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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 2024-08-20 View latest technical analysis

10 day averaged volume of Lokesh Machines is 57705

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	365.30	371.00	371.00	360.80	0.727 times
19 Mon Aug 2024	359.85	360.00	366.00	355.95	1.618 times
16 Fri Aug 2024	364.05	372.50	383.10	360.05	2.611 times
14 Wed Aug 2024	387.45	387.00	397.60	370.00	1.19 times
13 Tue Aug 2024	390.55	413.50	413.50	390.10	0.363 times
12 Mon Aug 2024	396.25	389.95	404.40	389.00	0.868 times
09 Fri Aug 2024	394.70	401.35	408.00	389.55	0.54 times
08 Thu Aug 2024	398.90	403.00	414.40	395.00	0.603 times
07 Wed Aug 2024	402.90	404.00	407.20	400.20	0.322 times
06 Tue Aug 2024	401.50	401.00	416.30	398.00	0.666 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 356.8, for a target of 382 or 403.07

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	271.50
Downside Target	319.75
Downside Target	355.95
Upside Target	389.55
Upside Target	410.80
Upside Target	413.50
Upside Target	416.30
Upside Target	433.45
Upside Target	437.90
Upside Target	441.95
Upside Target	475.75

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	357.17
Downside Intraday Target	349.03
Upside Intraday Target	372.22
Upside Intraday Target	379.13
Downside Intraday Target	364.08

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	365.30	360.00	371.00	355.95	0.466 times
16 Fri Aug 2024	364.05	389.95	413.50	360.05	1.502 times
09 Fri Aug 2024	394.70	410.00	416.30	389.55	1.255 times
02 Fri Aug 2024	419.70	428.00	437.90	410.80	0.602 times
26 Fri Jul 2024	429.55	407.05	441.95	402.00	1.146 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
20 Tue Aug 2024	365.30	426.20	433.45	355.95	1.415 times
31 Wed Jul 2024	425.75	434.95	441.95	402.00	0.123 times
22 Mon Apr 2024	454.85	370.65	475.75	365.55	1.64 times
28 Thu Mar 2024	370.65	341.95	395.00	271.50	1.3 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Lokesh Machines in short term and the sell signal is strong.

Lokesh Machines Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 378.2 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 negative.

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