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 2025-01-10 View latest technical analysis

10 day averaged volume of Lumax Industries is 2405

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	2448.55	2452.80	2465.00	2380.10	3.008 times
09 Thu Jan 2025	2461.80	2431.20	2498.00	2431.20	1.351 times
08 Wed Jan 2025	2436.05	2485.00	2493.95	2406.80	0.977 times
07 Tue Jan 2025	2485.95	2427.85	2490.00	2414.60	2.297 times
06 Mon Jan 2025	2427.85	2427.05	2443.55	2363.55	1.026 times
03 Fri Jan 2025	2427.05	2461.20	2476.85	2400.00	0.671 times
02 Thu Jan 2025	2442.85	2397.65	2466.00	2378.80	1.051 times
01 Wed Jan 2025	2400.65	2322.75	2418.55	2322.70	0.517 times
31 Tue Dec 2024	2325.95	2307.90	2350.00	2293.35	0.459 times
30 Mon Dec 2024	2307.90	2388.20	2388.20	2300.15	1.035 times

Stock of Lumax Industries (LUMAXIND) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2472 as stoploss in an intra day sell trade for a target of 2421.36. However, stock will show a bullish move above 2472.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2286.70
Upside Target	2480.00
Upside Target	2498.00
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	2375.4
Downside Intraday Target	2302.25
Upside Intraday Target	2509.85
Upside Intraday Target	2571.15
Downside Intraday Target	2436.7

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	2448.55	2427.05	2498.00	2363.55	2.32 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Industries (LUMAXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	2448.55	2322.75	2498.00	2322.70	0.394 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a mid to longer 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.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 2434.3 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.