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(LUMAXTECH) Lumax Auto complete technical analysis [charts+indicators] | Buy/Sell Lumax Auto | (LUMAXTECH) share price targets

Complete technical analysis of Lumax Auto (LUMAXTECH) by charts plus indicators, forecast predictions and share price targets for Lumax Auto (LUMAXTECH)

Lumax Auto trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-10-15 View latest technical analysis

10 day averaged volume of Lumax Auto is 94143

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	576.50	565.95	577.90	565.95	1.001 times
14 Mon Oct 2024	561.20	567.00	584.95	544.10	2.292 times
11 Fri Oct 2024	567.60	566.05	569.70	561.60	0.362 times
10 Thu Oct 2024	561.35	568.00	569.70	559.00	0.433 times
09 Wed Oct 2024	563.90	558.55	567.30	555.95	0.482 times
08 Tue Oct 2024	554.50	540.00	555.75	537.75	0.52 times
07 Mon Oct 2024	545.05	564.70	564.70	532.00	1.214 times
04 Fri Oct 2024	556.35	564.90	567.95	548.05	1.161 times
03 Thu Oct 2024	561.95	572.15	573.90	557.55	1.347 times
01 Tue Oct 2024	572.20	567.00	573.70	565.35	0.649 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 575.1, but if it comes below 575.1, then a intra day sell could be more profitable.
If you take a sell trade below 575.1, then use 575.1 as stoploss and 566.49 as target. However if you take a buy trade in stock , then use 575.1 as stoploss and 585.4 as target.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	500.20
Downside Target	513.95
Downside Target	525.30
Downside Target	543.25
Downside Target	569.40
Upside Target	584.95
Upside Target	589.50
Upside Target	595.60
Upside Target	596.25
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	552.08
Downside Intraday Target	527.67
Upside Intraday Target	592.93
Upside Intraday Target	609.37
Downside Intraday Target	568.52

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	576.50	567.00	584.95	544.10	1.094 times
11 Fri Oct 2024	567.60	564.70	569.70	532.00	0.641 times
04 Fri Oct 2024	556.35	576.50	576.50	548.05	0.318 times
27 Fri Sep 2024	572.55	582.95	596.25	569.40	0.603 times
20 Fri Sep 2024	566.35	562.00	589.50	543.25	5.367 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 Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	576.50	567.00	584.95	532.00	0.195 times
30 Mon Sep 2024	562.40	528.50	596.25	500.20	2.083 times
30 Fri Aug 2024	526.25	568.40	575.05	513.95	0.616 times
31 Wed Jul 2024	562.80	582.55	609.95	525.30	0.459 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 Auto (LUMAXTECH)

Price action analysis of Lumax Auto ( (LUMAXTECH) ) 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 Auto ( (LUMAXTECH) ) based on a short to mid 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 Auto ( (LUMAXTECH) ) based on a mid to longer 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.

ADX buy sell signal for Lumax Auto stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Lumax Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 561.03 and Lumax Auto (LUMAXTECH) 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 Auto (LUMAXTECH) stock. Volume based technical analysis of Lumax Auto (LUMAXTECH) stock is negative.

Lumax Auto 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.