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

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

Showing technical analysis as on 2024-01-05 View latest technical analysis

10 day averaged volume of Lakshmi Elec is 2934

Date Daily Closing Price Open High Low Volume
05 Fri Jan 2024 1488.15 1499.75 1507.75 1480.15 0.613 times
04 Thu Jan 2024 1490.70 1459.05 1494.75 1455.00 0.941 times
03 Wed Jan 2024 1458.35 1508.00 1527.95 1424.00 3.197 times
02 Tue Jan 2024 1512.15 1537.95 1537.95 1504.00 0.403 times
01 Mon Jan 2024 1500.15 1482.05 1509.90 1482.05 0.535 times
29 Fri Dec 2023 1487.15 1488.75 1514.00 1472.00 0.603 times
28 Thu Dec 2023 1488.75 1544.00 1544.00 1471.00 0.693 times
27 Wed Dec 2023 1518.95 1526.90 1550.00 1490.00 0.6 times
26 Tue Dec 2023 1482.95 1500.00 1521.00 1458.80 0.775 times
22 Fri Dec 2023 1483.30 1505.90 1516.95 1475.05 0.848 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1480.8 as stoploss in an intra day buy trade for a target of 1510.6. However, stock will show a bearish move below 1480.8.

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 1400.00
Upside Target 1550.00
Upside Target 1580.00
Upside Target 1584.00
Upside Target 1610.00
Upside Target 1658.20
Upside Target 1690.00
Upside Target 2175.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 1428.78
Downside Intraday Target 1369.42
Upside Intraday Target 1542.73
Upside Intraday Target 1597.32
Downside Intraday Target 1483.37

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
05 Fri Jan 2024 1488.15 1482.05 1537.95 1424.00 2.13 times
29 Fri Dec 2023 1487.15 1500.00 1550.00 1458.80 0.478 times
22 Fri Dec 2023 1483.30 1538.95 1584.00 1440.10 1.574 times
15 Fri Dec 2023 1526.70 1578.90 1580.00 1521.00 0.983 times
08 Fri Dec 2023 1558.95 1610.00 1610.00 1550.00 1.265 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lakshmi Elec (LakshmiElec)

Date Monthly Closing Price Open High Low Volume
05 Fri Jan 2024 1488.15 1482.05 1537.95 1424.00 0.364 times
29 Fri Dec 2023 1487.15 1572.05 1610.00 1440.10 0.799 times
30 Thu Nov 2023 1593.75 1651.65 1690.00 1503.90 0.44 times
31 Tue Oct 2023 1651.65 1598.90 2175.00 1483.50 2.187 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 Lakshmi Elec (LakshmiElec)

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) 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 Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) 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 Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer 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.

ADX buy sell signal for Lakshmi Elec stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lakshmi Elec 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.

Lakshmi Elec 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. Bears are weakening, and bulls 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 buy signal for Lakshmi Elec in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Lakshmi Elec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1480.91 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Lakshmi Elec (LakshmiElec) stock. Volume based technical analysis of Lakshmi Elec (LakshmiElec) stock is negative.

Lakshmi Elec 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.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) 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 Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) 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 Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer 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.

ADX buy sell signal for Lakshmi Elec stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lakshmi Elec 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.

Lakshmi Elec 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. Bears are weakening, and bulls 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 buy signal for Lakshmi Elec in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Lakshmi Elec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1480.91 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Lakshmi Elec (LakshmiElec) stock. Volume based technical analysis of Lakshmi Elec (LakshmiElec) stock is negative.

Lakshmi Elec 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.

Click here for Lakshmi Elec charts

Click here for further forecast and predictions for tomorrow

Daily charts

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