Stock analysis Lakshmi Machine Works Limited LAXMIMACH
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Recent prices of LAXMIMACH Lakshmi Machine Works Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Wed Oct 2024 | 17324.60 | 17070.00 to 17876.95 | 2% | 1.19 times |
| 08 Tue Oct 2024 | 16984.55 | 16881.00 to 17719.30 | -1.78% | 0.71 times |
| 07 Mon Oct 2024 | 17292.85 | 17000.00 to 17900.00 | -1.67% | 0.83 times |
| 04 Fri Oct 2024 | 17585.80 | 17506.20 to 18147.95 | -1.02% | 0.58 times |
| 03 Thu Oct 2024 | 17766.45 | 17619.45 to 18343.05 | -2.82% | 0.61 times |
| 01 Tue Oct 2024 | 18282.15 | 18062.00 to 18650.00 | -0.76% | 1.27 times |
| 30 Mon Sep 2024 | 18421.30 | 17680.60 to 18598.15 | 2.82% | 2.18 times |
| 27 Fri Sep 2024 | 17916.85 | 16239.00 to 19199.95 | 10.01% | 3.15 times |
| 26 Thu Sep 2024 | 16287.15 | 16250.00 to 16507.50 | -1.19% | 0.21 times |
| 25 Wed Sep 2024 | 16482.80 | 16250.00 to 16620.00 | 0.18% | 0.25 times |
| 24 Tue Sep 2024 | 16453.15 | 16236.05 to 16500.00 | 0.13% | 0.22 times |
| 23 Mon Sep 2024 | 16431.50 | 15602.00 to 16500.00 | 5.32% | 0.74 times |
Technical analysis forecast of Lakshmi Machine Works Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Lakshmi Machine Works Limited LAXMIMACH at this time. Stock is rising and might rise more.
It appears as if Lakshmi Machine Works Limited LAXMIMACH gave a large move recently.
Stock of Lakshmi Machine Works Limited (LAXMIMACH) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Lakshmi Machine Works Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17695.3 as stoploss in an intra day sell trade for a target of 16894.21. However, stock will show a bullish move above 17695.3.