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Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-07-16 20:44
Overall Technical outlook
Price Summary
With a 2.74% rise, Laxmi Organic Industries Limited enjoyed a stellar day in the stock market. On 2025-07-16, Laxmi Organic Industries Limited's stock began at 197.3, peaked at 203.75, bottomed at 196.21, and closed 2.74% higher at 202.71, with a volume of 1282514 shares. The stock reached its highest price of 318.85 and its lowest price of 165.92 during the 52-week period. The future price of LXCHEM is projected to range from 172.0 to 247.0, with an average expected price of 205.0, according to 4 analysts.
Technicals
Support and Resistance: The price of 202.71 is supported at 200.53 and faces resistance at 211.26. This range suggests key levels for LXCHEM where the price may stabilize, with 200.53 acting as a support and 211.26 as a cap on gains. Support/Resistance for LXCHEM
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: In the latest price action for LXCHEM, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure has intensified, driving the price beyond its typical range. Traders often view this as a positive signal, suggesting that the market might continue to rise as momentum builds. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR has just reversed for LXCHEM from bearish to bullish, which could signal a trend change. When interpreted alongside other indicators, this reversal may indicate a strong bullish trend if supported by broader market movements. Investors should look for additional confirmation from other indicators before making decisions. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Laxmi Organic Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Laxmi Organic Industries Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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