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(LOKESHMACH_BE) Lokesh Machines complete technical analysis [charts+indicators] | Buy/Sell Lokesh Machines | (LOKESHMACH_BE) share price targets

Complete technical analysis of Lokesh Machines (LOKESHMACH_BE) by charts plus indicators, forecast predictions and share price targets for Lokesh Machines (LOKESHMACH_BE)

10 day averaged volume of Lokesh Machines is 71100

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	443.50	434.10	455.00	432.00	0.59 times
23 Tue Apr 2024	434.10	453.95	457.00	432.10	1.483 times
22 Fri Sep 2023	193.80	192.75	194.90	188.40	0.806 times
21 Thu Sep 2023	190.00	189.80	193.80	186.95	0.548 times
20 Wed Sep 2023	186.95	190.90	190.90	186.10	0.269 times
18 Mon Sep 2023	189.45	192.70	192.70	187.00	0.693 times
15 Fri Sep 2023	190.15	199.00	199.00	189.00	0.689 times
14 Thu Sep 2023	196.30	200.00	204.00	195.00	1.306 times
13 Wed Sep 2023	194.65	184.90	194.65	184.50	1.636 times
12 Tue Sep 2023	185.40	191.95	195.95	179.25	1.812 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 378.5, for a target of 287.2 or 211.1

Share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type	Value
Downside Target	175.10
Downside Target	179.25
Downside Target	194.90
Downside Target	203.90
Downside Target	204.00
Downside Target	204.95
Downside Target	210.00
Downside Target	432.00
Upside Target	457.00

Intraday share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type	Value
Downside Intraday Target	431.33
Downside Intraday Target	419.17
Upside Intraday Target	456.33
Upside Intraday Target	469.17
Upside Intraday Target	444.17

Weekly technical analysis of Lokesh Machines (LOKESHMACH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	443.50	453.95	457.00	432.00	0.895 times
22 Fri Sep 2023	193.80	192.70	194.90	186.10	0.374 times
15 Fri Sep 2023	190.15	182.45	204.00	179.25	1.533 times
08 Fri Sep 2023	179.70	178.25	184.70	175.50	2.049 times
01 Fri Sep 2023	183.75	181.00	184.80	175.10	0.7 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	443.50	453.95	457.00	432.00	0.159 times
22 Fri Sep 2023	193.80	184.35	204.00	175.50	0.75 times
31 Thu Aug 2023	182.45	194.00	210.00	175.10	1.092 times
31 Mon Jul 2023	192.80	195.95	204.95	182.90	1.707 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_BE)

Price action analysis of Lokesh Machines ( (LOKESHMACH_BE) ) 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_BE) ) based on a short 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.

Price action analysis of Lokesh Machines ( (LOKESHMACH_BE) ) 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_BE) ) 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 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 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 positive zone. This is a BUY 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 242.98 and Lokesh Machines (LOKESHMACH_BE) 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_BE) stock. Volume based technical analysis of Lokesh Machines (LOKESHMACH_BE) 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.