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(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 2024-10-14 View latest technical analysis

10 day averaged volume of Lumax Industries is 6322

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	2551.20	2505.00	2560.00	2457.00	0.921 times
11 Fri Oct 2024	2466.90	2480.20	2507.75	2444.65	0.49 times
10 Thu Oct 2024	2461.75	2490.75	2502.30	2452.80	0.379 times
09 Wed Oct 2024	2471.80	2498.40	2530.00	2463.75	0.345 times
08 Tue Oct 2024	2480.25	2396.85	2499.00	2396.85	0.962 times
07 Mon Oct 2024	2433.35	2493.10	2519.00	2391.50	0.736 times
04 Fri Oct 2024	2478.10	2484.00	2549.95	2462.35	1.179 times
03 Thu Oct 2024	2480.60	2585.40	2585.40	2472.00	1.346 times
01 Tue Oct 2024	2567.50	2608.40	2621.95	2550.00	1.157 times
30 Mon Sep 2024	2590.25	2600.45	2645.50	2538.55	1.597 times

My analysis of stock is bearish for shortterm, and stock might move down till 2485.6 or till 2337.7. Use a stoploss of 2608.94 and if the stock hits stoploss, then it can shoot up till 2732.25

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2306.10
Downside Target	2391.50
Downside Target	2457.00
Downside Target	2521.00
Upside Target	2621.95
Upside Target	2770.00
Upside Target	2796.15
Upside Target	2800.00
Upside Target	2955.00
Upside Target	2995.00
Upside Target	3018.00
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2485.47
Downside Intraday Target	2419.73
Upside Intraday Target	2588.47
Upside Intraday Target	2625.73
Downside Intraday Target	2522.73

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	2551.20	2505.00	2560.00	2457.00	0.316 times
11 Fri Oct 2024	2466.90	2493.10	2530.00	2391.50	0.552 times
04 Fri Oct 2024	2478.10	2600.45	2645.50	2462.35	0.836 times
27 Fri Sep 2024	2600.45	2783.90	2800.00	2565.05	1.327 times
20 Fri Sep 2024	2769.00	2749.35	2796.15	2673.70	0.626 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
14 Mon Oct 2024	2551.20	2608.40	2621.95	2391.50	0.237 times
30 Mon Sep 2024	2590.25	2922.30	2995.00	2538.55	0.619 times
30 Fri Aug 2024	2922.30	2908.50	2955.00	2521.00	2.228 times
31 Wed Jul 2024	2886.20	2800.00	3018.00	2770.00	0.472 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Lumax Industries in short term and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Lumax Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 Lumax Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2511.96 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.