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Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-10-17 20:45
Overall Technical outlook
Price Summary
Laxmi Organic Industries Limited's stock slid -3.28% today, reflecting an poornding market day. Laxmi Organic Industries Limited's stock started trading at 208.5 on 2025-10-17, climbed to 208.5, fell to 200.35, and closed -3.28% down at 201.67, with 389369 shares traded. Over the course of 52 weeks, the stock peaked at 280.3 and hit a low of 165.92. As per recommendations from 3 analysts, LXCHEM's future price is expected to span between 179.0 and 206.0, with a mean price around 190.0.
Technicals
Support and Resistance: The price of 201.67 is supported at 200.53 and encounters resistance at 211.4. This suggests key levels where the price might find stability, with 200.53 providing a base and 211.4 acting as an upper boundary for LXCHEM. Support/Resistance for LXCHEM
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Laxmi Organic Industries Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR has recently reversed direction from bullish to bearish, indicating a potential trend change. If supported by other market trends, this could be a very bearish signal. Investors should consider this shift carefully and look for further confirmation before acting. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while remaining below 20, generally considered the start of a bullish move. This pattern suggests that the market may be in the initial phase of a recovery, potentially leading to an uptrend. Traders could view this as a signal for potential gains for LXCHEM. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Laxmi Organic Industries Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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