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Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-09-05 20:36
Overall Technical outlook
Price Summary
With a -2.06% drop, Laxmi Organic Industries Limited enjoyed a lacklustre day in the stock market. On 2025-09-05, Laxmi Organic Industries Limited's stock opened at 214.99, peaked at 216.96, hit a low of 209.29, and closed -2.06% down at 210.56, with 302088 shares changing hands. The top price for the stock in the last 52 weeks is 318.85, with the bottom price being 165.92. The expected price range is between 179.0 and 247.0, with a mean anticipated price of 204.25, according to 4 analysts.
Technicals
Support and Resistance: The price currently sits at 210.56, finding support at 200.53 and resistance at 211.4. These levels define a range for Laxmi Organic Industries Limited where the price may move, with 200.53 offering a base and 211.4 limiting upward momentum. Support/Resistance for LXCHEM
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Laxmi Organic Industries Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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