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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 2024-12-18 View latest technical analysis

10 day averaged volume of Lumax Industries is 3846

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2474.95	2480.00	2494.80	2430.00	1.027 times
17 Tue Dec 2024	2474.90	2491.60	2497.65	2450.00	0.393 times
16 Mon Dec 2024	2478.55	2448.55	2500.00	2420.05	1.053 times
13 Fri Dec 2024	2429.75	2432.85	2443.95	2400.00	0.507 times
12 Thu Dec 2024	2433.90	2444.65	2460.55	2420.15	0.847 times
11 Wed Dec 2024	2444.65	2407.25	2480.00	2407.25	1.59 times
10 Tue Dec 2024	2396.00	2400.60	2414.50	2369.00	0.798 times
09 Mon Dec 2024	2394.70	2424.75	2461.45	2382.00	0.893 times
06 Fri Dec 2024	2410.20	2420.00	2434.70	2394.10	1.87 times
05 Thu Dec 2024	2436.80	2440.60	2459.50	2410.00	0.892 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2460.7, but if it comes below 2460.7, then a intra day sell could be more profitable.
If you take a sell trade below 2460.7, then use 2460.7 as stoploss and 2378.02 as target. However if you take a buy trade in stock , then use 2460.7 as stoploss and 2559.9 as target.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2286.70
Downside Target	2369.00
Downside Target	2420.05
Upside Target	2480.00
Upside Target	2500.00
Upside Target	2521.00
Upside Target	2538.55
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	2430
Downside Intraday Target	2385.05
Upside Intraday Target	2509.95
Upside Intraday Target	2544.95
Downside Intraday Target	2465

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2474.95	2448.55	2500.00	2420.05	0.534 times
13 Fri Dec 2024	2429.75	2424.75	2480.00	2369.00	0.678 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

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
18 Wed Dec 2024	2474.95	2313.00	2500.00	2286.70	0.285 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 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 losing momentum.

MACD generated a BUY signal for Lumax Industries in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 2435.25 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.