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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 2024-11-29 View latest technical analysis

10 day averaged volume of Lumax Industries is 17061

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	2305.70	2298.10	2313.00	2281.00	0.311 times
28 Thu Nov 2024	2291.10	2260.00	2303.90	2260.00	0.385 times
27 Wed Nov 2024	2281.55	2290.00	2290.00	2260.65	0.356 times
26 Tue Nov 2024	2287.85	2247.00	2289.90	2237.60	0.36 times
25 Mon Nov 2024	2271.80	2254.75	2284.75	2207.95	0.18 times
22 Fri Nov 2024	2238.00	2228.00	2280.00	2225.00	0.804 times
21 Thu Nov 2024	2228.60	2200.00	2249.80	2155.85	0.239 times
19 Tue Nov 2024	2194.55	2201.65	2277.30	2171.00	0.652 times
18 Mon Nov 2024	2223.85	2228.00	2289.95	2200.00	0.366 times
14 Thu Nov 2024	2285.05	2290.00	2329.95	2241.00	3.269 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 2247.9 as stoploss in an intra day buy trade for a target of 2377.79. However, stock will show a bearish move below 2247.9.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2289.95
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	2238.1
Downside Intraday Target	2170.5
Upside Intraday Target	2343.15
Upside Intraday Target	2380.6
Downside Intraday Target	2275.55

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	2305.70	2254.75	2313.00	2207.95	0.772 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
29 Fri Nov 2024	2305.70	2462.00	2591.95	2155.85	1.627 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, and volume has increased substantially. This means that the move can 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 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 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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 2266.75 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 is giving positive 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.