LYKALABS NEWS why is Lyka Labs Limited price falling or rising

LYKALABS NEWS reasons for why stock price of Lyka Labs Limited is falling or rising

LYKALABS Lyka Labs is falling or rising technical reasons

Technical analysis forecast of Lyka Labs 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 Lyka Labs LYKALABS at this time. Stock is rising and might rise more.

It appears as if Lyka Labs LYKALABS gave a large move recently.

Stock of Lyka Labs (LYKALABS) 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 Lyka Labs is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 129.6 as stoploss in an intra day sell trade for a target of 121.33. However, stock will show a bullish move above 129.6.

LYKALABS Lyka Labs is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-18

Ipca Laboratories hikes stake in Lyka Labs Through conversion of warrants - NEWS as on 2024-04-17 business-standard.com

Company Announcement Lyka Labs Limited has informed the Exchange regarding Board meeting held on April 16, 2024. - NEWS as on 2024-04-16

Board Meeting to discuss Other business matters The meeting of the Board of Directors of the Company is schedule to be held on Tuesday, 16th April 2024 at 12:30 p.m. (IST) through Video Conferencing, inter alia: to allot and issue 26,00,000 Equity Shares upon conversion of 26,00,0 - NEWS as on 2024-04-09

Company Announcement Ipca Laboratories Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-04

Company Announcement Lyka Labs Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Company Announcement Lyka Labs Limited has submitted the Exchange a copy Srutinizers report of Court Convened General Meeting held on February 20, 2024. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2024-02-22

More announcements and NEWS

LYKALABS Lyka Labs Limited current price & indicator signals

Moving Averages for Lyka Labs Limited

  • 5Day Average: 126.16
  • 12Day Average: 123.43
  • 20Day Average: 117.72
  • 50Day Average: 121.12
  • 100Day Average: 119.35
  • 150Day Average: 117.19
  • 200Day Average: 114.26

LYKALABS Indicators & signals

Indicator MACD (12,26,9)

123.53, 120.63, 1.27
Indicator MACD is in positive zone

Indicator ADX (14)

30.43, 31.09, 16.58
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LYKALABS Lyka Labs Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 128.85 125.00 to 131.00 0.04% 0.51 times
18 Thu Apr 2024 128.80 125.50 to 134.40 2.43% 2.64 times
16 Tue Apr 2024 125.75 122.00 to 128.50 2.15% 0.59 times
15 Mon Apr 2024 123.10 118.20 to 123.90 -0.97% 0.35 times
12 Fri Apr 2024 124.30 124.15 to 128.15 -2.43% 0.37 times
10 Wed Apr 2024 127.40 126.30 to 131.30 -2% 0.58 times
09 Tue Apr 2024 130.00 126.45 to 132.00 3.75% 1.42 times
08 Mon Apr 2024 125.30 124.10 to 131.40 2.49% 2.09 times
05 Fri Apr 2024 122.25 116.85 to 123.50 5.16% 1.21 times
04 Thu Apr 2024 116.25 113.60 to 117.90 -0.3% 0.2 times
03 Wed Apr 2024 116.60 111.95 to 118.00 3.55% 0.55 times
02 Tue Apr 2024 112.60 111.80 to 114.40 0.13% 0.22 times

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