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Lumax Industries Limited

LUMAXIND.BO Technical Analysis Summary (BSE)

Analyze LUMAXIND.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

LUMAXIND.BO●BSE
Consumer CyclicalAuto - Parts
₹5673.70
₹123.75(2.23%)
Indian Market opens in 5h 40m

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LUMAXIND.BO Technical Analysis Summary (BSE)

Lumax Industries Limited (BSE: LUMAXIND.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.54)
Trend Strength:Weak (ADX: 18.63)
Volatility:Medium (ATR: 175.05)
Support/Resistance:$4926.97 – $5630.49 (Bollinger Bands)

Technical conditions suggest Lumax Industries Limited on the BSE is awaiting a decisive move. Technical conditions suggest Lumax Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 57.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.44

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.88

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.37

Bullish
Steady upward momentum.

Takeaway:Lumax Industries Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -32.29

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.63

Weak
Weak trend, market trading sideways.

ATR (14): 175.05

Rising
Rising volatility, market activity increasing.

CCI (14): 135.99

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Lumax Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5630.49
Middle Band (SMA 20)
$5278.73
Lower Band
$4926.97
Current Position
Above Upper Band

Takeaway:Lumax Industries Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$5695.68
Middle Line (EMA 20)
$5345.58
Lower Channel
$4995.47
Squeeze Status
No Squeeze

Takeaway:Lumax Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-9.97K
Money Flow Index42.33Neutral, balanced money flows with no clear signal.
Relative Vigor Index67.39Bullish, price momentum strongly favors buyers.

Overall Takeaway:LUMAXIND.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Lumax Industries Limited (BSE: LUMAXIND.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Lumax Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: LUMAXIND.BO) Technical Analysis FAQ