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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.

10 day averaged volume of Lumax Auto is 92959

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	529.40	529.90	533.00	523.05	0.77 times
02 Mon Dec 2024	527.85	522.40	529.90	517.80	0.524 times
29 Fri Nov 2024	521.00	521.45	524.15	513.00	0.36 times
28 Thu Nov 2024	514.40	522.55	529.35	512.60	1.139 times
27 Wed Nov 2024	520.10	533.00	548.00	517.20	3.902 times
26 Tue Nov 2024	512.80	504.75	514.00	504.75	0.333 times
25 Mon Nov 2024	503.30	509.20	513.85	501.10	0.62 times
22 Fri Nov 2024	501.90	506.40	506.40	499.50	0.413 times
21 Thu Nov 2024	501.40	501.50	506.50	498.00	0.37 times
19 Tue Nov 2024	509.15	506.85	516.60	504.10	0.404 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 523.7, but if it comes below 523.7, then a intra day sell could be more profitable.
If you take a sell trade below 523.7, then use 523.7 as stoploss and 513.05 as target. However if you take a buy trade in stock , then use 523.7 as stoploss and 536.4 as target.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Downside Target	497.10
Upside Target	533.00
Upside Target	535.40
Upside Target	541.00
Upside Target	548.00
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	520.47
Downside Intraday Target	511.53
Upside Intraday Target	535.67
Upside Intraday Target	541.93
Downside Intraday Target	526.73

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	529.40	522.40	533.00	517.80	0.204 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
03 Tue Dec 2024	529.40	522.40	533.00	517.80	0.066 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 but the buy signal is initial and weak.

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

Lumax Auto 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. Bulls are getting stronger in this stock.

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 Auto in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 517.08 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 negative.

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