92
Upside Intraday Target	377.68
Upside Intraday Target	386.72
Downside Intraday Target	366.82

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	368.65	360.00	375.85	355.95	0.623 times
16 Fri Aug 2024	364.05	389.95	413.50	360.05	1.502 times
09 Fri Aug 2024	394.70	410.00	416.30	389.55	1.255 times
02 Fri Aug 2024	419.70	428.00	437.90	410.80	0.602 times
26 Fri Jul 2024	429.55	407.05	441.95	402.00	1.146 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
21 Wed Aug 2024	368.65	426.20	433.45	355.95	1.512 times
31 Wed Jul 2024	425.75	434.95	441.95	402.00	0.123 times
22 Mon Apr 2024	454.85	370.65	475.75	365.55	1.64 times
28 Thu Mar 2024	370.65	341.95	395.00	271.50	1.3 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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.

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 BUY signal in short term but buying is losing 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 375.81 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.