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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.

Showing technical analysis as on 2024-05-14 View latest technical analysis

10 day averaged volume of Lumax Industries is 7457

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	2530.60	2505.45	2575.00	2500.10	0.706 times
13 Mon May 2024	2509.80	2513.95	2532.15	2450.65	0.481 times
10 Fri May 2024	2494.75	2401.00	2507.40	2401.00	0.479 times
09 Thu May 2024	2456.15	2545.40	2545.40	2441.00	0.289 times
08 Wed May 2024	2532.50	2490.40	2612.50	2460.10	1.99 times
07 Tue May 2024	2471.25	2530.00	2563.60	2424.55	1.548 times
06 Mon May 2024	2505.45	2561.85	2570.85	2471.55	0.794 times
03 Fri May 2024	2541.75	2602.10	2609.95	2521.05	0.726 times
02 Thu May 2024	2591.10	2571.55	2619.00	2530.05	0.919 times
30 Tue Apr 2024	2551.95	2495.00	2574.00	2495.00	0.908 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 2546.3 as stoploss in an intra day sell trade for a target of 2496.94. However, stock will show a bullish move above 2546.3.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2130.00
Downside Target	2174.75
Downside Target	2351.00
Downside Target	2401.00
Upside Target	2565.45
Upside Target	2575.00
Upside Target	2579.00
Upside Target	2612.50
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	2462.5
Downside Intraday Target	2394.4
Upside Intraday Target	2586.85
Upside Intraday Target	2643.1
Downside Intraday Target	2518.75

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	2530.60	2513.95	2575.00	2450.65	0.233 times
10 Fri May 2024	2494.75	2561.85	2612.50	2401.00	1.154 times
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

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
14 Tue May 2024	2530.60	2571.55	2619.00	2401.00	0.442 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

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

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

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Lumax Industries 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

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 2522.27 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 falling down

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.