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(Laxmimach) Laxmimach complete technical analysis [charts+indicators] | Buy/Sell Laxmimach | (Laxmimach) share price targets

Complete technical analysis of Laxmimach (Laxmimach) by charts plus indicators, forecast predictions and share price targets for Laxmimach (Laxmimach)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Laxmimach is 806

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	15925.10	15695.80	16181.00	15600.60	0.6 times
30 Thu May 2024	15566.95	15655.00	15760.45	15479.45	0.514 times
29 Wed May 2024	15656.50	15777.00	15888.00	15590.00	0.728 times
28 Tue May 2024	15777.00	15850.50	16000.00	15710.80	1.44 times
27 Mon May 2024	16458.95	16779.95	16900.00	16337.10	0.629 times
24 Fri May 2024	16715.05	17114.80	17122.60	16456.00	2.743 times
23 Thu May 2024	17030.85	17148.30	17148.30	16986.40	0.533 times
22 Wed May 2024	17086.40	17357.30	17507.70	16995.80	0.803 times
21 Tue May 2024	17272.90	17400.00	17400.00	17022.75	1.156 times
18 Sat May 2024	17206.70	17266.95	17399.00	17192.00	0.045 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16025.6, but if it comes above 16025.6, then a intra day buy could be more profitable.
If you take a sell trade below 16025.6, then use 16025.6 as stoploss and 15431.6 as target. However if you take a buy trade in stock , then use 16025.6 as stoploss and 16520.66 as target.

Share price targets for Laxmimach (Laxmimach)

Target Type	Value
Downside Target	13000.05
Downside Target	13350.20
Downside Target	14393.40
Downside Target	15001.55
Upside Target	16150.20
Upside Target	16900.00
Upside Target	16992.55
Upside Target	17219.95
Upside Target	17449.00
Upside Target	17507.70
Upside Target	17675.00

Intraday share price targets for Laxmimach (Laxmimach)

Target Type	Value
Downside Intraday Target	15303.03
Downside Intraday Target	14680.97
Upside Intraday Target	16723.58
Upside Intraday Target	17522.07
Upside Intraday Target	16101.52

Weekly technical analysis of Laxmimach (Laxmimach)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	15925.10	16779.95	16900.00	15479.45	0.747 times
24 Fri May 2024	16715.05	17400.00	17507.70	16456.00	1.444 times
18 Sat May 2024	17206.70	16300.10	17449.00	16200.00	1.709 times
10 Fri May 2024	16332.70	16992.55	16992.55	16150.20	1.023 times
03 Fri May 2024	16946.90	16662.10	17219.95	16435.00	0.991 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 Laxmimach (Laxmimach)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	15925.10	16800.05	17507.70	15479.45	0.594 times
30 Tue Apr 2024	16902.90	15188.00	17675.00	15184.95	1.092 times
28 Thu Mar 2024	15164.25	14578.90	16666.65	13350.20	2.408 times
29 Thu Feb 2024	14464.85	13749.95	15001.55	13532.60	0.965 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 Laxmimach (Laxmimach)

Price action analysis of Laxmimach ( (Laxmimach) ) 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 Laxmimach ( (Laxmimach) ) 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 Laxmimach ( (Laxmimach) ) 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 Laxmimach ( (Laxmimach) ) 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 Laxmimach stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Laxmimach 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 Laxmimach in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Laxmimach is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16474.23 and Laxmimach (Laxmimach) 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 Laxmimach (Laxmimach) stock. Volume based technical analysis of Laxmimach (Laxmimach) stock is negative.

Laxmimach 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.