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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.

10 day averaged volume of Lumax Industries is 2880

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	2172.35	2144.75	2184.95	2121.60	0.601 times
30 Thu Jan 2025	2136.20	1960.00	2163.65	1960.00	1.236 times
29 Wed Jan 2025	2078.75	2089.50	2133.95	2053.05	1.093 times
28 Tue Jan 2025	2089.50	2145.85	2205.85	2051.00	1.268 times
27 Mon Jan 2025	2139.05	2234.90	2234.90	2133.35	0.759 times
24 Fri Jan 2025	2223.20	2277.00	2277.00	2211.05	0.464 times
23 Thu Jan 2025	2268.20	2245.00	2282.65	2244.30	0.485 times
22 Wed Jan 2025	2264.90	2281.15	2297.90	2237.45	0.452 times
21 Tue Jan 2025	2293.75	2351.80	2390.45	2280.00	0.985 times
20 Mon Jan 2025	2339.50	2319.00	2398.80	2282.00	1.834 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2180.7, but if it comes above 2180.7, then a intra day buy could be more profitable.
If you take a sell trade below 2180.7, then use 2180.7 as stoploss and 2026.3 as target. However if you take a buy trade in stock , then use 2180.7 as stoploss and 2309.47 as target.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	1960.00
Downside 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	2009.93
Downside Intraday Target	1847.52
Upside Intraday Target	2284.83
Upside Intraday Target	2397.32
Downside Intraday Target	2122.42

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	2172.35	2234.90	2234.90	1960.00	1.175 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
31 Fri Jan 2025	2172.35	2322.75	2498.00	1960.00	1.116 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lumax Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2200.75 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.