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

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

Showing technical analysis as on 2024-11-25 View latest technical analysis

10 day averaged volume of Lumax Ind is 268

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2275.50	2240.05	2285.10	2223.15	0.743 times
22 Fri Nov 2024	2247.65	2232.00	2272.00	2225.00	0.496 times
21 Thu Nov 2024	2232.60	2200.00	2245.80	2159.50	0.653 times
19 Tue Nov 2024	2200.20	2202.00	2275.60	2188.00	1.354 times
18 Mon Nov 2024	2221.25	2356.95	2356.95	2200.00	1.209 times
14 Thu Nov 2024	2289.25	2288.05	2304.50	2250.00	1.713 times
13 Wed Nov 2024	2306.70	2430.00	2430.00	2286.00	3.627 times
12 Tue Nov 2024	2466.40	2529.75	2529.75	2461.95	0.119 times
11 Mon Nov 2024	2538.00	2528.65	2538.00	2507.50	0.481 times
08 Fri Nov 2024	2530.10	2525.80	2535.00	2514.20	0.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2286.5, but if it comes above 2286.5, then a intra day buy could be more profitable.
If you take a sell trade below 2286.5, then use 2286.5 as stoploss and 2137.4 as target. However if you take a buy trade in stock , then use 2286.5 as stoploss and 2410.76 as target.

Share price targets for Lumax Ind (LumaxInd)

Target Type	Value
Downside Target	2159.50
Downside Target	2223.15
Upside Target	2447.35
Upside Target	2520.35
Upside Target	2568.00
Upside Target	2579.85
Upside Target	2649.95
Upside Target	2780.05
Upside Target	2950.00
Upside Target	2979.50
Upside Target	3045.00

Intraday share price targets for Lumax Ind (LumaxInd)

Target Type	Value
Downside Intraday Target	2237.4
Downside Intraday Target	2199.3
Upside Intraday Target	2299.35
Upside Intraday Target	2323.2
Downside Intraday Target	2261.25

Weekly technical analysis of Lumax Ind (LumaxInd)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2275.50	2240.05	2285.10	2223.15	0.2 times
22 Fri Nov 2024	2247.65	2356.95	2356.95	2159.50	0.625 times
14 Thu Nov 2024	2289.25	2528.65	2538.00	2250.00	1.039 times
08 Fri Nov 2024	2530.10	2524.95	2579.85	2447.35	0.679 times
01 Fri Nov 2024	2507.55	2371.10	2568.00	2316.10	0.071 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 Ind (LumaxInd)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	2275.50	2480.00	2579.85	2159.50	0.115 times
31 Thu Oct 2024	2476.10	2612.10	2649.95	2316.10	2.487 times
30 Mon Sep 2024	2596.10	2943.35	2979.50	2536.95	0.365 times
30 Fri Aug 2024	2926.35	2891.00	2950.00	2520.35	2.846 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 Ind (LumaxInd)

Price action analysis of Lumax Ind ( (LumaxInd) ) 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 Lumax Ind ( (LumaxInd) ) based on a short 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 Ind ( (LumaxInd) ) 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 Ind ( (LumaxInd) ) 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 Ind stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Lumax Ind in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumax Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lumax Ind in short term but BUY 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 Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2284.09 and Lumax Ind (LumaxInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Lumax Ind (LumaxInd) stock. Volume based technical analysis of Lumax Ind (LumaxInd) stock is negative.

Lumax Ind Stock has given negative 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.