Lumax Auto Technologies Ltd.: Navigating the Waves of Automotive Excellence Let's dive into the world of Lumax Auto Technologies Ltd., a stalwart in the realm of automotive components. About Lumax Auto Technologies: Lumax Auto Technologies Limited, a proud member of the Lumax-DK Jain Group, stands as a market leader in crafting automotive components. With...
NSE:LUMAXTECH ✅ #LUMAXTECH trading above Resistance of 308 ✅ Next Resistance is at 368 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
LumaxTech gives multi year breakout. Buy when it retest or re-traces to breakout levels
Cup and handle breakout in Lumax Auto tech Ltd with high volume...
Stock Name - Lumax Auto Technologies Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 275 #This is not Buy and Sell recommendation to any one. This is for...
1.Formation of cup pattern 2.Volume of the stock is good 3.Strong resistance @274 once it break it will go till 281,285 lumaxtech recommended for btst trade
# LUMAX AUTO TECH NEWS Acquisition of IAC International Automotive allows us to move up the value chain. We can do revenue of ₹3,500 crore with 13% EBITDA margin in FY25, & looking at doubling the aftermarket revenue in 3 years, says Anmol Jain of Lumax Auto Technologies. THE STOCK BROKEN THE DOWNTRENDLINE WITH GOOD VOLUME. ALSO HOLD ABOVE THE 200 EMA...
Downtrend trendline broken in Lumax Auto Technologies Limited with very high volume.
LUMAXTECH as per Day Chart Analysis Stock ABOVE 274 TARGET 279. Happy Profitable Trading to All...
We can observe that the price has successfully closed above the previous 52 Week's high price which was a major supply zone and the price has reversed from that zone couple of times. Increased volume gives confirmation for zone breakout. The stock has the capacity to make nearly50-60% up move in the coming days. Trade set-up 1) Ideal entry price would be...
Stock Name - Lumax Auto Technologies Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 273 #This is not Buy and Sell recommendation to any one. This is for...
Lumax Auto Tech- Ascending Triangle Pattern Breakout Weekly Time Frame. Only Education Purpose.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Lumax Auto Technologies is forming an inverse head and shoulder pattern on the daily time frame. Price has shown strength with strong closing with good volumes. SL 158 Target 206
This stock has formed the classic cup and handle pattern indicating a possibility of a breakout. Stop loss can be maintained at 158, which is the bottom of the handle. Supporting Technicals: RSI: 65.6 ( Bullish but not overbought) MACD is above its center and signal Line, this is a bullish indicator. P.S: This idea is for educational purposes only and should...
Positional Trade: Lumax Auto breaks out of a symmetrical Triangle. CMP: 167.25 Stop Loss: 158
Keep on radar as stock is about to give a breakout on trendline and also can give a cup n handle breakout. Enter in trade after breakout or above 174, FIIs are also increasing their stake in every quarter can give more than 50% return in 3-6 months.