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 2025-01-07 View latest technical analysis

10 day averaged volume of Lumax Industries is 1730

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	2485.95	2427.85	2490.00	2414.60	3.193 times
06 Mon Jan 2025	2427.85	2427.05	2443.55	2363.55	1.426 times
03 Fri Jan 2025	2427.05	2461.20	2476.85	2400.00	0.933 times
02 Thu Jan 2025	2442.85	2397.65	2466.00	2378.80	1.461 times
01 Wed Jan 2025	2400.65	2322.75	2418.55	2322.70	0.718 times
31 Tue Dec 2024	2325.95	2307.90	2350.00	2293.35	0.639 times
30 Mon Dec 2024	2307.90	2388.20	2388.20	2300.15	1.438 times
27 Fri Dec 2024	2375.65	2362.70	2389.95	2350.00	0.855 times
26 Thu Dec 2024	2384.40	2400.80	2400.80	2371.05	0.619 times
24 Tue Dec 2024	2388.25	2367.70	2399.90	2352.80	0.683 times

Stock of Lumax Industries (LUMAXIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2467.6, but if it comes below 2467.6, then a intra day sell could be more profitable.
If you take a sell trade below 2467.6, then use 2467.6 as stoploss and 2417.76 as target. However if you take a buy trade in stock , then use 2467.6 as stoploss and 2527.4 as target.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2286.70
Downside Target	2480.00
Upside Target	2490.00
Upside Target	2500.00
Upside Target	2538.55
Upside Target	2591.95
Upside Target	2621.95
Upside Target	2995.00

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2403
Downside Intraday Target	2320.05
Upside Intraday Target	2529.45
Upside Intraday Target	2572.95
Downside Intraday Target	2446.5

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	2485.95	2427.05	2490.00	2363.55	0.89 times
03 Fri Jan 2025	2427.05	2388.20	2476.85	2293.35	1.534 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

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
07 Tue Jan 2025	2485.95	2322.75	2490.00	2322.70	0.201 times
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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Lumax Industries stock for short term is BUY. Signal strength is Weak 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 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 buy signal for Lumax Industries in short term and BUY signal is strong.

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

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 2415.39 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 positive

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