(VeejayLaksh) Veejay Laksh complete technical analysis [charts+indicators] | Buy/Sell Veejay Laksh | (VeejayLaksh) share price targets
Complete technical analysis of Veejay Laksh (VeejayLaksh) by charts plus indicators, forecast predictions and share price targets for Veejay Laksh (VeejayLaksh)
Showing technical analysis as on 2022-05-17 View latest technical analysis
10 day averaged volume of Veejay Laksh is 1222
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 52.70 | 52.60 | 52.70 | 52.60 | 0.123 times |
| 16 Mon May 2022 | 53.20 | 53.50 | 53.50 | 52.55 | 0.007 times |
| 13 Fri May 2022 | 51.05 | 50.00 | 51.05 | 46.55 | 0.421 times |
| 12 Thu May 2022 | 48.65 | 51.00 | 53.45 | 48.65 | 0.2 times |
| 11 Wed May 2022 | 51.10 | 51.30 | 58.25 | 51.10 | 0.613 times |
| 10 Tue May 2022 | 54.90 | 51.40 | 59.90 | 51.40 | 0.488 times |
| 09 Mon May 2022 | 57.10 | 57.10 | 57.10 | 57.10 | 0.97 times |
| 06 Fri May 2022 | 63.40 | 63.40 | 63.40 | 63.40 | 2.055 times |
| 05 Thu May 2022 | 70.40 | 67.00 | 72.30 | 63.50 | 2.799 times |
| 04 Wed May 2022 | 65.75 | 68.90 | 69.00 | 64.15 | 1.719 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.6, but if it comes above 54.6, then a intra day buy could be more profitable.
If you take a sell trade below 54.6, then use 54.6 as stoploss and 46.2 as target. However if you take a buy trade in stock , then use 54.6 as stoploss and 61.6 as target.
Share price targets for Veejay Laksh (VeejayLaksh)
| Target Type | Value |
| Downside Target | 46.55 |
| Downside Target | 52.55 |
| Upside Target | 55.35 |
| Upside Target | 57.65 |
| Upside Target | 59.90 |
| Upside Target | 62.00 |
| Upside Target | 66.60 |
| Upside Target | 69.70 |
| Upside Target | 72.30 |
| Upside Target | 72.50 |
| Upside Target | 80.00 |
Intraday share price targets for Veejay Laksh (VeejayLaksh)
| Target Type | Value |
| Downside Intraday Target | 52.33 |
| Downside Intraday Target | 51.97 |
| Upside Intraday Target | 53.28 |
| Upside Intraday Target | 53.87 |
| Upside Intraday Target | 52.92 |
Weekly technical analysis of Veejay Laksh (VeejayLaksh)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 52.70 | 53.50 | 53.50 | 52.55 | 0.048 times |
| 13 Fri May 2022 | 51.05 | 57.10 | 59.90 | 46.55 | 0.369 times |
| 06 Fri May 2022 | 63.40 | 64.15 | 72.30 | 63.40 | 0.637 times |
| 29 Fri Apr 2022 | 67.95 | 65.40 | 72.50 | 62.00 | 2.165 times |
| 22 Fri Apr 2022 | 63.50 | 65.70 | 67.75 | 62.55 | 0.875 times |
Price has moved up 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 Veejay Laksh (VeejayLaksh)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 52.70 | 64.15 | 72.30 | 46.55 | 0.377 times |
| 29 Fri Apr 2022 | 67.95 | 61.45 | 72.50 | 60.05 | 1.852 times |
| 31 Thu Mar 2022 | 61.45 | 59.35 | 66.60 | 55.35 | 0.199 times |
| 28 Mon Feb 2022 | 60.55 | 65.75 | 80.00 | 57.65 | 0.922 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 Veejay Laksh (VeejayLaksh)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 26, 25 | Sell |
| MACD | -5, -3 | Sell |
| Stochastics | 22 | Sell |
| CCI | -52 | Sell |
| RSI | 49 | Sell |
| OBV | -8968 | Sell |
| VWAP | 63 | Sell |
| ADL | 0 | Sell |
| ROC | -25 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Veejay Laksh ( (VeejayLaksh) ) 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 Veejay Laksh ( (VeejayLaksh) ) 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 Veejay Laksh ( (VeejayLaksh) ) 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 Veejay Laksh ( (VeejayLaksh) ) 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 Veejay Laksh stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Veejay Laksh in short term and the sell signal is strong.
Veejay Laksh 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Veejay Laksh in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 Veejay Laksh is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 63.01 and Veejay Laksh (VeejayLaksh) 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 Veejay Laksh (VeejayLaksh) stock. Volume based technical analysis of Veejay Laksh (VeejayLaksh) stock is negative.
Veejay Laksh 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.
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