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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 2024-01-12 View latest technical analysis

10 day averaged volume of Lokesh Machines is 112187

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	378.60	382.00	385.00	376.00	0.314 times
11 Thu Jan 2024	382.85	379.25	388.95	373.25	0.849 times
10 Wed Jan 2024	376.00	384.10	393.70	371.00	0.788 times
09 Tue Jan 2024	383.75	401.00	401.00	381.10	1.066 times
08 Mon Jan 2024	393.05	391.00	413.40	373.80	4.403 times
05 Fri Jan 2024	359.35	360.40	365.85	358.05	0.402 times
04 Thu Jan 2024	360.35	360.30	369.10	357.55	0.494 times
03 Wed Jan 2024	360.30	363.60	368.70	358.60	0.327 times
02 Tue Jan 2024	362.20	358.45	370.00	357.80	0.428 times
01 Mon Jan 2024	358.75	365.00	365.00	357.00	0.394 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 387.8 as stoploss in an intra day sell trade for a target of 359.89. However, stock will show a bullish move above 387.8.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	198.00
Downside Target	224.25
Downside Target	245.85
Downside Target	264.00
Downside Target	281.55
Downside Target	290.80
Downside Target	315.00
Downside Target	352.10
Downside Target	370.00
Upside Target	384.95
Upside Target	391.50
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	361.93
Downside Intraday Target	345.27
Upside Intraday Target	404.33
Upside Intraday Target	430.07
Upside Intraday Target	387.67

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	378.60	391.00	413.40	371.00	3.627 times
05 Fri Jan 2024	359.35	365.00	370.00	357.00	0.376 times
29 Fri Dec 2023	364.35	374.05	391.50	352.10	0.339 times
22 Fri Dec 2023	374.20	292.00	384.95	290.80	5.178 times
15 Fri Dec 2023	290.80	315.70	315.70	282.55	0.554 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	378.60	365.00	413.40	357.00	0.301 times
29 Fri Dec 2023	364.35	298.20	391.50	281.55	1.351 times
30 Thu Nov 2023	297.65	246.90	315.00	245.85	0.486 times
31 Tue Oct 2023	245.65	201.05	264.00	200.85	4.345 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 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 short 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Lokesh Machines in short term but SELL signal is weak.

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

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 382.09 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 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.