LUMAXIND NEWS why is Lumax Industries Limited price falling or rising

LUMAXIND NEWS reasons for why stock price of Lumax Industries Limited is falling or rising

LUMAXIND Lumax Industries is falling or rising technical reasons

Technical analysis forecast of Lumax Industries Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Lumax Industries LUMAXIND at this time. Stock is rising and might rise more.

It appears as if Lumax Industries LUMAXIND gave a large move recently.

Stock of Lumax Industries (LUMAXIND) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Lumax Industries is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Lumax Industries stays above 2493.3, but if it comes below 2493.3, then a intra day sell could be more profitable.
If you take a sell trade below 2493.3, then use 2493.3 as stoploss and 2437.46 as target. However if you take a buy trade in Lumax Industries, then use 2493.3 as stoploss and 2560.4 as target.

LUMAXIND Lumax Industries is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-22

Company Announcement Stanley Electric Co Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-18

Company Announcement Anmol Jain has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-12

Company Announcement Lumax Industries Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-12

Company Announcement Thai Stanley Electric Public Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-03

Company Announcement Lumax Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on March 26, 2024. - NEWS as on 2024-03-27

More announcements and NEWS

LUMAXIND Lumax Industries Limited current price & indicator signals

Moving Averages for Lumax Industries Limited

  • 5Day Average: 2442.04
  • 12Day Average: 2469.21
  • 20Day Average: 2446.3
  • 50Day Average: 2375.03
  • 100Day Average: 2448.79
  • 150Day Average: 2409.72
  • 200Day Average: 2352.48

LUMAXIND Indicators & signals

Indicator MACD (12,26,9)

2454.13, 2427.36, 28.1
Indicator MACD is in positive zone

Indicator ADX (14)

10.02, 19.7, 16.12
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LUMAXIND Lumax Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 2501.95 2465.65 to 2550.00 1.95% 1.53 times
23 Tue Apr 2024 2454.15 2423.35 to 2499.90 -0.15% 0.83 times
22 Mon Apr 2024 2457.95 2412.55 to 2475.00 1.39% 0.62 times
19 Fri Apr 2024 2424.15 2363.25 to 2494.80 2.2% 2 times
18 Thu Apr 2024 2372.00 2351.00 to 2492.90 -4.35% 3.17 times
16 Tue Apr 2024 2480.00 2439.05 to 2498.80 0.51% 0.55 times
15 Mon Apr 2024 2467.45 2386.65 to 2489.80 0.27% 0.64 times
12 Fri Apr 2024 2460.75 2452.65 to 2513.00 -1.35% 0.49 times
10 Wed Apr 2024 2494.40 2481.05 to 2549.00 -0.94% 0.67 times
09 Tue Apr 2024 2518.00 2480.00 to 2540.70 0.69% 0.73 times
08 Mon Apr 2024 2500.70 2475.00 to 2518.85 0.07% 0.31 times
05 Fri Apr 2024 2499.05 2466.00 to 2522.10 0.16% 0.54 times

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