1.01%
106.60INR
1.031BINR
23.195BINR
2.042M
About LUMAX INDUSTRIES LTD.
Sector
Industry
CEO
Vishnu Johri
Website
Headquarters
New Delhi
Employees (FY)
5.722K
Founded
1945
ISIN
INE162B01018
Lumax Industries Ltd. is a holding company, which engages in the manufacture, trading, and supply of automotive lighting systems for four wheeler and two wheeler vehicles. Its products include head lamps, rear lamps, sundry lamps, and auxiliary lamps. The company was founded by Sagar Chand Jain in 1945 and is headquartered in New Delhi, India.
Lumax Industries Limited LUMAXIND:- Stock has formed double bottom and w pattern on monthly chart. keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like sha
Breakout in Lumax Industries Ltd...Chart is 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. This is not buying or selling recommendations. I am
Buy Today, Sell Tomorrow: LUMAXINDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or cl
Lumax Industries: a probable long tradeLumax Industries #lumaxind is another potential #multibagger with the multiyear #breakout. CWIP increasing and OPM is gradually increasing as well. Strong promoter holding and a manageable debt.
SL~ 1220 WCLBS
#lumaxindustries #investing #stockmarketindia #nifty
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