Is LOKESH MACHINES in uptrend or downtrend?

In the short term price movements in LOKESHMACH share indicates the market has a bullish trend, but it may stay rangebound for some time.

What is LOKESH MACHINES share price forecast for tomorrow?

In Lokesh Machines Limited stock current resistance level is at 197 and support level is at 173. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

What are LOKESH MACHINES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Lokesh Machines Limited in the short-term, the supply zone around 197 and 200. Hence, good chances of resistance around 200. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Lokesh Machines Limited share is around 173 and 170. Hence, good chances for support around 170.

Why is LOKESH MACHINES share price falling today?

Perhaps LOKESHMACH stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

LOKESH MACHINES Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data