14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LAMBODHARA.NS
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Lambodhara Textiles Limited stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 14, 2024)

Buy or Hold candidate since Jun 10, 2024 Gain 3.46% PDF

The Lambodhara Textiles Limited stock price fell by -1.39% on the last day (Friday, 14th Jun 2024) from ₹157.12 to ₹154.93. During the last trading day the stock fluctuated 4.35% from a day low at ₹154.00 to a day high of ₹160.70. The price has risen in 7 of the last 10 days and is up by 10% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -131 thousand shares and in total, 31 thousand shares were bought and sold for approximately ₹4.82 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Lambodhara Textiles Limited stock with a 90% probability to be traded between ₹130.73 and ₹167.51 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

LAMBODHARA.NS Signals & Forecast

The Lambodhara Textiles Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹151.97 and ₹148.48. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -1.39%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Lambodhara Textiles Limited stock

Lambodhara Textiles Limited finds support from accumulated volume at ₹153.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹6.70 between high and low, or 4.35%. For the last week, the stock has had daily average volatility of 4.83%.

Our recommended stop-loss: ₹148.52 (-4.13%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (LAMBODHARA.NS) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Lambodhara Textiles Limited to open at ₹156.54, and during the day (based on 14 day Average True Range), to move between ₹147.17 and ₹162.69, which gives a possible trading interval of +/-₹7.76 (+/-5.01%) up or down from last closing price. If Lambodhara Textiles Limited takes out the full calculated possible swing range there will be an estimated 10.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹153.85 (0.70%) than the resistance at ₹157.12 (1.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Lambodhara Textiles Limited stock A Buy?

Lambodhara Textiles Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.165 Hold/Accumulate Downgraded

Predicted Opening Price for Lambodhara Textiles Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹156.54 ( 1.04%) ₹154.93

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LAMBODHARA.NS

Fibonacci Support & Resistance Levels

Level Price
R3 163.24 5.37%
R2 160.68 3.71%
R1 159.10 2.69%
Price 154.93
S1 153.98 -0.611%
S2 152.40 -1.63%
S3 149.84 -3.28%

Accumulated Volume Support & Resistance Levels

Level Price
R3 173.45 11.95%
R2 166.90 7.73%
R1 157.12 1.41%
Price 154.93
S1 153.85 -0.697%
S2 153.15 -1.15%
S3 152.25 -1.73%

LAMBODHARA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 14, 2023 Sep 14, 2023 Oct 21, 2023 ₹0.750 0.450%
2 Aug 30, 2022 Aug 30, 2022 Aug 30, 2022 ₹1.50 1.60%
3 Sep 01, 2021 Sep 01, 2021 Sep 01, 2021 ₹1.00 1.22%
4 Sep 18, 2020 Sep 18, 2020 Sep 18, 2020 ₹0.500 1.67%
5 Sep 18, 2019 Sep 18, 2019 Sep 18, 2019 ₹1.00 3.07%

FAQ

What is the symbol for Lambodhara Textiles Limited Stock and on which exchange is it traded?
The symbol for Lambodhara Textiles Limited is LAMBODHARA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Lambodhara Textiles Limited Stock?
Lambodhara Textiles Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Lambodhara Textiles Limited Stock?
Lambodhara Textiles Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Lambodhara Textiles Limited Stock.

What's the current price of Lambodhara Textiles Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Lambodhara Textiles Limited (LAMBODHARA.NS) share was ₹154.93.

What is the 52-week high and low for Lambodhara Textiles Limited Stock?
The 52-week high for Lambodhara Textiles Limited Stock is ₹209.85 and the 52-week low is ₹128.15.

What is the market capitalization of Lambodhara Textiles Limited Stock?
As of the Jun 14, 2024, the market capitalization of Lambodhara Textiles Limited is 1.608B.

When is the next earnings date for Lambodhara Textiles Limited?
The upcoming earnings date for Lambodhara Textiles Limited is Aug 09, 2024.
Click to get the best stock tips daily for free!

About Lambodhara Textiles Limited

Lambodhara Textiles Limited manufactures and sells synthetic yarns in India. It operates through Textile, Wind Mills, and Real Estate segments. The company offers slub, multi count and multi twist, siro, and neppy yarns. It produces yarns using polyester, polyester variants, viscose, modal, excel, and flax as raw materials. The company also exports its products. In addition, it generates electricity through wind mills; and engages in the rental o... LAMBODHARA.NS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT