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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 2025-01-31 View latest technical analysis

10 day averaged volume of Lumax Ind is 282

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	2169.55	2146.25	2187.30	2113.40	1.082 times
30 Thu Jan 2025	2139.00	2056.00	2157.85	2005.60	1.376 times
29 Wed Jan 2025	2086.90	2109.95	2132.00	2049.30	1.596 times
28 Tue Jan 2025	2108.10	2150.35	2151.00	2055.85	1.447 times
27 Mon Jan 2025	2145.65	2270.40	2270.40	2134.25	1.103 times
24 Fri Jan 2025	2225.85	2260.10	2260.10	2216.00	0.344 times
23 Thu Jan 2025	2264.85	2276.85	2289.65	2250.00	0.975 times
22 Wed Jan 2025	2256.80	2282.05	2293.50	2237.40	0.872 times
21 Tue Jan 2025	2297.45	2378.00	2378.00	2286.00	1.323 times
20 Mon Jan 2025	2363.35	2292.45	2374.75	2292.45	0.447 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2184.8, but if it comes above 2184.8, then a intra day buy could be more profitable.
If you take a sell trade below 2184.8, then use 2184.8 as stoploss and 2034.5 as target. However if you take a buy trade in stock , then use 2184.8 as stoploss and 2310.11 as target.

Share price targets for Lumax Ind (LumaxInd)

Target Type	Value
Downside Target	2005.60
Downside Target	2159.50
Upside Target	2216.00
Upside Target	2469.45
Upside Target	2475.00
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	2026.63
Downside Intraday Target	1883.72
Upside Intraday Target	2291.43
Upside Intraday Target	2413.32
Downside Intraday Target	2148.52

Weekly technical analysis of Lumax Ind (LumaxInd)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	2169.55	2270.40	2270.40	2005.60	1.667 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Ind (LumaxInd)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	2169.55	2331.90	2491.95	2005.60	0.666 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 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 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 2184.22 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.