Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-09 View latest technical analysis

10 day averaged volume of Lumax Industries is 5347

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2394.70	2424.75	2461.45	2382.00	0.642 times
06 Fri Dec 2024	2410.20	2420.00	2434.70	2394.10	1.345 times
05 Thu Dec 2024	2436.80	2440.60	2459.50	2410.00	0.642 times
04 Wed Dec 2024	2440.60	2460.95	2463.95	2421.00	0.832 times
03 Tue Dec 2024	2448.70	2400.75	2499.00	2376.40	0.98 times
02 Mon Dec 2024	2392.10	2313.00	2399.85	2286.70	1.119 times
29 Fri Nov 2024	2305.70	2298.10	2313.00	2281.00	0.991 times
28 Thu Nov 2024	2291.10	2260.00	2303.90	2260.00	1.23 times
27 Wed Nov 2024	2281.55	2290.00	2290.00	2260.65	1.137 times
26 Tue Nov 2024	2287.85	2247.00	2289.90	2237.60	1.148 times

My analysis of stock is bullish for shortterm, and stock might move up till 2451.2 or till 2574.3. Use a stoploss of 2348.57 and if this stock hits its stoploss, then it can fall down till 2245.98

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2286.70
Downside Target	2382.00
Upside Target	2461.45
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	2363.98
Downside Intraday Target	2333.27
Upside Intraday Target	2443.43
Upside Intraday Target	2492.17
Upside Intraday Target	2412.72

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2394.70	2424.75	2461.45	2382.00	0.131 times
06 Fri Dec 2024	2410.20	2313.00	2499.00	2286.70	0.968 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

Price has moved down 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
09 Mon Dec 2024	2394.70	2313.00	2499.00	2286.70	0.158 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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

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 2361.82 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.