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(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 2024-01-22 View latest technical analysis

10 day averaged volume of Omax Autos is 143831

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	79.75	76.10	79.90	75.20	1.903 times
19 Fri Jan 2024	76.10	76.20	77.50	74.65	0.597 times
18 Thu Jan 2024	74.20	74.10	74.50	69.25	0.683 times
17 Wed Jan 2024	72.55	72.30	75.60	69.60	0.779 times
16 Tue Jan 2024	72.65	77.50	77.50	71.85	0.921 times
15 Mon Jan 2024	75.50	76.60	78.00	75.10	0.749 times
12 Fri Jan 2024	77.35	79.00	79.00	75.55	0.67 times
11 Thu Jan 2024	77.55	75.50	79.00	75.35	1.118 times
10 Wed Jan 2024	75.25	78.85	78.85	74.75	0.79 times
09 Tue Jan 2024	77.30	79.00	80.00	75.90	1.258 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.8, but if it comes below 77.8, then a intra day sell could be more profitable.
If you take a sell trade below 77.8, then use 77.8 as stoploss and 72.93 as target. However if you take a buy trade in stock , then use 77.8 as stoploss and 83.6 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	64.00
Downside Target	66.25
Downside Target	69.15
Downside Target	73.10
Downside Target	75.20
Downside Target	78.00
Upside Target	79.90
Upside Target	80.00
Upside Target	80.25

Intraday share price targets for Omax Autos (OMAXAUTO)

Target Type	Value
Downside Intraday Target	76.67
Downside Intraday Target	73.58
Upside Intraday Target	81.37
Upside Intraday Target	82.98
Downside Intraday Target	78.28

Weekly technical analysis of Omax Autos (OMAXAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	79.75	76.10	79.90	75.20	0.51 times
19 Fri Jan 2024	76.10	76.60	78.00	69.25	0.595 times
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

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
22 Mon Jan 2024	79.75	64.85	80.25	64.50	1.388 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Omax Autos ( (OMAXAUTO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 Omax Autos 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 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 76.37 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.