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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 2024-10-30 View latest technical analysis

10 day averaged volume of Lumax Industries is 6168

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	2443.75	2474.85	2486.85	2430.10	0.346 times
29 Tue Oct 2024	2478.45	2512.45	2512.45	2418.10	0.434 times
28 Mon Oct 2024	2508.25	2350.00	2569.00	2302.55	1.279 times
25 Fri Oct 2024	2351.50	2432.60	2432.60	2339.00	3.732 times
24 Thu Oct 2024	2414.45	2460.00	2460.00	2405.05	0.16 times
23 Wed Oct 2024	2444.20	2433.00	2484.40	2412.35	0.592 times
22 Tue Oct 2024	2500.60	2557.80	2587.50	2490.05	1.292 times
21 Mon Oct 2024	2586.40	2521.00	2609.00	2495.00	1.27 times
18 Fri Oct 2024	2555.15	2604.00	2604.00	2511.85	0.382 times
17 Thu Oct 2024	2589.35	2615.75	2621.40	2541.35	0.227 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2430.1 as stoploss in an intra day buy trade for a target of 2492.46. However, stock will show a bearish move below 2430.1.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2302.55
Downside Target	2391.50
Upside Target	2457.00
Upside Target	2521.00
Upside Target	2621.40
Upside Target	2621.95
Upside Target	2645.50
Upside Target	2770.00
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	2307.87
Downside Intraday Target	2171.98
Upside Intraday Target	2574.32
Upside Intraday Target	2704.88
Downside Intraday Target	2438.43

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	2443.75	2350.00	2569.00	2302.55	0.292 times
25 Fri Oct 2024	2351.50	2521.00	2609.00	2339.00	2.749 times
18 Fri Oct 2024	2555.15	2505.00	2621.40	2457.00	0.859 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

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
30 Wed Oct 2024	2443.75	2608.40	2621.95	2302.55	0.567 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 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 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 Weak and stock is gaining 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lumax Industries in short term and SELL signal is strong!

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 2451.89 and Lumax Industries (LUMAXIND) stock is trading below this level. This means that stock is falling with high volumes. 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.