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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 2024-08-06 View latest technical analysis

10 day averaged volume of Lakshmi Elec is 3352

Date Daily Closing Price Open High Low Volume
06 Tue Aug 2024 1494.75 1438.00 1505.00 1438.00 0.513 times
05 Mon Aug 2024 1439.45 1501.00 1549.00 1415.00 1.866 times
02 Fri Aug 2024 1537.20 1518.00 1569.00 1501.00 0.431 times
01 Thu Aug 2024 1529.10 1633.00 1633.00 1518.00 2.989 times
31 Wed Jul 2024 1609.55 1648.95 1648.95 1596.00 0.714 times
30 Tue Jul 2024 1611.00 1606.05 1625.95 1606.00 0.402 times
29 Mon Jul 2024 1605.20 1590.00 1630.00 1581.20 1.599 times
26 Fri Jul 2024 1572.25 1580.00 1580.00 1545.00 0.41 times
25 Thu Jul 2024 1571.55 1528.05 1575.00 1528.05 0.393 times
24 Wed Jul 2024 1558.40 1547.95 1572.00 1512.50 0.457 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1499.6, but if it comes above 1499.6, then a intra day buy could be more profitable.
If you take a sell trade below 1499.6, then use 1499.6 as stoploss and 1451.2 as target. However if you take a buy trade in stock , then use 1499.6 as stoploss and 1539.82 as target.

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 1239.00
Downside Target 1401.00
Downside Target 1485.00
Upside Target 1549.00
Upside Target 1585.60
Upside Target 1599.30
Upside Target 1633.00
Upside Target 1636.90
Upside Target 1648.95
Upside Target 1856.00
Upside Target 1934.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 1423.5
Downside Intraday Target 1352.25
Upside Intraday Target 1557.5
Upside Intraday Target 1620.25
Downside Intraday Target 1486.25

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
06 Tue Aug 2024 1494.75 1501.00 1549.00 1415.00 0.388 times
02 Fri Aug 2024 1537.20 1590.00 1648.95 1501.00 2.665 times
26 Fri Jul 2024 1572.25 1503.00 1599.30 1485.00 1.513 times
19 Fri Jul 2024 1507.55 1520.50 1549.90 1502.40 0.686 times
12 Fri Jul 2024 1528.85 1530.00 1578.00 1511.00 0.618 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
06 Tue Aug 2024 1494.75 1633.00 1633.00 1415.00 0.47 times
31 Wed Jul 2024 1609.55 1512.00 1648.95 1485.00 0.81 times
28 Fri Jun 2024 1506.80 1567.00 1636.90 1239.00 0.729 times
31 Fri May 2024 1495.55 1833.00 1856.00 1401.00 1.392 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 1537.12 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 1537.12 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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