Bouncing on each 20ema dip .. Personally long on this script (a very small SL of 2% with a reward of 9-10% .
LUMAXTECH has broken the resistance level and now giving us the target of 309 and further you can plan your trade according to you
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.
LUMAX AUTO TECHNOLOGY as per day chart analysis Stock ABOVE 238 TARGET 240 Happy profitable Trading to All...
LUMAXTECH as per Day Chart Analysis Stock ABOVE 274 TARGET 279. Happy Profitable Trading to All...
Small trade opportunity in LUMAXTECH. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately. Target 1: 260 Target 2: 300 Stoploss: 200 Happy Trading!
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...
Parallel Channel Breakout in Weekly. S-Retracement Completed as well
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...
FORMING INVERSE HEad and shoulder only for education purpose
Lumaxtech is finally giving breakout of cup & handle pattern in monthly time frame, i'm waiting for monthly candle closing and if at the month end, there'll be strong candle closing, i'll go long.
Lumax Auto Tech- Ascending Triangle Pattern Breakout Weekly Time Frame. Only Education Purpose.
4 Years #Multiyear #Breakout in #lumaxtech (Lumax Auto Technologies Ltd). #LUMAXTECH is #Outperformed #Nifty in current scenario. BSE: 532796 / NSE : LUMAXTECH ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest...
Lumax auto share is about to breakout its levels it seems breakout will be LEGIT because there is consolidation going on, we can expect a immediate target of 280.
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...