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 2025-01-16 View latest technical analysis

10 day averaged volume of Lumax Industries is 3939

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	2382.05	2403.20	2458.25	2375.00	0.792 times
15 Wed Jan 2025	2390.65	2436.40	2436.40	2383.05	0.353 times
14 Tue Jan 2025	2423.65	2392.30	2489.95	2382.65	0.669 times
13 Mon Jan 2025	2414.25	2448.55	2456.90	2352.05	2.641 times
10 Fri Jan 2025	2448.55	2452.80	2465.00	2380.10	1.837 times
09 Thu Jan 2025	2461.80	2431.20	2498.00	2431.20	0.825 times
08 Wed Jan 2025	2436.05	2485.00	2493.95	2406.80	0.597 times
07 Tue Jan 2025	2485.95	2427.85	2490.00	2414.60	1.402 times
06 Mon Jan 2025	2427.85	2427.05	2443.55	2363.55	0.626 times
03 Fri Jan 2025	2427.05	2461.20	2476.85	2400.00	0.41 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 2363.4 as stoploss in an intra day buy trade for a target of 2408.98. However, stock will show a bearish move below 2363.4.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2286.70
Upside Target	2489.95
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	2326.08
Downside Intraday Target	2270.12
Upside Intraday Target	2463.98
Upside Intraday Target	2545.92
Upside Intraday Target	2408.02

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	2382.05	2448.55	2489.95	2352.05	0.843 times
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

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
16 Thu Jan 2025	2382.05	2322.75	2498.00	2322.70	0.658 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer 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

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

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2434.15 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.