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

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

Showing technical analysis as on 2024-10-22 View latest technical analysis

10 day averaged volume of Laxmimach is 283

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16224.80	16578.05	16579.15	16104.05	1.375 times
21 Mon Oct 2024	16585.20	16201.50	16740.90	16201.50	1.89 times
18 Fri Oct 2024	16390.95	16503.45	16548.15	16200.00	0.7 times
17 Thu Oct 2024	16574.10	16850.95	16850.95	16502.00	0.42 times
16 Wed Oct 2024	16864.10	17002.55	17101.30	16801.10	0.23 times
15 Tue Oct 2024	16991.20	17199.00	17317.15	16925.20	1.018 times
14 Mon Oct 2024	17030.60	16500.00	17205.25	16433.75	1.548 times
11 Fri Oct 2024	16942.05	16970.00	17066.60	16836.05	1.018 times
10 Thu Oct 2024	16971.45	14500.00	17677.80	14500.00	0.707 times
09 Wed Oct 2024	17338.50	17201.00	17850.00	17099.65	1.276 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16366.7, but if it comes above 16366.7, then a intra day buy could be more profitable.
If you take a sell trade below 16366.7, then use 16366.7 as stoploss and 15600.3 as target. However if you take a buy trade in stock , then use 16366.7 as stoploss and 17005.31 as target.

Share price targets for Laxmimach (Laxmimach)

Target Type	Value
Downside Target	14472.55
Downside Target	15000.65
Downside Target	15613.00
Upside Target	16740.90
Upside Target	17291.75
Upside Target	17649.70
Upside Target	17700.80
Upside Target	17850.00
Upside Target	18650.00
Upside Target	19031.15

Intraday share price targets for Laxmimach (Laxmimach)

Target Type	Value
Downside Intraday Target	15972.27
Downside Intraday Target	15719.73
Upside Intraday Target	16609.12
Upside Intraday Target	16993.43
Upside Intraday Target	16356.58

Weekly technical analysis of Laxmimach (Laxmimach)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16224.80	16201.50	16740.90	16104.05	0.834 times
18 Fri Oct 2024	16390.95	16500.00	17317.15	16200.00	0.595 times
11 Fri Oct 2024	16942.05	17690.05	17850.00	14500.00	0.578 times
03 Thu Oct 2024	17795.40	17920.05	18650.00	17649.70	1.079 times
27 Fri Sep 2024	17934.65	15613.75	19031.15	15613.00	2.152 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 Laxmimach (Laxmimach)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	16224.80	18150.00	18650.00	14500.00	0.421 times
30 Mon Sep 2024	18428.60	15288.80	19031.15	15000.65	0.548 times
30 Fri Aug 2024	14955.70	15351.00	15888.75	14472.55	2.801 times
31 Wed Jul 2024	15633.80	17023.10	17291.75	15289.00	0.71 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 Laxmimach (Laxmimach)

Price action analysis of Laxmimach ( (Laxmimach) ) 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 Laxmimach ( (Laxmimach) ) 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 Laxmimach ( (Laxmimach) ) 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 Laxmimach stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Laxmimach in short term but the sell signal is initial and weak.

Laxmimach 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Laxmimach in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Laxmimach is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16794.2 and Laxmimach (Laxmimach) 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 Laxmimach (Laxmimach) stock. Volume based technical analysis of Laxmimach (Laxmimach) stock is negative.

Laxmimach Stock has given negative 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.