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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 2024-10-21 View latest technical analysis

10 day averaged volume of Lokesh Machines is 79170

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	374.40	384.00	385.35	373.00	0.518 times
18 Fri Oct 2024	383.65	385.05	389.80	380.10	0.61 times
17 Thu Oct 2024	387.10	391.00	393.65	383.40	0.542 times
16 Wed Oct 2024	394.65	396.90	401.80	391.70	0.5 times
15 Tue Oct 2024	396.90	408.10	408.45	395.25	0.686 times
14 Mon Oct 2024	409.00	408.95	419.90	402.75	1.638 times
11 Fri Oct 2024	409.65	389.30	413.90	384.55	2.236 times
10 Thu Oct 2024	387.80	392.00	398.00	386.00	0.725 times
09 Wed Oct 2024	391.00	394.25	397.95	387.45	0.705 times
08 Tue Oct 2024	388.40	379.40	393.10	377.80	0.872 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 370.7 as stoploss in an intra day buy trade for a target of 383.41. However, stock will show a bearish move below 370.7.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	342.60
Downside Target	357.15
Downside Target	365.55
Upside Target	402.00
Upside Target	402.80
Upside Target	413.90
Upside Target	419.90
Upside Target	426.15
Upside Target	433.45
Upside Target	441.95
Upside Target	475.75

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	369.82
Downside Intraday Target	365.23
Upside Intraday Target	382.17
Upside Intraday Target	389.93
Upside Intraday Target	377.58

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	374.40	384.00	385.35	373.00	0.13 times
18 Fri Oct 2024	383.65	408.95	419.90	380.10	0.66 times
11 Fri Oct 2024	409.65	390.00	413.90	368.55	0.584 times
04 Fri Oct 2024	383.05	366.00	402.80	357.15	2.867 times
27 Fri Sep 2024	372.65	376.00	387.45	367.60	0.45 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
21 Mon Oct 2024	374.40	374.20	419.90	357.15	0.687 times
30 Mon Sep 2024	364.50	353.05	426.15	345.10	2.03 times
30 Fri Aug 2024	352.85	426.20	433.45	342.60	2.42 times
31 Wed Jul 2024	425.75	434.95	441.95	402.00	0.123 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 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 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 gaining momentum.

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

Lokesh Machines Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Lokesh Machines in short term and SELL signal is strong!

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 397.34 and Lokesh Machines (LOKESHMACH) stock is trading below this level. This means that stock is falling with high volumes. 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.