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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 2024-12-26 View latest technical analysis

10 day averaged volume of Lumax Industries is 2760

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	2384.40	2400.80	2400.80	2371.05	0.388 times
24 Tue Dec 2024	2388.25	2367.70	2399.90	2352.80	0.428 times
23 Mon Dec 2024	2355.30	2432.80	2432.80	2342.55	0.768 times
20 Fri Dec 2024	2420.05	2479.30	2493.45	2410.00	0.684 times
19 Thu Dec 2024	2480.70	2470.95	2489.80	2438.05	0.57 times
18 Wed Dec 2024	2474.95	2480.00	2494.80	2430.00	1.432 times
17 Tue Dec 2024	2474.90	2491.60	2497.65	2450.00	0.548 times
16 Mon Dec 2024	2478.55	2448.55	2500.00	2420.05	1.467 times
13 Fri Dec 2024	2429.75	2432.85	2443.95	2400.00	0.706 times
12 Thu Dec 2024	2433.90	2444.65	2460.55	2420.15	1.18 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 2362.5 as stoploss in an intra day buy trade for a target of 2414.07. However, stock will show a bearish move below 2362.5.

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	2340.37
Downside Intraday Target	2296.33
Upside Intraday Target	2430.62
Upside Intraday Target	2476.83
Upside Intraday Target	2386.58

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	2384.40	2432.80	2432.80	2342.55	0.337 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
26 Thu Dec 2024	2384.40	2313.00	2500.00	2286.70	0.327 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Lumax Industries in short term and the sell signal is strong.

Lumax Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Lumax Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2441.47 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.