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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 2024-02-16 View latest technical analysis

10 day averaged volume of Lakshmi Elec is 8061

Date Daily Closing Price Open High Low Volume
16 Fri Feb 2024 1340.85 1333.10 1360.00 1333.10 0.337 times
15 Thu Feb 2024 1333.10 1350.00 1350.00 1317.00 0.303 times
14 Wed Feb 2024 1336.40 1286.00 1350.00 1286.00 0.424 times
13 Tue Feb 2024 1329.00 1247.70 1335.00 1215.10 2.195 times
12 Mon Feb 2024 1237.05 1456.00 1456.00 1165.55 4.413 times
09 Fri Feb 2024 1456.00 1476.90 1492.00 1430.00 0.5 times
08 Thu Feb 2024 1477.70 1477.90 1523.80 1441.20 0.362 times
07 Wed Feb 2024 1477.90 1490.00 1560.00 1462.80 0.847 times
06 Tue Feb 2024 1476.75 1451.50 1492.00 1451.00 0.303 times
05 Mon Feb 2024 1457.85 1467.00 1496.00 1445.20 0.178 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1361.1, but if it comes above 1361.1, then a intra day buy could be more profitable.
If you take a sell trade below 1361.1, then use 1361.1 as stoploss and 1255.4 as target. However if you take a buy trade in stock , then use 1361.1 as stoploss and 1449.1 as target.

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 1165.55
Upside Target 1379.00
Upside Target 1430.00
Upside Target 1549.95
Upside Target 1560.00
Upside Target 1610.00
Upside Target 1614.00
Upside Target 1617.00
Upside Target 1690.00
Upside Target 2175.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 1185.6
Downside Intraday Target 1030.35
Upside Intraday Target 1476.05
Upside Intraday Target 1611.25
Downside Intraday Target 1320.8

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
16 Fri Feb 2024 1340.85 1456.00 1456.00 1165.55 3.504 times
09 Fri Feb 2024 1456.00 1467.00 1560.00 1430.00 0.997 times
02 Fri Feb 2024 1465.75 1493.00 1549.95 1441.35 2.048 times
25 Thu Jan 2024 1500.85 1591.00 1614.00 1472.10 0.387 times
19 Fri Jan 2024 1601.00 1405.00 1617.00 1400.00 0.692 times

Price has moved down 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
16 Fri Feb 2024 1340.85 1456.15 1560.00 1165.55 0.927 times
31 Wed Jan 2024 1468.40 1482.05 1617.00 1379.00 2.002 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

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 Lakshmi Elec (LakshmiElec)

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) 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 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 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 SELL signal for Lakshmi Elec in short term and the sell signal is strong.

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 moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1320.25 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 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 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 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 SELL signal for Lakshmi Elec in short term and the sell signal is strong.

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 moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1320.25 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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