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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 2025-01-23 View latest technical analysis

10 day averaged volume of Lumax Industries is 4155

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2268.20	2245.00	2282.65	2244.30	0.336 times
22 Wed Jan 2025	2264.90	2281.15	2297.90	2237.45	0.314 times
21 Tue Jan 2025	2293.75	2351.80	2390.45	2280.00	0.683 times
20 Mon Jan 2025	2339.50	2319.00	2398.80	2282.00	1.271 times
17 Fri Jan 2025	2313.10	2360.40	2396.00	2289.95	0.986 times
16 Thu Jan 2025	2382.05	2403.20	2458.25	2375.00	0.751 times
15 Wed Jan 2025	2390.65	2436.40	2436.40	2383.05	0.335 times
14 Tue Jan 2025	2423.65	2392.30	2489.95	2382.65	0.634 times
13 Mon Jan 2025	2414.25	2448.55	2456.90	2352.05	2.503 times
10 Fri Jan 2025	2448.55	2452.80	2465.00	2380.10	1.741 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2316.2, but if it comes above 2316.2, then a intra day buy could be more profitable.
If you take a sell trade below 2316.2, then use 2316.2 as stoploss and 2237.9 as target. However if you take a buy trade in stock , then use 2316.2 as stoploss and 2381.52 as target.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2237.45
Upside 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	2204.17
Downside Intraday Target	2140.13
Upside Intraday Target	2365.52
Upside Intraday Target	2462.83
Upside Intraday Target	2301.48

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	2268.20	2319.00	2398.80	2237.45	0.5 times
17 Fri Jan 2025	2313.10	2448.55	2489.95	2289.95	1.039 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

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
23 Thu Jan 2025	2268.20	2322.75	2498.00	2237.45	0.882 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 down 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 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 2378.73 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.