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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 2024-05-31 View latest technical analysis

10 day averaged volume of Lakshmi Elec is 4950

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 1495.55 1433.30 1524.00 1433.30 0.564 times
30 Thu May 2024 1457.95 1476.40 1495.00 1435.00 0.242 times
29 Wed May 2024 1476.40 1429.15 1492.00 1429.15 0.276 times
28 Tue May 2024 1429.15 1502.55 1510.00 1401.00 1.285 times
27 Mon May 2024 1502.55 1568.10 1579.00 1497.50 1.234 times
24 Fri May 2024 1567.55 1583.50 1604.95 1540.00 1.001 times
23 Thu May 2024 1584.80 1798.70 1817.30 1575.00 4.995 times
22 Wed May 2024 1772.95 1725.00 1792.00 1690.00 0.332 times
21 Tue May 2024 1715.85 1675.00 1725.00 1635.00 0.228 times
18 Sat May 2024 1677.20 1675.00 1725.65 1654.50 0.114 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1521.7, but if it comes above 1521.7, then a intra day buy could be more profitable.
If you take a sell trade below 1521.7, then use 1521.7 as stoploss and 1405.4 as target. However if you take a buy trade in stock , then use 1521.7 as stoploss and 1618.74 as target.

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 1165.55
Downside Target 1220.00
Downside Target 1379.00
Upside Target 1540.00
Upside Target 1640.95
Upside Target 1725.50
Upside Target 1725.65
Upside Target 1759.45
Upside Target 1817.30
Upside Target 1856.00
Upside Target 1934.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 1404.7
Downside Intraday Target 1313.85
Upside Intraday Target 1582.7
Upside Intraday Target 1669.85
Downside Intraday Target 1491.85

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 1495.55 1568.10 1579.00 1401.00 0.549 times
24 Fri May 2024 1567.55 1675.00 1817.30 1540.00 3.684 times
18 Sat May 2024 1677.20 1677.60 1725.65 1600.00 1.365 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

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
31 Fri May 2024 1495.55 1833.00 1856.00 1401.00 1.392 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 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 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 losing momentum.

MACD generated a SELL signal for Lakshmi Elec in short term and the sell signal is strong.

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 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 but selling 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 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 1552.97 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 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 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 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 losing momentum.

MACD generated a SELL signal for Lakshmi Elec in short term and the sell signal is strong.

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 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 but selling 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 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 1552.97 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 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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