LAXMIMACH NEWS why is Lakshmi Machine Works Limited price falling or rising

LAXMIMACH NEWS reasons for why stock price of Lakshmi Machine Works Limited is falling or rising

LAXMIMACH Lakshmi Machine is falling or rising technical reasons

Technical analysis forecast of Lakshmi Machine 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 LAXMIMACH at this time. Stock is rising and might rise more.

It appears as if Lakshmi Machine LAXMIMACH gave a large move recently.

Stock of Lakshmi Machine (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 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.

LAXMIMACH Lakshmi Machine is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-10-07

Board Meeting to discuss Financial Results To consider and approve the Unaudited Financial results of the Company for the quarter and half year ended 30th September 2024 . - NEWS as on 2024-09-30

Company Announcement Lakshmi Machine Works Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-09-23

Company Announcement Lakshmi Machine Works Limited has informed the Exchange regarding Declaration of results on the voting on the Resolution set out in the Postal Ballot Notice dated 31st July 2024. - NEWS as on 2024-09-13

Company Announcement Lakshmi Machine Works Limited has informed the Exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding - NEWS as on 2024-08-22

Company Announcement Lakshmi Machine Works Limited has informed the Exchange regarding intimation of receipt of order passed by the Assistant Commissioner State Tax Intelligence, Coimbatore, Tamil Nadu. - NEWS as on 2024-08-21

Company Announcement Lakshmi Machine Works Limited has informed the Exchange about a Copy of Newspaper Publication of the Notice of Postal Ballot / E-voting published in Financial Express (English) and Hindu Tamil (Tamil) on 14th August 2024. - NEWS as on 2024-08-14

More announcements and NEWS

LAXMIMACH Lakshmi Machine Works Limited current price & indicator signals

Moving Averages for Lakshmi Machine Works Limited

  • 5Day Average: 17390.85
  • 12Day Average: 17269.1
  • 20Day Average: 16817.56
  • 50Day Average: 15856.42
  • 100Day Average: 15978.02
  • 150Day Average: 16004.78
  • 200Day Average: 15491.38

LAXMIMACH Indicators & signals

Indicator MACD (12,26,9)

17186.16, 16714.14, 467.32
Indicator MACD is in positive zone

Indicator ADX (14)

28.82, 26.78, 14.8
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

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

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LAXMIMACH NEWS why is Lakshmi Machine Works Limited price falling or rising

 

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