Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(OMAXAUTO) Omax Autos complete technical analysis [charts+indicators] | Buy/Sell Omax Autos | (OMAXAUTO) share price targets

Complete technical analysis of Omax Autos (OMAXAUTO) by charts plus indicators, forecast predictions and share price targets for Omax Autos (OMAXAUTO)

Omax Autos trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-01-12 View latest technical analysis

10 day averaged volume of Omax Autos is 179473

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	77.35	79.00	79.00	75.55	0.537 times
11 Thu Jan 2024	77.55	75.50	79.00	75.35	0.896 times
10 Wed Jan 2024	75.25	78.85	78.85	74.75	0.633 times
09 Tue Jan 2024	77.30	79.00	80.00	75.90	1.008 times
08 Mon Jan 2024	77.45	76.45	79.95	73.10	1.951 times
05 Fri Jan 2024	76.90	80.25	80.25	75.20	2.657 times
04 Thu Jan 2024	76.45	76.45	76.45	76.45	0.2 times
03 Wed Jan 2024	72.85	71.15	72.85	70.30	0.778 times
02 Tue Jan 2024	69.40	67.00	70.05	65.20	1.102 times
01 Mon Jan 2024	66.75	64.85	67.35	64.50	0.585 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 75.4, but if it comes below 75.4, then a intra day sell could be more profitable.
If you take a sell trade below 75.4, then use 75.4 as stoploss and 69.95 as target. However if you take a buy trade in stock , then use 75.4 as stoploss and 82 as target.

Share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Target	52.65
Downside Target	56.10
Downside Target	61.05
Downside Target	62.50
Downside Target	64.00
Downside Target	66.25
Downside Target	68.45
Downside Target	69.15
Downside Target	73.10
Upside Target	80.00
Upside Target	80.25

Intraday share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Intraday Target	73.63
Downside Intraday Target	69.92
Upside Intraday Target	80.53
Upside Intraday Target	83.72
Downside Intraday Target	76.82

Weekly technical analysis of Omax Autos (OMAXAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	77.35	76.45	80.00	73.10	0.944 times
05 Fri Jan 2024	76.90	64.85	80.25	64.50	4.918 times
29 Fri Dec 2023	64.85	64.10	67.65	64.05	0.254 times
22 Fri Dec 2023	64.65	65.55	69.15	61.25	2.067 times
15 Fri Dec 2023	65.90	65.00	68.45	62.50	0.687 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 Omax Autos (OMAXAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	77.35	64.85	80.25	64.50	0.966 times
29 Fri Dec 2023	64.85	64.90	69.15	61.05	1.503 times
30 Thu Nov 2023	63.80	57.50	66.25	56.10	1.172 times
31 Tue Oct 2023	56.80	58.00	64.00	52.65	0.653 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 Omax Autos (OMAXAUTO)

Price action analysis of Omax Autos ( (OMAXAUTO) ) 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 Omax Autos ( (OMAXAUTO) ) 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 Omax Autos ( (OMAXAUTO) ) 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 Omax Autos stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Omax Autos 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.

Omax Autos 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 Omax Autos in short term

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

MRSI is in positive zone. This is a BUY zone

Stock of Omax Autos is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.34 and Omax Autos (OMAXAUTO) 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 Omax Autos (OMAXAUTO) stock. Volume based technical analysis of Omax Autos (OMAXAUTO) stock is negative.

Omax Autos 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.