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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 2024-10-23 View latest technical analysis

10 day averaged volume of Lokesh Machines is 71727

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	366.60	369.20	371.45	356.75	0.565 times
22 Tue Oct 2024	363.75	375.35	384.35	361.25	0.992 times
21 Mon Oct 2024	374.40	384.00	385.35	373.00	0.572 times
18 Fri Oct 2024	383.65	385.05	389.80	380.10	0.673 times
17 Thu Oct 2024	387.10	391.00	393.65	383.40	0.598 times
16 Wed Oct 2024	394.65	396.90	401.80	391.70	0.552 times
15 Tue Oct 2024	396.90	408.10	408.45	395.25	0.758 times
14 Mon Oct 2024	409.00	408.95	419.90	402.75	1.808 times
11 Fri Oct 2024	409.65	389.30	413.90	384.55	2.468 times
10 Thu Oct 2024	387.80	392.00	398.00	386.00	0.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 368.7, but if it comes above 368.7, then a intra day buy could be more profitable.
If you take a sell trade below 368.7, then use 368.7 as stoploss and 352.2 as target. However if you take a buy trade in stock , then use 368.7 as stoploss and 382.39 as target.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	342.60
Downside Target	356.75
Downside Target	365.55
Upside Target	380.10
Upside Target	402.00
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	353.78
Downside Intraday Target	340.97
Upside Intraday Target	382.38
Upside Intraday Target	398.17
Upside Intraday Target	369.57

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	366.60	384.00	385.35	356.75	0.485 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
23 Wed Oct 2024	366.60	374.20	419.90	356.75	0.736 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 393.55 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.