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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 2025-01-28 View latest technical analysis

10 day averaged volume of Lumax Industries is 2558

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	2089.50	2145.85	2205.85	2051.00	1.428 times
27 Mon Jan 2025	2139.05	2234.90	2234.90	2133.35	0.854 times
24 Fri Jan 2025	2223.20	2277.00	2277.00	2211.05	0.522 times
23 Thu Jan 2025	2268.20	2245.00	2282.65	2244.30	0.547 times
22 Wed Jan 2025	2264.90	2281.15	2297.90	2237.45	0.509 times
21 Tue Jan 2025	2293.75	2351.80	2390.45	2280.00	1.109 times
20 Mon Jan 2025	2339.50	2319.00	2398.80	2282.00	2.065 times
17 Fri Jan 2025	2313.10	2360.40	2396.00	2289.95	1.601 times
16 Thu Jan 2025	2382.05	2403.20	2458.25	2375.00	1.22 times
15 Wed Jan 2025	2390.65	2436.40	2436.40	2383.05	0.543 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 2117.6, for a target of 2246.3 or 2353.63

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2051.00
Upside Target	2155.85
Upside Target	2211.05
Upside Target	2286.70
Upside Target	2363.55
Upside Target	2476.85
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	2015.37
Downside Intraday Target	1941.23
Upside Intraday Target	2199.27
Upside Intraday Target	2309.03
Upside Intraday Target	2125.13

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	2089.50	2234.90	2234.90	2051.00	0.48 times
24 Fri Jan 2025	2223.20	2319.00	2398.80	2211.05	0.562 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

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
28 Tue Jan 2025	2089.50	2322.75	2498.00	2051.00	0.99 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 coming down

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

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 2274.18 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.