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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 2024-07-02 View latest technical analysis

10 day averaged volume of Lumax Industries is 14366

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	2874.25	2790.40	2888.00	2790.40	0.553 times
01 Mon Jul 2024	2809.85	2800.00	2820.00	2775.15	0.287 times
28 Fri Jun 2024	2780.30	2785.90	2839.35	2757.55	0.313 times
27 Thu Jun 2024	2772.75	2806.40	2806.40	2742.20	0.483 times
26 Wed Jun 2024	2791.35	2852.00	2852.85	2780.00	0.598 times
25 Tue Jun 2024	2852.95	2871.95	2883.70	2796.05	0.757 times
24 Mon Jun 2024	2849.95	2846.15	2895.10	2810.10	0.448 times
21 Fri Jun 2024	2846.15	2909.10	2924.95	2803.95	0.69 times
20 Thu Jun 2024	2908.90	2844.35	3033.80	2844.35	4.618 times
19 Wed Jun 2024	2839.35	2852.25	2964.95	2805.10	0.892 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 2880.3 as stoploss in an intra day sell trade for a target of 2772.53. However, stock will show a bullish move above 2880.3.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2130.00
Downside Target	2306.10
Downside Target	2401.00
Downside Target	2627.30
Downside Target	2713.75
Upside Target	2888.00
Upside Target	2895.10
Upside Target	2910.00
Upside Target	2924.70
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2803.6
Downside Intraday Target	2732.95
Upside Intraday Target	2916.45
Upside Intraday Target	2958.65
Downside Intraday Target	2845.8

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	2874.25	2800.00	2888.00	2775.15	0.323 times
28 Fri Jun 2024	2780.30	2846.15	2895.10	2742.20	0.365 times
21 Fri Jun 2024	2846.15	2824.75	3033.80	2792.55	1.114 times
14 Fri Jun 2024	2819.80	2735.00	2924.70	2627.30	1.194 times
07 Fri Jun 2024	2690.65	2610.40	2713.75	2306.10	0.53 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
02 Tue Jul 2024	2874.25	2800.00	2888.00	2775.15	0.039 times
28 Fri Jun 2024	2780.30	2610.40	3033.80	2306.10	1.022 times
31 Fri May 2024	2569.00	2571.55	2910.00	2401.00	2.255 times
30 Tue Apr 2024	2551.95	2410.00	2766.90	2351.00	0.77 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 but selling is losing 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 2867.61 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.