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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 2024-10-31 View latest technical analysis

10 day averaged volume of Lokesh Machines is 40799

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	351.95	351.60	355.40	347.75	0.823 times
30 Wed Oct 2024	352.30	348.60	356.40	348.00	0.974 times
29 Tue Oct 2024	348.85	351.75	354.50	345.10	0.61 times
28 Mon Oct 2024	352.40	353.35	355.00	343.35	0.799 times
25 Fri Oct 2024	352.65	357.05	362.00	350.00	0.948 times
24 Thu Oct 2024	354.55	364.50	367.00	351.35	0.692 times
23 Wed Oct 2024	366.60	369.20	371.45	356.75	0.994 times
22 Tue Oct 2024	363.75	375.35	384.35	361.25	1.744 times
21 Mon Oct 2024	374.40	384.00	385.35	373.00	1.006 times
18 Fri Oct 2024	383.65	385.05	389.80	380.10	1.183 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 357.1, but if it comes above 357.1, then a intra day buy could be more profitable.
If you take a sell trade below 357.1, then use 357.1 as stoploss and 334 as target. However if you take a buy trade in stock , then use 357.1 as stoploss and 376.39 as target.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	342.60
Upside Target	365.55
Upside Target	380.10
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	344.73
Downside Intraday Target	337.52
Upside Intraday Target	357.78
Upside Intraday Target	363.62
Downside Intraday Target	350.57

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	351.95	353.35	356.40	343.35	0.595 times
25 Fri Oct 2024	352.65	384.00	385.35	350.00	0.698 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

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
31 Thu Oct 2024	351.95	374.20	419.90	343.35	0.822 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 down 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 361.82 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.