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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 2024-09-06 View latest technical analysis

10 day averaged volume of Lumax Industries is 13834

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	2914.40	2995.00	2995.00	2880.00	1.235 times
05 Thu Sep 2024	2964.95	2973.35	2975.00	2873.90	1.001 times
04 Wed Sep 2024	2951.20	2891.00	2967.35	2891.00	0.458 times
03 Tue Sep 2024	2920.75	2913.50	2979.20	2899.10	1.212 times
02 Mon Sep 2024	2907.70	2922.30	2975.00	2861.30	1.326 times
30 Fri Aug 2024	2922.30	2922.70	2939.95	2887.10	0.475 times
29 Thu Aug 2024	2923.85	2928.40	2949.60	2856.00	0.936 times
28 Wed Aug 2024	2906.45	2918.85	2948.25	2869.05	1.307 times
27 Tue Aug 2024	2889.95	2890.00	2905.75	2851.55	1.149 times
26 Mon Aug 2024	2884.15	2899.00	2899.00	2830.00	0.686 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 2942.6 as stoploss in an intra day sell trade for a target of 2839.78. However, stock will show a bullish move above 2942.6.

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2306.10
Downside Target	2401.00
Downside Target	2521.00
Downside Target	2644.70
Downside Target	2738.70
Upside Target	2949.60
Upside Target	2950.00
Upside Target	2955.00
Upside Target	2995.00
Upside Target	3018.00
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2852.13
Downside Intraday Target	2789.87
Upside Intraday Target	2985.83
Upside Intraday Target	3057.27
Upside Intraday Target	2923.57

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	2914.40	2922.30	2995.00	2861.30	1.149 times
30 Fri Aug 2024	2922.30	2899.00	2949.60	2830.00	0.447 times
23 Fri Aug 2024	2869.10	2699.30	2950.00	2644.70	2.404 times
16 Fri Aug 2024	2690.15	2810.00	2821.50	2521.00	1.055 times
09 Fri Aug 2024	2801.05	2861.00	2948.00	2738.70	2.778 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 Lumax Industries (LUMAXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	2914.40	2922.30	2995.00	2861.30	0.224 times
30 Fri Aug 2024	2922.30	2908.50	2955.00	2521.00	2.228 times
31 Wed Jul 2024	2886.20	2800.00	3018.00	2770.00	0.472 times
28 Fri Jun 2024	2780.30	2610.40	3033.80	2306.10	1.022 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 gaining momentum.

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

Lumax Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 2916.41 and Lumax Industries (LUMAXIND) stock is trading below this level. This means that stock is falling with high volumes. 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.