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(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 2024-02-23 View latest technical analysis

10 day averaged volume of Veejay Laksh is 8677

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	47.55	48.99	48.99	47.50	0.062 times
22 Thu Feb 2024	47.83	51.00	51.00	47.50	6.021 times
21 Wed Feb 2024	50.00	50.25	53.00	49.11	0.179 times
20 Tue Feb 2024	51.22	50.21	51.96	50.00	0.188 times
19 Mon Feb 2024	52.20	52.89	52.89	49.00	0.222 times
16 Fri Feb 2024	50.41	48.02	50.42	48.02	0.279 times
15 Thu Feb 2024	48.02	49.99	49.99	48.02	0.048 times
14 Wed Feb 2024	49.35	45.30	51.92	45.30	0.479 times
13 Tue Feb 2024	48.40	50.00	52.00	48.40	1.023 times
12 Mon Feb 2024	53.77	63.00	63.00	53.77	0.483 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.7, but if it comes above 47.7, then a intra day buy could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 41.8 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 52.53 as target.

Share price targets for Veejay Laksh (VeejayLaksh)

Target Type	Value
Downside Target	34.30
Downside Target	39.15
Downside Target	42.99
Downside Target	44.61
Downside Target	47.50
Upside Target	48.90
Upside Target	51.72
Upside Target	53.00
Upside Target	54.50
Upside Target	57.50
Upside Target	63.00
Upside Target	67.96

Intraday share price targets for Veejay Laksh (VeejayLaksh)

Target Type	Value
Downside Intraday Target	45.7
Downside Intraday Target	43.85
Upside Intraday Target	51.2
Upside Intraday Target	54.85
Upside Intraday Target	49.35

Weekly technical analysis of Veejay Laksh (VeejayLaksh)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	47.55	52.89	53.00	47.50	2.886 times
16 Fri Feb 2024	50.41	63.00	63.00	45.30	0.31 times
09 Fri Feb 2024	59.74	51.72	67.96	51.72	4.835 times
02 Fri Feb 2024	51.72	48.00	54.50	46.00	4.858 times
25 Thu Jan 2024	46.98	48.90	48.90	45.50	0.299 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Veejay Laksh (VeejayLaksh)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	47.55	53.65	67.96	45.30	2.976 times
31 Wed Jan 2024	51.11	47.00	52.24	44.61	1.751 times
29 Fri Dec 2023	46.45	46.99	49.65	42.99	0.579 times
30 Thu Nov 2023	46.09	44.70	51.90	39.15	0.282 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Veejay Laksh (VeejayLaksh)

Price action analysis of Veejay Laksh ( (VeejayLaksh) ) based on a short 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 Veejay Laksh ( (VeejayLaksh) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 Veejay Laksh stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Veejay Laksh in short term but the sell signal is initial and weak.

Veejay Laksh 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 Veejay Laksh in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Veejay Laksh is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.6 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.