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(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 2024-12-06 View latest technical analysis

10 day averaged volume of Lumax Auto is 92069

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	556.50	534.70	566.35	524.00	2.122 times
05 Thu Dec 2024	534.70	535.90	541.90	529.95	0.72 times
04 Wed Dec 2024	534.75	531.50	547.50	529.80	1.14 times
03 Tue Dec 2024	529.40	529.90	533.00	523.05	0.777 times
02 Mon Dec 2024	527.85	522.40	529.90	517.80	0.529 times
29 Fri Nov 2024	521.00	521.45	524.15	513.00	0.364 times
28 Thu Nov 2024	514.40	522.55	529.35	512.60	1.15 times
27 Wed Nov 2024	520.10	533.00	548.00	517.20	3.94 times
26 Tue Nov 2024	512.80	504.75	514.00	504.75	0.336 times
25 Mon Nov 2024	503.30	509.20	513.85	501.10	0.626 times

Stock of Lumax Auto (LUMAXTECH) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 549.7, for a target of 531.4 or 516.27

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Downside Target	497.10
Downside Target	535.40
Downside Target	541.00
Downside Target	548.00
Upside Target	566.35
Upside Target	575.05
Upside Target	584.95
Upside Target	596.25

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	527.42
Downside Intraday Target	498.33
Upside Intraday Target	575.97
Upside Intraday Target	595.43
Downside Intraday Target	546.88

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	556.50	522.40	566.35	517.80	0.824 times
29 Fri Nov 2024	521.00	509.20	548.00	501.10	2.037 times
22 Fri Nov 2024	501.90	517.85	517.90	497.10	0.447 times
14 Thu Nov 2024	513.50	517.45	535.40	480.00	2.355 times
08 Fri Nov 2024	515.45	529.75	541.00	509.65	0.529 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
06 Fri Dec 2024	556.50	522.40	566.35	517.80	0.268 times
29 Fri Nov 2024	521.00	527.40	548.00	480.00	0.897 times
31 Thu Oct 2024	521.95	567.00	584.95	469.75	0.444 times
30 Mon Sep 2024	562.40	528.50	596.25	500.20	2.083 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 Auto (LUMAXTECH)

Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short 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 Auto ( (LUMAXTECH) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Lumax Auto in short term and the buy signal is strong.

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

Lumax Auto Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Lumax Auto in short term and BUY signal is strong.

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

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 528.35 and Lumax Auto (LUMAXTECH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.