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

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

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

10 day averaged volume of Lumax Industries is 9317

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	2541.75	2602.10	2609.95	2521.05	0.581 times
02 Thu May 2024	2591.10	2571.55	2619.00	2530.05	0.736 times
30 Tue Apr 2024	2551.95	2495.00	2574.00	2495.00	0.727 times
29 Mon Apr 2024	2529.25	2578.90	2766.90	2510.05	1.494 times
26 Fri Apr 2024	2514.25	2579.00	2579.00	2500.00	0.268 times
25 Thu Apr 2024	2552.30	2518.40	2572.40	2501.20	1.063 times
24 Wed Apr 2024	2501.95	2499.00	2550.00	2465.65	1.076 times
23 Tue Apr 2024	2454.15	2474.70	2499.90	2423.35	0.582 times
22 Mon Apr 2024	2457.95	2442.75	2475.00	2412.55	0.433 times
19 Fri Apr 2024	2424.15	2391.85	2494.80	2363.25	1.402 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2542.2 as stoploss in an intra day sell trade for a target of 2494.49. However, stock will show a bullish move above 2542.2.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2130.00
Downside Target	2174.75
Downside Target	2351.00
Downside Target	2532.00
Upside Target	2549.00
Upside Target	2565.45
Upside Target	2579.00
Upside Target	2619.00
Upside Target	2766.90
Upside Target	2842.70

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2435.53
Downside Intraday Target	2329.32
Upside Intraday Target	2707.43
Upside Intraday Target	2873.12
Upside Intraday Target	2601.22

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	2541.75	2578.90	2766.90	2495.00	1.034 times
26 Fri Apr 2024	2514.25	2442.75	2579.00	2412.55	0.768 times
19 Fri Apr 2024	2424.15	2430.00	2498.80	2351.00	2.881 times
12 Fri Apr 2024	2460.75	2518.85	2549.00	2452.65	0.572 times
05 Fri Apr 2024	2499.05	2410.00	2532.00	2375.15	1.036 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 Industries (LUMAXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	2541.75	2571.55	2619.00	2521.05	0.092 times
30 Tue Apr 2024	2551.95	2410.00	2766.90	2351.00	0.77 times
28 Thu Mar 2024	2411.70	2330.55	2447.90	2130.00	0.775 times
29 Thu Feb 2024	2312.95	2478.50	2565.45	2174.75	1.212 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 Industries (LUMAXIND)

Price action analysis of Lumax Industries ( (LUMAXIND) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Lumax Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Lumax Industries 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2509.93 and Lumax Industries (LUMAXIND) 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 Industries (LUMAXIND) stock. Volume based technical analysis of Lumax Industries (LUMAXIND) stock is negative.

Lumax Industries 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.