Stock analysis Laxmi Dental Limited LAXMIDENTL

More indepth analysis on MunafaSutra.com

Moving Averages for Laxmi Dental Limited

5Day Average: 360.55
12Day Average: 386.97
20Day Average: 426.71

LAXMIDENTL Indicators & signals

Recent prices of LAXMIDENTL Laxmi Dental Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
25 Tue Feb 2025	349.80	345.20 to 354.55	0.21%	0.42 times
24 Mon Feb 2025	349.05	343.75 to 360.00	-3.16%	0.38 times
21 Fri Feb 2025	360.45	354.35 to 388.70	-4.42%	0.5 times
20 Thu Feb 2025	377.10	362.15 to 384.75	2.93%	0.74 times
19 Wed Feb 2025	366.35	344.65 to 374.00	4.36%	1.06 times
18 Tue Feb 2025	351.05	344.30 to 374.55	-5.59%	0.99 times
17 Mon Feb 2025	371.85	358.20 to 379.90	-2.95%	2.22 times
14 Fri Feb 2025	383.15	378.05 to 432.80	-8.75%	1.93 times
13 Thu Feb 2025	419.90	415.10 to 436.15	-2.05%	0.47 times
12 Wed Feb 2025	428.70	411.40 to 439.80	-1.57%	1.02 times
11 Tue Feb 2025	435.55	430.10 to 454.00	-3.35%	0.68 times
10 Mon Feb 2025	450.65	448.05 to 470.00	-4.48%	0.84 times

Technical analysis forecast for Laxmi Dental Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Laxmi Dental Limited LAXMIDENTL at this time. Stock is falling and might fall more.

It appears as if Laxmi Dental Limited LAXMIDENTL gave a large move recently.

Stock of Laxmi Dental Limited (LAXMIDENTL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Laxmi Dental Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Laxmi Dental Limited stays below 363.6, but if it comes above 363.6, then a intra day buy could be more profitable.
If you take a sell trade below 363.6, then use 363.6 as stoploss and 296.5 as target. However if you take a buy trade in Laxmi Dental Limited, then use 363.6 as stoploss and 419.57 as target.

More indepth analysis on MunafaSutra.com