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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 2024-01-29 View latest technical analysis

10 day averaged volume of Lokesh Machines is 57336

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	346.25	357.00	359.00	344.05	0.693 times
25 Thu Jan 2024	344.25	343.30	354.80	342.05	0.565 times
24 Wed Jan 2024	346.65	348.35	356.00	341.80	0.654 times
23 Tue Jan 2024	341.50	362.70	367.00	340.00	1.471 times
22 Mon Jan 2024	362.70	369.30	369.45	360.35	0.583 times
19 Fri Jan 2024	363.95	360.25	367.85	359.95	0.905 times
18 Thu Jan 2024	357.40	354.95	358.95	340.00	1.151 times
17 Wed Jan 2024	353.10	355.05	363.55	351.00	0.876 times
16 Tue Jan 2024	359.40	372.40	375.95	346.60	1.86 times
15 Mon Jan 2024	372.40	375.50	380.60	363.30	1.321 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 349.4, but if it comes above 349.4, then a intra day buy could be more profitable.
If you take a sell trade below 349.4, then use 349.4 as stoploss and 332.9 as target. However if you take a buy trade in stock , then use 349.4 as stoploss and 363.14 as target.

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	315.00
Downside Target	340.00
Upside Target	357.00
Upside Target	369.45
Upside Target	371.00
Upside Target	380.60
Upside Target	391.50
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	340.53
Downside Intraday Target	334.82
Upside Intraday Target	355.48
Upside Intraday Target	364.72
Upside Intraday Target	349.77

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	346.25	357.00	359.00	344.05	0.212 times
25 Thu Jan 2024	344.25	369.30	369.45	340.00	0.535 times
19 Fri Jan 2024	363.95	375.50	380.60	340.00	0.421 times
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

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
29 Mon Jan 2024	346.25	365.00	413.40	340.00	0.464 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 355.74 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.