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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 2024-02-07 View latest technical analysis

10 day averaged volume of Lokesh Machines is 70795

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	370.60	379.80	382.30	364.65	0.767 times
06 Tue Feb 2024	379.80	377.00	383.95	368.05	1.036 times
05 Mon Feb 2024	375.00	371.00	393.00	366.55	2.056 times
02 Fri Feb 2024	368.75	353.15	372.95	353.15	1.554 times
01 Thu Feb 2024	353.15	361.00	361.00	351.35	0.526 times
31 Wed Jan 2024	352.25	358.00	359.95	349.00	0.811 times
30 Tue Jan 2024	355.80	348.00	369.95	340.00	1.279 times
29 Mon Jan 2024	346.25	357.00	359.00	344.05	0.561 times
25 Thu Jan 2024	344.25	343.30	354.80	342.05	0.458 times
24 Wed Jan 2024	346.65	348.35	356.00	341.80	0.53 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 374.6 as stoploss in an intra day sell trade for a target of 362.02. However, stock will show a bullish move above 374.6.

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	200.85
Downside Target	245.85
Downside Target	264.00
Downside Target	281.55
Downside Target	315.00
Downside Target	340.00
Downside Target	351.35
Downside Target	364.65
Upside Target	380.60
Upside Target	391.50
Upside Target	393.00
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	359.17
Downside Intraday Target	347.73
Upside Intraday Target	387.52
Upside Intraday Target	404.43
Upside Intraday Target	376.08

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	370.60	371.00	393.00	364.65	0.816 times
02 Fri Feb 2024	368.75	357.00	372.95	340.00	1.785 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

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
07 Wed Feb 2024	370.60	361.00	393.00	351.35	0.235 times
31 Wed Jan 2024	352.25	365.00	413.40	340.00	0.506 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

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 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 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 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 losing momentum.

MACD generated a BUY signal for Lokesh Machines in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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 but buying is losing 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 363.74 and Lokesh Machines (LOKESHMACH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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