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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 2024-12-20 View latest technical analysis

10 day averaged volume of Lumax Industries is 3610

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	2420.05	2479.30	2493.45	2410.00	0.523 times
19 Thu Dec 2024	2480.70	2470.95	2489.80	2438.05	0.435 times
18 Wed Dec 2024	2474.95	2480.00	2494.80	2430.00	1.094 times
17 Tue Dec 2024	2474.90	2491.60	2497.65	2450.00	0.419 times
16 Mon Dec 2024	2478.55	2448.55	2500.00	2420.05	1.122 times
13 Fri Dec 2024	2429.75	2432.85	2443.95	2400.00	0.54 times
12 Thu Dec 2024	2433.90	2444.65	2460.55	2420.15	0.902 times
11 Wed Dec 2024	2444.65	2407.25	2480.00	2407.25	1.694 times
10 Tue Dec 2024	2396.00	2400.60	2414.50	2369.00	0.85 times
09 Mon Dec 2024	2394.70	2424.75	2461.45	2382.00	0.951 times

My analysis of stock is bullish for shortterm, and stock might move up till 2469.6 or till 2553.5. Use a stoploss of 2399.73 and if this stock hits its stoploss, then it can fall down till 2329.83

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2155.85
Downside Target	2207.95
Downside Target	2286.70
Downside Target	2369.00
Upside Target	2480.00
Upside Target	2500.00
Upside Target	2521.00
Upside Target	2538.55
Upside Target	2591.95
Upside Target	2621.95
Upside Target	2955.00
Upside Target	2995.00

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2386.7
Downside Intraday Target	2353.35
Upside Intraday Target	2476.7
Upside Intraday Target	2533.35
Upside Intraday Target	2443.35

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	2420.05	2448.55	2500.00	2410.00	0.728 times
13 Fri Dec 2024	2429.75	2424.75	2480.00	2369.00	0.678 times
06 Fri Dec 2024	2410.20	2313.00	2499.00	2286.70	0.968 times
29 Fri Nov 2024	2305.70	2254.75	2313.00	2207.95	0.772 times
22 Fri Nov 2024	2238.00	2228.00	2289.95	2155.85	0.301 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
20 Fri Dec 2024	2420.05	2313.00	2500.00	2286.70	0.304 times
29 Fri Nov 2024	2305.70	2462.00	2591.95	2155.85	1.627 times
31 Thu Oct 2024	2467.35	2608.40	2621.95	2302.55	0.576 times
30 Mon Sep 2024	2590.25	2922.30	2995.00	2538.55	0.619 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Lumax Industries stock for short term is BUY. Signal strength is Weak 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2442.32 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.