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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)

10 day averaged volume of Lakshmi Elec is 1526

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 752.50 770.00 770.00 750.00 0.619 times
23 Thu Mar 2023 769.95 760.00 770.00 760.00 0.852 times
22 Wed Mar 2023 754.35 783.30 783.30 750.00 1.585 times
21 Tue Mar 2023 783.00 770.00 784.00 770.00 0.665 times
20 Mon Mar 2023 763.05 775.00 785.00 760.50 0.604 times
17 Fri Mar 2023 777.35 780.00 799.00 774.95 1.098 times
16 Thu Mar 2023 768.40 765.00 780.00 755.10 0.609 times
15 Wed Mar 2023 767.45 770.00 790.00 753.60 1.121 times
14 Tue Mar 2023 769.60 785.00 800.00 756.00 1.904 times
13 Mon Mar 2023 790.25 768.65 825.00 768.65 1.07 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 748.1, for a target of 762.9 or 775.17

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 734.20
Downside Target 750.00
Upside Target 807.30
Upside Target 808.00
Upside Target 818.00
Upside Target 825.00
Upside Target 931.00
Upside Target 969.90
Upside Target 999.00
Upside Target 1070.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 740
Downside Intraday Target 727.5
Upside Intraday Target 775
Upside Intraday Target 797.5
Upside Intraday Target 762.5

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
24 Fri Mar 2023 752.50 775.00 785.00 750.00 0.745 times
17 Fri Mar 2023 777.35 768.65 825.00 753.60 1.863 times
10 Fri Mar 2023 795.40 780.15 808.00 766.00 0.767 times
03 Fri Mar 2023 780.15 780.00 793.95 762.60 0.723 times
24 Fri Feb 2023 781.95 798.95 807.30 750.15 1.033 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
24 Fri Mar 2023 752.50 780.00 825.00 750.00 0.388 times
28 Tue Feb 2023 770.80 890.00 931.00 750.15 1.476 times
31 Tue Jan 2023 888.40 892.80 969.90 818.00 0.542 times
30 Fri Dec 2022 892.80 963.00 999.00 780.25 0.358 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 21, 16 Sell
MACD -33, -34Buy
Stochastics 12Sell
CCI -121Sell
RSI 46Sell
OBV -1559Sell
VWAP 769Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Lakshmi Elec in short term but the buy signal is initial and weak.

Lakshmi Elec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 769.4 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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