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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 2024-04-01 View latest technical analysis

10 day averaged volume of Lokesh Machines is 136133

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	380.75	370.65	386.45	365.55	0.943 times
28 Thu Mar 2024	370.65	387.00	395.00	368.20	3.858 times
27 Wed Mar 2024	356.20	340.00	370.00	340.00	1.372 times
26 Tue Mar 2024	336.30	321.00	339.50	316.95	0.999 times
22 Fri Mar 2024	320.60	307.00	324.80	301.50	0.947 times
21 Thu Mar 2024	304.70	304.00	318.60	300.10	0.336 times
20 Wed Mar 2024	299.95	313.00	316.05	298.00	0.37 times
19 Tue Mar 2024	307.20	320.00	325.00	305.50	0.359 times
18 Mon Mar 2024	320.20	312.35	324.85	305.55	0.324 times
15 Fri Mar 2024	312.35	319.95	319.95	304.40	0.333 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 375.5, for a target of 344.7 or 319.13

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	271.50
Downside Target	281.55
Downside Target	298.00
Downside Target	316.95
Downside Target	340.00
Downside Target	365.55
Upside Target	386.45
Upside Target	391.50
Upside Target	394.95
Upside Target	395.00
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	368.72
Downside Intraday Target	356.68
Upside Intraday Target	389.62
Upside Intraday Target	398.48
Downside Intraday Target	377.58

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	380.75	370.65	386.45	365.55	0.151 times
28 Thu Mar 2024	370.65	321.00	395.00	316.95	2.667 times
22 Fri Mar 2024	320.60	312.35	325.00	298.00	0.437 times
15 Fri Mar 2024	312.35	302.00	327.70	271.50	2.141 times
07 Thu Mar 2024	300.25	330.95	333.00	298.00	1.019 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
01 Mon Apr 2024	380.75	370.65	386.45	365.55	0.056 times
28 Thu Mar 2024	370.65	341.95	395.00	271.50	1.3 times
29 Thu Feb 2024	329.20	361.00	394.95	319.75	0.995 times
31 Wed Jan 2024	352.25	365.00	413.40	340.00	0.506 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 350.45 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 positive

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