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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 2024-07-05 View latest technical analysis

10 day averaged volume of Lumax Industries is 8757

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	2927.80	2920.60	2952.70	2891.00	0.733 times
04 Thu Jul 2024	2920.35	2901.20	2977.70	2875.00	2.436 times
03 Wed Jul 2024	2900.35	2896.45	2923.90	2836.05	0.79 times
02 Tue Jul 2024	2874.25	2790.40	2888.00	2790.40	0.907 times
01 Mon Jul 2024	2809.85	2800.00	2820.00	2775.15	0.471 times
28 Fri Jun 2024	2780.30	2785.90	2839.35	2757.55	0.514 times
27 Thu Jun 2024	2772.75	2806.40	2806.40	2742.20	0.793 times
26 Wed Jun 2024	2791.35	2852.00	2852.85	2780.00	0.98 times
25 Tue Jun 2024	2852.95	2871.95	2883.70	2796.05	1.242 times
24 Mon Jun 2024	2849.95	2846.15	2895.10	2810.10	0.735 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2895.2, but if it comes below 2895.2, then a intra day sell could be more profitable.
If you take a sell trade below 2895.2, then use 2895.2 as stoploss and 2824.43 as target. However if you take a buy trade in stock , then use 2895.2 as stoploss and 2980.1 as target.

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
Downside Target	2895.10
Downside Target	2910.00
Downside Target	2924.70
Upside Target	2977.70
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2809.4
Downside Intraday Target	2691
Upside Intraday Target	3011.95
Upside Intraday Target	3096.1
Downside Intraday Target	2893.55

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	2927.80	2800.00	2977.70	2775.15	1.251 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
05 Fri Jul 2024	2927.80	2800.00	2977.70	2775.15	0.152 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 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.

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. Bulls are getting stronger in this stock.

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

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2862.53 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.