(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 2024-05-16 View latest technical analysis
10 day averaged volume of Lakshmi Elec is 1664
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 1650.85 | 1658.00 | 1659.90 | 1625.40 | 0.739 times |
| 15 Wed May 2024 | 1633.65 | 1645.00 | 1679.90 | 1622.80 | 1.126 times |
| 14 Tue May 2024 | 1644.15 | 1650.00 | 1666.00 | 1633.65 | 0.413 times |
| 13 Mon May 2024 | 1639.40 | 1677.60 | 1693.80 | 1600.00 | 1.808 times |
| 10 Fri May 2024 | 1694.20 | 1696.35 | 1719.40 | 1650.00 | 0.618 times |
| 09 Thu May 2024 | 1644.70 | 1706.00 | 1729.95 | 1626.00 | 1.177 times |
| 08 Wed May 2024 | 1713.60 | 1695.00 | 1747.90 | 1679.00 | 0.555 times |
| 07 Tue May 2024 | 1712.55 | 1718.25 | 1743.80 | 1664.20 | 0.822 times |
| 06 Mon May 2024 | 1718.25 | 1716.80 | 1759.45 | 1700.00 | 0.707 times |
| 03 Fri May 2024 | 1732.20 | 1783.20 | 1799.40 | 1725.50 | 1.397 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1670.8, but if it comes above 1670.8, then a intra day buy could be more profitable.
If you take a sell trade below 1670.8, then use 1670.8 as stoploss and 1578.1 as target. However if you take a buy trade in stock , then use 1670.8 as stoploss and 1747.97 as target.
Share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Target | 1165.55 |
| Downside Target | 1220.00 |
| Downside Target | 1379.00 |
| Downside Target | 1560.00 |
| Upside Target | 1693.80 |
| Upside Target | 1759.45 |
| Upside Target | 1780.00 |
| Upside Target | 1856.00 |
| Upside Target | 1908.75 |
| Upside Target | 1921.00 |
| Upside Target | 1934.00 |
Intraday share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Intraday Target | 1602.63 |
| Downside Intraday Target | 1554.42 |
| Upside Intraday Target | 1696.43 |
| Upside Intraday Target | 1742.02 |
| Downside Intraday Target | 1648.22 |
Weekly technical analysis of Lakshmi Elec (LakshmiElec)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 1650.85 | 1677.60 | 1693.80 | 1600.00 | 1.054 times |
| 10 Fri May 2024 | 1694.20 | 1716.80 | 1759.45 | 1626.00 | 0.827 times |
| 03 Fri May 2024 | 1732.20 | 1934.00 | 1934.00 | 1725.50 | 0.933 times |
| 26 Fri Apr 2024 | 1871.35 | 1780.00 | 1908.75 | 1780.00 | 1.041 times |
| 19 Fri Apr 2024 | 1782.05 | 1765.00 | 1921.00 | 1721.00 | 0.889 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 Lakshmi Elec (LakshmiElec)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 1650.85 | 1833.00 | 1856.00 | 1600.00 | 0.354 times |
| 30 Tue Apr 2024 | 1840.00 | 1585.60 | 1934.00 | 1585.60 | 0.597 times |
| 28 Thu Mar 2024 | 1613.80 | 1315.30 | 1640.95 | 1220.00 | 0.775 times |
| 29 Thu Feb 2024 | 1324.55 | 1456.15 | 1560.00 | 1165.55 | 1.185 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 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 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 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 Lakshmi Elec stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Lakshmi Elec in short term but the sell signal is initial and weak.
Lakshmi Elec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Lakshmi Elec in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Lakshmi Elec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1674.72 and Lakshmi Elec (LakshmiElec) 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 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 positive
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 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 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 Lakshmi Elec stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Lakshmi Elec in short term but the sell signal is initial and weak.
Lakshmi Elec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Lakshmi Elec in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Lakshmi Elec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1674.72 and Lakshmi Elec (LakshmiElec) 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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