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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 2024-12-23 View latest technical analysis

10 day averaged volume of Lumax Industries is 3080

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	2355.30	2432.80	2432.80	2342.55	0.688 times
20 Fri Dec 2024	2420.05	2479.30	2493.45	2410.00	0.613 times
19 Thu Dec 2024	2480.70	2470.95	2489.80	2438.05	0.51 times
18 Wed Dec 2024	2474.95	2480.00	2494.80	2430.00	1.283 times
17 Tue Dec 2024	2474.90	2491.60	2497.65	2450.00	0.491 times
16 Mon Dec 2024	2478.55	2448.55	2500.00	2420.05	1.315 times
13 Fri Dec 2024	2429.75	2432.85	2443.95	2400.00	0.633 times
12 Thu Dec 2024	2433.90	2444.65	2460.55	2420.15	1.058 times
11 Wed Dec 2024	2444.65	2407.25	2480.00	2407.25	1.986 times
10 Tue Dec 2024	2396.00	2400.60	2414.50	2369.00	0.996 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 2339.5 as stoploss in an intra day buy trade for a target of 2403.9. However, stock will show a bearish move below 2339.5.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2286.70
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	2320.97
Downside Intraday Target	2286.63
Upside Intraday Target	2411.22
Upside Intraday Target	2467.13
Upside Intraday Target	2376.88

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	2355.30	2432.80	2432.80	2342.55	0.163 times
20 Fri Dec 2024	2420.05	2448.55	2500.00	2410.00	0.728 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

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
23 Mon Dec 2024	2355.30	2313.00	2500.00	2286.70	0.315 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Lumax Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Lumax Industries in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

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 and SELL 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 2441.6 and Lumax Industries (LUMAXIND) stock is trading below this level. This means that stock is falling with high volumes. 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.