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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 2024-09-09 View latest technical analysis

10 day averaged volume of Lokesh Machines is 122774

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	410.15	409.00	412.80	396.15	1.13 times
06 Fri Sep 2024	414.30	425.00	426.15	406.85	5.74 times
05 Thu Sep 2024	387.45	353.15	387.45	353.15	1.436 times
04 Wed Sep 2024	352.25	354.60	354.95	348.30	0.205 times
03 Tue Sep 2024	348.15	350.00	357.95	347.00	0.155 times
02 Mon Sep 2024	347.95	353.05	359.95	345.10	0.29 times
30 Fri Aug 2024	352.85	353.00	356.15	352.00	0.156 times
29 Thu Aug 2024	351.95	357.50	357.95	351.00	0.24 times
28 Wed Aug 2024	357.30	357.80	361.80	355.55	0.316 times
27 Tue Aug 2024	349.85	355.10	368.50	342.60	0.951 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 414.2, for a target of 389.1 or 368.25

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	271.50
Downside Target	342.60
Downside Target	360.05
Downside Target	395.00
Downside Target	402.00
Upside Target	412.80
Upside Target	413.50
Upside Target	426.15
Upside Target	433.45
Upside Target	441.95
Upside Target	475.75

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	399.93
Downside Intraday Target	389.72
Upside Intraday Target	416.58
Upside Intraday Target	423.02
Downside Intraday Target	406.37

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	410.15	409.00	412.80	396.15	0.144 times
06 Fri Sep 2024	414.30	353.05	426.15	345.10	3.6 times
30 Fri Aug 2024	352.85	354.00	368.50	342.60	0.79 times
23 Fri Aug 2024	350.60	360.00	375.85	343.35	1.164 times
16 Fri Aug 2024	364.05	389.95	413.50	360.05	1.502 times

Price has moved down 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
09 Mon Sep 2024	410.15	353.05	426.15	345.10	0.972 times
30 Fri Aug 2024	352.85	426.20	433.45	342.60	2.42 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

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 but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 396.47 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.