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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 2024-01-19 View latest technical analysis

10 day averaged volume of Lakshmi Elec is 5166

Date Daily Closing Price Open High Low Volume
19 Fri Jan 2024 1601.00 1598.75 1617.00 1553.00 0.917 times
18 Thu Jan 2024 1577.10 1444.75 1588.85 1400.00 2.137 times
17 Wed Jan 2024 1438.85 1410.10 1449.75 1410.10 0.528 times
16 Tue Jan 2024 1418.95 1439.95 1455.00 1402.00 0.422 times
15 Mon Jan 2024 1419.80 1405.00 1435.00 1405.00 0.319 times
12 Fri Jan 2024 1407.45 1446.90 1446.90 1379.00 1.974 times
11 Thu Jan 2024 1420.45 1441.75 1474.75 1412.00 2.166 times
10 Wed Jan 2024 1441.75 1498.75 1498.75 1412.65 0.753 times
09 Tue Jan 2024 1485.80 1459.00 1498.50 1458.75 0.391 times
08 Mon Jan 2024 1457.10 1485.55 1485.55 1450.00 0.963 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1586.4, for a target of 1527.8 or 1478.94

Share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Target 1379.00
Downside Target 1537.95
Downside Target 1550.00
Downside Target 1584.00
Upside Target 1610.00
Upside Target 1617.00
Upside Target 1658.20
Upside Target 1690.00
Upside Target 2175.00

Intraday share price targets for Lakshmi Elec (LakshmiElec)

Target Type Value
Downside Intraday Target 1461.67
Downside Intraday Target 1322.33
Upside Intraday Target 1678.67
Upside Intraday Target 1756.33
Downside Intraday Target 1539.33

Weekly technical analysis of Lakshmi Elec (LakshmiElec)

Date Weekly Closing Price Open High Low Volume
19 Fri Jan 2024 1601.00 1405.00 1617.00 1400.00 0.692 times
12 Fri Jan 2024 1407.45 1485.55 1498.75 1379.00 1.933 times
05 Fri Jan 2024 1488.15 1482.05 1537.95 1424.00 2.13 times
29 Fri Dec 2023 1487.15 1500.00 1550.00 1458.80 0.478 times
22 Fri Dec 2023 1483.30 1538.95 1584.00 1440.10 1.574 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 Lakshmi Elec (LakshmiElec)

Date Monthly Closing Price Open High Low Volume
19 Fri Jan 2024 1601.00 1482.05 1617.00 1379.00 1.553 times
29 Fri Dec 2023 1487.15 1572.05 1610.00 1440.10 0.799 times
30 Thu Nov 2023 1593.75 1651.65 1690.00 1503.90 0.44 times
31 Tue Oct 2023 1651.65 1598.90 2175.00 1483.50 2.187 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lakshmi Elec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lakshmi Elec in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 1473.47 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short 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.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lakshmi Elec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lakshmi Elec in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 1473.47 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

Click here for Lakshmi Elec charts

Click here for further forecast and predictions for tomorrow

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