Munafa Lumax Auto Technologies Limited (LUMAXTECH) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Lumax Auto Technologies Limited (LUMAXTECH) Indicator analysis

Lumax Auto Technologies Limited stock tips (delivery Volume analysis)

Total 5 day volume for Lumax Auto Technologies Limited is 1414874, out of which 444598 went into delivery, which is 31.42 percent of total volumes

Volumes in the last session was 146583, out of which 40918 went into delivery, which is 27.91 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Lumax Auto LUMAXTECH intraday stock tips

23 Monday March Stock tips for Lumax Auto Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

My analysis of Lumax Auto is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1442.4 as stoploss in an intra day buy trade for a target of 1548.41. However, stock will show a bearish move below 1442.4.

20 Friday March Stock tips for Lumax Auto (LUMAXTECH) Stock 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.

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

My analysis of Lumax Auto is bullish for shortterm, and stock might move up till 1664.5 or till 1795.1. Use a stoploss of 1555.57 and if this stock hits its stoploss, then it can fall down till 1446.67

19 Thursday March Stock tips for Lumax Auto (LUMAXTECH) Stock 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.

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

My analysis of Lumax Auto is bullish for shortterm, and stock might move up till 1664.7 or till 1797.1. Use a stoploss of 1554.26 and if this stock hits its stoploss, then it can fall down till 1443.86

18 Wednesday March Stock tips for Lumax Auto (LUMAXTECH) Stock 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.

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

My analysis of Lumax Auto is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1664.8 as stoploss in an intra day sell trade for a target of 1552.05. However, stock will show a bullish move above 1664.8.

17 Tuesday March Stock tips for Lumax Auto (LUMAXTECH) Stock 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.

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

My analysis of Lumax Auto is bullish for shortterm, and stock might move up till 1654.3 or till 1789.2. Use a stoploss of 1541.83 and if this stock hits its stoploss, then it can fall down till 1429.39

16 Monday March Stock tips for Lumax Auto Stock 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...

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

My analysis of Lumax Auto is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1426.7 as stoploss in an intra day buy trade for a target of 1539.7. However, stock will show a bearish move below 1426.7.

13 Friday March Stock tips for Lumax Auto Stock 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...

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

My analysis of Lumax Auto is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Lumax Auto stays below 1440.6, but if it comes above 1440.6, then a intra day buy could be more profitable.
If you take a sell trade below 1440.6, then use 1440.6 as stoploss and 1310.6 as target. However if you take a buy trade in Lumax Auto, then use 1440.6 as stoploss and 1548.88 as target.

Lumax Auto LUMAXTECH tips for tomorrow

Tomorrow's movement Prediction of Lumax Auto LUMAXTECH appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Lumax Auto LUMAXTECH is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 1481.25

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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