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(DhanlxmiFab) Dhanlxmi Fab complete technical analysis [charts+indicators] | Buy/Sell Dhanlxmi Fab | (DhanlxmiFab) share price targets

Complete technical analysis of Dhanlxmi Fab (DhanlxmiFab) by charts plus indicators, forecast predictions and share price targets for Dhanlxmi Fab (DhanlxmiFab)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Dhanlxmi Fab is 2853

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	74.43	74.43	74.43	74.43	0.64 times
05 Fri Apr 2024	70.89	70.89	70.89	70.89	1.811 times
04 Thu Apr 2024	67.52	67.52	67.52	67.52	2.346 times
03 Wed Apr 2024	61.39	61.35	61.39	60.50	3.094 times
02 Tue Apr 2024	55.81	52.21	55.90	51.20	0.272 times
01 Mon Apr 2024	51.21	52.50	52.50	51.16	0.192 times
28 Thu Mar 2024	51.16	51.10	53.95	50.71	0.042 times
27 Wed Mar 2024	52.37	53.00	53.00	51.00	0.489 times
26 Tue Mar 2024	52.00	52.40	52.40	52.00	0.501 times
22 Fri Mar 2024	52.22	52.00	54.11	52.00	0.864 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 71, for a target of 63.1 or 56.48

Share price targets for Dhanlxmi Fab (DhanlxmiFab)

Target Type	Value
Downside Target	44.87
Downside Target	50.10
Downside Target	53.29
Downside Target	56.45
Downside Target	57.89
Downside Target	63.20
Downside Target	63.94
Downside Target	66.00
Downside Target	70.89
Downside Target	74.43

Intraday share price targets for Dhanlxmi Fab (DhanlxmiFab)

Target Type	Value
Downside Intraday Target	74.43
Downside Intraday Target	74.43
Downside Intraday Target	74.43
Downside Intraday Target	74.43
Downside Intraday Target	74.43

Weekly technical analysis of Dhanlxmi Fab (DhanlxmiFab)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	74.43	74.43	74.43	74.43	0.083 times
05 Fri Apr 2024	70.89	52.50	70.89	51.16	7.47 times
28 Thu Mar 2024	51.16	52.40	53.95	50.71	0.553 times
22 Fri Mar 2024	52.22	54.40	56.45	52.00	1.179 times
15 Fri Mar 2024	54.33	57.06	57.89	50.65	0.68 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Dhanlxmi Fab (DhanlxmiFab)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	74.43	52.50	74.43	51.16	1.071 times
28 Thu Mar 2024	51.16	59.60	63.20	50.65	0.365 times
29 Thu Feb 2024	57.74	59.00	63.94	53.29	0.586 times
31 Wed Jan 2024	59.16	53.60	66.00	50.10	1.274 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Dhanlxmi Fab (DhanlxmiFab)

Price action analysis of Dhanlxmi Fab ( (DhanlxmiFab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dhanlxmi Fab ( (DhanlxmiFab) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dhanlxmi Fab ( (DhanlxmiFab) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Dhanlxmi Fab stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Dhanlxmi Fab in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dhanlxmi Fab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dhanlxmi Fab in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dhanlxmi Fab is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.24 and Dhanlxmi Fab (DhanlxmiFab) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Dhanlxmi Fab (DhanlxmiFab) stock. Volume based technical analysis of Dhanlxmi Fab (DhanlxmiFab) stock is negative.

Dhanlxmi Fab Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.