LUMAXTECH NEWS why is Lumax Auto Technologies Limited price falling or rising

LUMAXTECH NEWS reasons for why stock price of Lumax Auto Technologies Limited is falling or rising

LUMAXTECH Lumax Auto is falling or rising technical reasons

Technical analysis forecast of Lumax Auto 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 Auto LUMAXTECH at this time. Stock is rising and might rise more.

It appears as if Lumax Auto LUMAXTECH gave a large move recently.

Stock of Lumax Auto (LUMAXTECH) 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 Auto is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Lumax Auto stays above 484.7, but if it comes below 484.7, then a intra day sell could be more profitable.
If you take a sell trade below 484.7, then use 484.7 as stoploss and 472.86 as target. However if you take a buy trade in Lumax Auto, then use 484.7 as stoploss and 498.8 as target.

LUMAXTECH Lumax Auto is falling or rising NEWS fundamental reasons

Company Announcement Lumax Auto Technologies Limited has informed the Exchange about Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024. - NEWS as on 2024-04-12

Company Announcement - NEWS as on 2024-03-28

Company Announcement Lumax Auto Technologies Limited has informed the Exchange regarding Effectiveness of the Scheme of Amalgamation between IAC International Automotive India Private Limited and Lumax Integrated Ventures Private Limited and their respective Shareholders and C - NEWS as on 2024-03-19

Company Announcement Lumax Auto Technologies Limited has informed the Exchange about Transcript of Analysts/Investor Earnings Conference Call which was held on Wednesday, February 14, 2024 at 02:30 P.M. (IST) - NEWS as on 2024-02-22

Company Announcement Lumax Auto Technologies Limited has informed the Exchange about Credit Rating - NEWS as on 2024-02-21

Company Announcement Lumax Auto Technologies Limited has informed the Exchange about Audio Recording Link of Earnings Conference Call for Q3 and Nine Months ended December 31, 2023 - NEWS as on 2024-02-15

Company Announcement Lumax Auto Technologies Limited has informed the Exchange regarding Inauguration of the New Plant at Chakan (Pune), Maharashtra of Lumax Cornaglia Auto Technologies Private Limited, Subsidiary of the Company. - NEWS as on 2024-02-07

More announcements and NEWS

LUMAXTECH Lumax Auto Technologies Limited current price & indicator signals

Moving Averages for Lumax Auto Technologies Limited

  • 5Day Average: 479.57
  • 12Day Average: 471.99
  • 20Day Average: 476.66
  • 50Day Average: 463.74
  • 100Day Average: 425.23
  • 150Day Average: 405.83
  • 200Day Average: 399.16

LUMAXTECH Indicators & signals

Indicator MACD (12,26,9)

475.97, 470.26, 5.11
Indicator MACD is in positive zone

Indicator ADX (14)

28.72, 29.77, 16.49
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LUMAXTECH Lumax Auto Technologies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 488.75 488.00 to 515.00 -0.87% 5.63 times
24 Wed Apr 2024 493.05 477.30 to 499.30 4.11% 2.5 times
23 Tue Apr 2024 473.60 471.70 to 479.20 -1.09% 0.7 times
22 Mon Apr 2024 478.80 466.90 to 484.50 3.27% 1.15 times
19 Fri Apr 2024 463.65 448.95 to 470.00 1.28% 0.98 times
18 Thu Apr 2024 457.80 455.50 to 471.90 -2.36% 0.63 times
16 Tue Apr 2024 468.85 447.10 to 478.45 3.51% 1.18 times
15 Mon Apr 2024 452.95 442.20 to 462.20 -2.59% 1.08 times
12 Fri Apr 2024 465.00 462.75 to 475.70 -1.03% 0.54 times
10 Wed Apr 2024 469.85 467.50 to 479.90 -1.61% 0.66 times
09 Tue Apr 2024 477.55 474.00 to 484.10 0.75% 0.59 times
08 Mon Apr 2024 474.00 471.35 to 481.05 -0.64% 0.96 times

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LUMAXTECH NEWS why is Lumax Auto Technologies Limited price falling or rising

 

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