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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 2024-11-25 View latest technical analysis

10 day averaged volume of Lumax Industries is 15419

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2271.80	2254.75	2284.75	2207.95	0.199 times
22 Fri Nov 2024	2238.00	2228.00	2280.00	2225.00	0.89 times
21 Thu Nov 2024	2228.60	2200.00	2249.80	2155.85	0.265 times
19 Tue Nov 2024	2194.55	2201.65	2277.30	2171.00	0.722 times
18 Mon Nov 2024	2223.85	2228.00	2289.95	2200.00	0.405 times
14 Thu Nov 2024	2285.05	2290.00	2329.95	2241.00	3.617 times
13 Wed Nov 2024	2302.20	2369.95	2416.80	2281.00	3.747 times
12 Tue Nov 2024	2459.40	2534.45	2556.90	2441.20	0.133 times
11 Mon Nov 2024	2538.45	2527.20	2560.00	2511.10	0.084 times
08 Fri Nov 2024	2540.25	2544.85	2549.00	2512.00	0.049 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2282, but if it comes above 2282, then a intra day buy could be more profitable.
If you take a sell trade below 2282, then use 2282 as stoploss and 2130 as target. However if you take a buy trade in stock , then use 2282 as stoploss and 2408.57 as target.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Upside Target	2460.00
Upside Target	2521.00
Upside Target	2569.00
Upside Target	2591.95
Upside Target	2621.95
Upside Target	2770.00
Upside Target	2955.00
Upside Target	2995.00
Upside Target	3018.00

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2224.92
Downside Intraday Target	2178.03
Upside Intraday Target	2301.72
Upside Intraday Target	2331.63
Downside Intraday Target	2254.83

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2271.80	2254.75	2284.75	2207.95	0.087 times
22 Fri Nov 2024	2238.00	2228.00	2289.95	2155.85	0.301 times
14 Thu Nov 2024	2285.05	2527.20	2560.00	2241.00	14.746 times
08 Fri Nov 2024	2540.25	2510.00	2591.95	2460.00	0.512 times
01 Fri Nov 2024	2502.95	2350.00	2569.00	2302.55	0.357 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
25 Mon Nov 2024	2271.80	2462.00	2591.95	2155.85	1.419 times
31 Thu Oct 2024	2467.35	2608.40	2621.95	2302.55	0.576 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

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 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 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 gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term and selling is picking up 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 2282.27 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.