Stock analysis Lumax Industries Limited LUMAXIND
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Recent prices of LUMAXIND Lumax Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Wed Oct 2024 | 2471.80 | 2463.75 to 2530.00 | -0.34% | 0.29 times |
| 08 Tue Oct 2024 | 2480.25 | 2396.85 to 2499.00 | 1.93% | 0.8 times |
| 07 Mon Oct 2024 | 2433.35 | 2391.50 to 2519.00 | -1.81% | 0.61 times |
| 04 Fri Oct 2024 | 2478.10 | 2462.35 to 2549.95 | -0.1% | 0.98 times |
| 03 Thu Oct 2024 | 2480.60 | 2472.00 to 2585.40 | -3.38% | 1.12 times |
| 01 Tue Oct 2024 | 2567.50 | 2550.00 to 2621.95 | -0.88% | 0.96 times |
| 30 Mon Sep 2024 | 2590.25 | 2538.55 to 2645.50 | -0.39% | 1.33 times |
| 27 Fri Sep 2024 | 2600.45 | 2565.05 to 2668.65 | -1.61% | 1.51 times |
| 26 Thu Sep 2024 | 2642.95 | 2586.70 to 2713.00 | -1.04% | 1.58 times |
| 25 Wed Sep 2024 | 2670.75 | 2661.50 to 2799.00 | -2.56% | 0.81 times |
| 24 Tue Sep 2024 | 2741.00 | 2736.00 to 2800.00 | -1.46% | 0.3 times |
| 23 Mon Sep 2024 | 2781.75 | 2728.55 to 2789.95 | 0.46% | 1.07 times |
Technical analysis forecast for Lumax Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Lumax Industries Limited LUMAXIND at this time. Stock is falling and might fall more.
It appears as if Lumax Industries Limited LUMAXIND gave a large move recently.
Stock of Lumax Industries Limited (LUMAXIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Lumax Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Lumax Industries Limited stays below 2502.8, but if it comes above 2502.8, then a intra day buy could be more profitable.
If you take a sell trade below 2502.8, then use 2502.8 as stoploss and 2357.1 as target. However if you take a buy trade in Lumax Industries Limited, then use 2502.8 as stoploss and 2624.19 as target.