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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 2025-01-24 View latest technical analysis

10 day averaged volume of Lumax Ind is 249

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	2225.85	2260.10	2260.10	2216.00	0.39 times
23 Thu Jan 2025	2264.85	2276.85	2289.65	2250.00	1.104 times
22 Wed Jan 2025	2256.80	2282.05	2293.50	2237.40	0.988 times
21 Tue Jan 2025	2297.45	2378.00	2378.00	2286.00	1.498 times
20 Mon Jan 2025	2363.35	2292.45	2374.75	2292.45	0.506 times
17 Fri Jan 2025	2304.65	2334.45	2393.95	2290.00	0.586 times
16 Thu Jan 2025	2381.55	2433.00	2439.45	2371.40	0.755 times
15 Wed Jan 2025	2387.55	2424.00	2438.75	2385.00	0.88 times
14 Tue Jan 2025	2424.95	2399.95	2469.45	2394.00	0.241 times
13 Mon Jan 2025	2401.65	2440.00	2440.00	2364.60	1.365 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2212.9, for a target of 2300 or 2372.68

Share price targets for Lumax Ind (LumaxInd)

Target Type	Value
Downside Target	2159.50
Downside Target	2216.00
Upside Target	2290.00
Upside Target	2469.45
Upside Target	2488.95
Upside Target	2491.95
Upside Target	2500.00
Upside Target	2536.95
Upside Target	2579.85
Upside Target	2649.95
Upside Target	2979.50

Intraday share price targets for Lumax Ind (LumaxInd)

Target Type	Value
Downside Intraday Target	2168.57
Downside Intraday Target	2111.28
Upside Intraday Target	2330.57
Upside Intraday Target	2435.28
Upside Intraday Target	2273.28

Weekly technical analysis of Lumax Ind (LumaxInd)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	2225.85	2292.45	2378.00	2216.00	1.172 times
17 Fri Jan 2025	2304.65	2440.00	2469.45	2290.00	0.624 times
10 Fri Jan 2025	2451.35	2425.80	2491.95	2343.40	1.687 times
03 Fri Jan 2025	2433.20	2354.35	2475.00	2232.95	1.358 times
27 Fri Dec 2024	2360.00	2415.00	2488.95	2340.05	0.554 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 Ind (LumaxInd)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	2225.85	2331.90	2491.95	2216.00	0.453 times
31 Tue Dec 2024	2336.40	2280.00	2500.00	2232.95	1.389 times
29 Fri Nov 2024	2306.70	2480.00	2579.85	2159.50	0.162 times
31 Thu Oct 2024	2476.10	2612.10	2649.95	2316.10	2.487 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 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 gaining momentum.

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

Lumax Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lumax Ind in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2327.43 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.