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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 2024-12-31 View latest technical analysis

10 day averaged volume of Lumax Industries is 2131

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	2325.95	2307.90	2350.00	2293.35	0.519 times
30 Mon Dec 2024	2307.90	2388.20	2388.20	2300.15	1.168 times
27 Fri Dec 2024	2375.65	2362.70	2389.95	2350.00	0.694 times
26 Thu Dec 2024	2384.40	2400.80	2400.80	2371.05	0.503 times
24 Tue Dec 2024	2388.25	2367.70	2399.90	2352.80	0.555 times
23 Mon Dec 2024	2355.30	2432.80	2432.80	2342.55	0.995 times
20 Fri Dec 2024	2420.05	2479.30	2493.45	2410.00	0.885 times
19 Thu Dec 2024	2480.70	2470.95	2489.80	2438.05	0.738 times
18 Wed Dec 2024	2474.95	2480.00	2494.80	2430.00	1.854 times
17 Tue Dec 2024	2474.90	2491.60	2497.65	2450.00	0.71 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2309.3, for a target of 2367 or 2415.1

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2286.70
Upside Target	2499.00
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	2283.47
Downside Intraday Target	2240.98
Upside Intraday Target	2378.32
Upside Intraday Target	2430.68
Upside Intraday Target	2335.83

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	2325.95	2388.20	2388.20	2293.35	0.614 times
27 Fri Dec 2024	2375.65	2432.80	2432.80	2342.55	0.451 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

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
31 Tue Dec 2024	2325.95	2313.00	2500.00	2286.70	0.354 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 Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be moving up

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

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 2405.54 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.