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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 2024-12-12 View latest technical analysis

10 day averaged volume of Lumax Auto is 156046

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	582.80	593.05	596.00	579.65	0.697 times
11 Wed Dec 2024	592.55	589.85	613.00	589.85	2.353 times
10 Tue Dec 2024	587.80	586.00	594.00	575.00	0.999 times
09 Mon Dec 2024	580.15	568.90	594.00	562.00	2.634 times
06 Fri Dec 2024	556.50	534.70	566.35	524.00	1.252 times
05 Thu Dec 2024	534.70	535.90	541.90	529.95	0.425 times
04 Wed Dec 2024	534.75	531.50	547.50	529.80	0.673 times
03 Tue Dec 2024	529.40	529.90	533.00	523.05	0.459 times
02 Mon Dec 2024	527.85	522.40	529.90	517.80	0.312 times
29 Fri Nov 2024	521.00	521.45	524.15	513.00	0.215 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 562.1, but if it comes below 562.1, then a intra day sell could be more profitable.
If you take a sell trade below 562.1, then use 562.1 as stoploss and 530.73 as target. However if you take a buy trade in stock , then use 562.1 as stoploss and 599.8 as target.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Downside Target	497.10
Downside Target	513.95
Downside Target	535.40
Downside Target	548.00
Downside Target	562.00
Downside Target	566.35
Downside Target	575.05
Upside Target	584.95
Upside Target	596.25
Upside Target	613.00

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	558.87
Downside Intraday Target	534.93
Upside Intraday Target	609.87
Upside Intraday Target	636.93
Upside Intraday Target	585.93

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	582.80	568.90	613.00	562.00	2.142 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	582.80	522.40	613.00	517.80	0.842 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Lumax Auto stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 570.86 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.