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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 2024-11-26 View latest technical analysis

10 day averaged volume of Lumax Industries is 15593

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	2287.85	2247.00	2289.90	2237.60	0.394 times
25 Mon Nov 2024	2271.80	2254.75	2284.75	2207.95	0.197 times
22 Fri Nov 2024	2238.00	2228.00	2280.00	2225.00	0.88 times
21 Thu Nov 2024	2228.60	2200.00	2249.80	2155.85	0.262 times
19 Tue Nov 2024	2194.55	2201.65	2277.30	2171.00	0.714 times
18 Mon Nov 2024	2223.85	2228.00	2289.95	2200.00	0.401 times
14 Thu Nov 2024	2285.05	2290.00	2329.95	2241.00	3.577 times
13 Wed Nov 2024	2302.20	2369.95	2416.80	2281.00	3.705 times
12 Tue Nov 2024	2459.40	2534.45	2556.90	2441.20	0.132 times
11 Mon Nov 2024	2538.45	2527.20	2560.00	2511.10	0.083 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 2276.6 as stoploss in an intra day buy trade for a target of 2405.39. However, stock will show a bearish move below 2276.6.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Upside Target	2289.90
Upside Target	2460.00
Upside Target	2521.00
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	2233.9
Downside Intraday Target	2179.95
Upside Intraday Target	2315.85
Upside Intraday Target	2343.85
Downside Intraday Target	2261.9

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	2287.85	2254.75	2289.90	2207.95	0.262 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
26 Tue Nov 2024	2287.85	2462.00	2591.95	2155.85	1.472 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 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 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 2281.27 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.