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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 2024-02-08 View latest technical analysis

10 day averaged volume of Lokesh Machines is 67795

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	374.80	372.90	381.60	367.05	0.831 times
07 Wed Feb 2024	370.60	379.80	382.30	364.65	0.801 times
06 Tue Feb 2024	379.80	377.00	383.95	368.05	1.081 times
05 Mon Feb 2024	375.00	371.00	393.00	366.55	2.147 times
02 Fri Feb 2024	368.75	353.15	372.95	353.15	1.623 times
01 Thu Feb 2024	353.15	361.00	361.00	351.35	0.549 times
31 Wed Jan 2024	352.25	358.00	359.95	349.00	0.847 times
30 Tue Jan 2024	355.80	348.00	369.95	340.00	1.335 times
29 Mon Jan 2024	346.25	357.00	359.00	344.05	0.586 times
25 Thu Jan 2024	344.25	343.30	354.80	342.05	0.478 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 374.5, but if it comes below 374.5, then a intra day sell could be more profitable.
If you take a sell trade below 374.5, then use 374.5 as stoploss and 361.96 as target. However if you take a buy trade in stock , then use 374.5 as stoploss and 389.5 as target.

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	361.97
Downside Intraday Target	349.13
Upside Intraday Target	390.32
Upside Intraday Target	405.83
Upside Intraday Target	377.48

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	374.80	371.00	393.00	364.65	0.984 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
08 Thu Feb 2024	374.80	361.00	393.00	351.35	0.267 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 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 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 gaining 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 moving up

CCI has generated a buy signal for Lokesh Machines in short term and BUY 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

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 365.55 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.