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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 2024-12-05 View latest technical analysis

10 day averaged volume of Lumax Industries is 6065

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2436.80	2440.60	2459.50	2410.00	0.566 times
04 Wed Dec 2024	2440.60	2460.95	2463.95	2421.00	0.733 times
03 Tue Dec 2024	2448.70	2400.75	2499.00	2376.40	0.864 times
02 Mon Dec 2024	2392.10	2313.00	2399.85	2286.70	0.987 times
29 Fri Nov 2024	2305.70	2298.10	2313.00	2281.00	0.874 times
28 Thu Nov 2024	2291.10	2260.00	2303.90	2260.00	1.084 times
27 Wed Nov 2024	2281.55	2290.00	2290.00	2260.65	1.003 times
26 Tue Nov 2024	2287.85	2247.00	2289.90	2237.60	1.012 times
25 Mon Nov 2024	2271.80	2254.75	2284.75	2207.95	0.507 times
22 Fri Nov 2024	2238.00	2228.00	2280.00	2225.00	2.262 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2482.3 as stoploss in an intra day sell trade for a target of 2363.48. However, stock will show a bullish move above 2482.3.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2286.70
Upside Target	2460.00
Upside Target	2521.00
Upside Target	2538.55
Upside Target	2560.00
Upside Target	2591.95
Upside Target	2621.95
Upside Target	2955.00
Upside Target	2995.00

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2316
Downside Intraday Target	2195.2
Upside Intraday Target	2528.3
Upside Intraday Target	2619.8
Downside Intraday Target	2407.5

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2436.80	2313.00	2499.00	2286.70	0.703 times
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

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
05 Thu Dec 2024	2436.80	2313.00	2499.00	2286.70	0.102 times
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

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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

Although the stock is in the BUY zone, but buying 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 2321.21 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 rising upwards.

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.