Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LUMAXIND) Lumax Industries complete technical analysis [charts+indicators] | Buy/Sell Lumax Industries | (LUMAXIND) share price targets

Complete technical analysis of Lumax Industries (LUMAXIND) by charts plus indicators, forecast predictions and share price targets for Lumax Industries (LUMAXIND)

Lumax Industries trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Lumax Industries is 10701

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2298.60	2317.00	2329.60	2282.00	0.361 times
18 Mon Mar 2024	2331.25	2292.85	2351.85	2249.95	1.033 times
15 Fri Mar 2024	2292.85	2199.95	2374.85	2199.95	3.382 times
14 Thu Mar 2024	2165.50	2185.95	2222.90	2130.00	0.65 times
13 Wed Mar 2024	2198.95	2246.35	2272.00	2170.00	0.897 times
12 Tue Mar 2024	2229.60	2275.65	2320.00	2200.10	1.456 times
11 Mon Mar 2024	2258.70	2319.30	2319.30	2248.00	0.585 times
07 Thu Mar 2024	2302.05	2331.25	2341.35	2285.00	0.658 times
06 Wed Mar 2024	2313.45	2376.45	2376.45	2280.10	0.539 times
05 Tue Mar 2024	2376.45	2398.40	2421.90	2362.70	0.138 times

My analysis of stock is bearish for shortterm, and stock might move down till 2256.2 or till 2178.2. Use a stoploss of 2321.22 and if the stock hits stoploss, then it can shoot up till 2386.23

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2121.00
Downside Target	2174.75
Downside Target	2249.95
Upside Target	2415.50
Upside Target	2434.00
Upside Target	2520.00
Upside Target	2565.45
Upside Target	2793.85
Upside Target	2798.95
Upside Target	2842.70

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2248.42
Downside Intraday Target	2198.23
Upside Intraday Target	2350.32
Upside Intraday Target	2402.03
Upside Intraday Target	2300.13

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2298.60	2292.85	2351.85	2249.95	0.2 times
15 Fri Mar 2024	2292.85	2319.30	2374.85	2130.00	3.49 times
07 Thu Mar 2024	2302.05	2368.00	2434.00	2280.10	0.917 times
02 Sat Mar 2024	2373.65	2350.00	2415.50	2261.75	0.427 times
23 Fri Feb 2024	2350.10	2392.65	2520.00	2306.70	0.67 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 Lumax Industries (LUMAXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2298.60	2330.55	2434.00	2130.00	0.53 times
29 Thu Feb 2024	2312.95	2478.50	2565.45	2174.75	1.212 times
31 Wed Jan 2024	2459.40	2464.00	2842.70	2352.00	1.224 times
29 Fri Dec 2023	2479.75	2754.90	2793.85	2398.00	0.38 times

Scroll below to view daily charts

Price has moved down 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 Lumax Industries (LUMAXIND)

Price action analysis of Lumax Industries ( (LUMAXIND) ) 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 Lumax Industries ( (LUMAXIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Lumax Industries ( (LUMAXIND) ) 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 Lumax Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Lumax Industries in short term but the buy signal is initial and weak.

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

Lumax Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lumax Industries in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Lumax Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2271.34 and Lumax Industries (LUMAXIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Lumax Industries (LUMAXIND) stock. Volume based technical analysis of Lumax Industries (LUMAXIND) stock is negative.

Lumax Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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