Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LUMAXTECH) Lumax Auto complete technical analysis [charts+indicators] | Buy/Sell Lumax Auto | (LUMAXTECH) share price targets

Complete technical analysis of Lumax Auto (LUMAXTECH) by charts plus indicators, forecast predictions and share price targets for Lumax Auto (LUMAXTECH)

Lumax Auto trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-09-10 View latest technical analysis

10 day averaged volume of Lumax Auto is 57714

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	516.85	511.55	521.55	510.05	1.238 times
09 Mon Sep 2024	511.55	520.00	521.55	504.75	1.909 times
06 Fri Sep 2024	516.70	525.20	527.35	515.00	0.855 times
05 Thu Sep 2024	523.90	521.00	527.20	516.80	1 times
04 Wed Sep 2024	516.50	520.95	528.10	515.00	1.11 times
03 Tue Sep 2024	520.95	524.30	525.45	516.00	0.817 times
02 Mon Sep 2024	524.30	528.50	532.00	520.30	1.08 times
30 Fri Aug 2024	526.25	533.00	536.40	525.00	0.558 times
29 Thu Aug 2024	529.10	539.45	542.25	524.70	0.834 times
28 Wed Aug 2024	539.45	540.30	546.35	536.40	0.964 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 518.1, but if it comes above 518.1, then a intra day buy could be more profitable.
If you take a sell trade below 518.1, then use 518.1 as stoploss and 506.1 as target. However if you take a buy trade in stock , then use 518.1 as stoploss and 528.04 as target.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	450.70
Downside Target	504.75
Upside Target	532.00
Upside Target	548.90
Upside Target	549.00
Upside Target	566.50
Upside Target	575.05
Upside Target	595.60
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	507.22
Downside Intraday Target	497.58
Upside Intraday Target	524.02
Upside Intraday Target	531.18
Downside Intraday Target	514.38

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	516.85	520.00	521.55	504.75	0.647 times
06 Fri Sep 2024	516.70	528.50	532.00	515.00	1.034 times
30 Fri Aug 2024	526.25	542.50	549.00	524.70	0.573 times
23 Fri Aug 2024	540.20	525.00	548.90	516.15	0.952 times
16 Fri Aug 2024	519.70	560.00	566.50	513.95	0.651 times

Price has moved up 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 Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	516.85	528.50	532.00	504.75	0.211 times
30 Fri Aug 2024	526.25	568.40	575.05	513.95	0.616 times
31 Wed Jul 2024	562.80	582.55	609.95	525.30	0.459 times
28 Fri Jun 2024	582.90	492.00	595.60	424.05	2.363 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 Auto (LUMAXTECH)

Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short 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

Price action analysis of Lumax Auto ( (LUMAXTECH) ) 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 Auto ( (LUMAXTECH) ) 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 Auto ( (LUMAXTECH) ) 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 Auto stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Lumax Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Lumax Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 521.2 and Lumax Auto (LUMAXTECH) 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 Auto (LUMAXTECH) stock. Volume based technical analysis of Lumax Auto (LUMAXTECH) stock is negative.

Lumax Auto 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.