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(OMAXAUTO) Omax Autos complete technical analysis [charts+indicators] | Buy/Sell Omax Autos | (OMAXAUTO) share price targets

Complete technical analysis of Omax Autos (OMAXAUTO) by charts plus indicators, forecast predictions and share price targets for Omax Autos (OMAXAUTO)

Omax Autos trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-09-26 View latest technical analysis

10 day averaged volume of Omax Autos is 28473

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	121.54	122.85	127.64	119.20	2.092 times
25 Wed Sep 2024	121.57	124.90	124.90	120.00	0.714 times
24 Tue Sep 2024	124.90	132.05	132.05	124.90	1.119 times
23 Mon Sep 2024	131.48	128.00	133.37	125.07	1.731 times
20 Fri Sep 2024	127.02	123.50	127.06	120.01	1.064 times
19 Thu Sep 2024	121.01	125.23	128.99	118.61	1.29 times
18 Wed Sep 2024	124.86	124.20	126.98	122.15	0.928 times
17 Tue Sep 2024	126.95	129.84	131.83	124.51	0.834 times
16 Mon Sep 2024	129.30	131.95	133.00	128.82	0.479 times
13 Fri Sep 2024	130.80	130.00	133.36	129.00	0.709 times

Stock of Omax Autos (OMAXAUTO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 119.6, for a target of 125 or 129.48

Share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Target	61.05
Downside Target	64.50
Downside Target	69.15
Downside Target	92.75
Downside Target	97.35
Downside Target	118.25
Upside Target	127.81
Upside Target	133.37
Upside Target	138.79
Upside Target	139.20
Upside Target	145.00

Intraday share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Intraday Target	116.04
Downside Intraday Target	110.53
Upside Intraday Target	130.21
Upside Intraday Target	138.87
Upside Intraday Target	124.7

Weekly technical analysis of Omax Autos (OMAXAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	121.54	128.00	133.37	119.20	1.231 times
20 Fri Sep 2024	127.02	131.95	133.00	118.61	0.472 times
13 Fri Sep 2024	130.80	136.00	139.20	127.81	3.272 times
06 Fri Sep 2024	133.76	133.00	138.79	131.10	0.321 times
30 Fri Aug 2024	134.36	136.40	145.00	129.99	0.323 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 Omax Autos (OMAXAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	121.54	133.00	139.20	118.61	2.479 times
30 Fri Aug 2024	134.36	136.40	145.00	129.99	0.26 times
07 Wed Feb 2024	118.25	97.35	118.25	97.35	0.231 times
31 Wed Jan 2024	92.75	64.85	92.75	64.50	2.279 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Omax Autos (OMAXAUTO)

Price action analysis of Omax Autos ( (OMAXAUTO) ) 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 Omax Autos ( (OMAXAUTO) ) 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 Omax Autos ( (OMAXAUTO) ) 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 Omax Autos stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Omax Autos in short term but the sell signal is initial and weak.

Omax Autos Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Omax Autos in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Omax Autos is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.56 and Omax Autos (OMAXAUTO) 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 Omax Autos (OMAXAUTO) stock. Volume based technical analysis of Omax Autos (OMAXAUTO) stock is negative.

Omax Autos Stock has given negative 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.