LUMAXTECH Swing trading opportunity on re-testLUMAXTECH Swing trading opportunity on re-test with tight stoploss
#riskytrade in current market scenario
15.35INR
928.75 MINR
18.47 BINR
30.00 M
About LUMAX AUTO TECHNOLOGIES LTD.
Sector
Industry
CEO
Vikas Marwah
Website
Headquarters
New Delhi
Employees (FY)
923
Founded
1981
ISIN
INE872H01027
FIGI
BBG000C111Y2
Lumax Auto Technologies Ltd. engages in the manufacture and trade of automotive components. Its products include two-wheeler chassis, electrical and electronics components, gear shifters, intake system, integrated plastic modules, and oxygen sensor. The company was founded on October 30, 1981 and is headquartered in New Delhi, India.
Trendline Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Lumax Auto- Long-term BOBreak out of the long term trendline with a rapid move.
Entered new Gann box and Fann levels
RSI and MACD in bullish zone
Lumax Auto After a significant correction in the stock and now seems ready to fly 🕊️ l 💸
Weekly close above 30∅ will attract more bulls to this stock
TGT 350- 420-480+
So for me its a buy with sl at 202 (Long term) and below 245 for mid terms
Its time to add this into your watchlist for sure ✅
Note : For edu
Bull Circle: lumax auto: Multi year breakout candidateLumax auto has given a multi-year breakout from the previous all-time high. Long term view looks positive.
Chart of the week. Lumax Auto (15/7/22)As I'm extremely bullish on auto sector, I found one more star in this week. Lumax has given breakout this week. 210 was its all time high and since August 18 the stock was trading below 210. This is a very good time to invest money in this stock because CNX Auto index has given breakout plus the st
LUMAXTECH NSE BULLISHVIEW ABOVE 207 CMP 213LUMAXTECH NSE is bullish if 207 holds. New 52 week High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
Stock for Swing Trading Lumax Auto Technologies LimitedLumax Auto Technologies Limited can be a good choice for swing trading for next week. This stock is trading over its monthly CPR, and will be above NEXT week’s CPR if able to sustain the level of 176, and daily RSI has crossed 60. Can be bought above 176, with stop loss of 170 and target levels of
Long Term - Cup Breakout StocksLumaxtech
4 Years Cup Ready for Breakout
Entry , Sl & Target are given...
Head & Shoulder Pattern Formation on Weekly Time FrameStrong Fundamentals, looking bullish on multi time frame, given Auto Sector is trending, expecting a good move abv 170 which is a channel breakout.. stock retesting few times... my view is strongly bullish in few weeks.. my recommendation for long with a target of 230
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Frequently Asked Questions
The current price of LUMAXTECH is 468.60 INR — it has increased by 3.41% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange LUMAX AUTO TECHNOLOGIES LTD. stocks are traded under the ticker LUMAXTECH.
LUMAX AUTO TECHNOLOGIES LTD. is going to release the next earnings report on May 28, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for LUMAX AUTO TECHNOLOGIES LTD. has a max estimate of 580.00 INR and a min estimate of 578.00 INR.
LUMAXTECH earnings for the last quarter are 4.00 INR whereas the estimation was 3.30 INR which accounts for 21.21% surprise. Estimated earnings for the next quarter are 4.60 INR. See more details about LUMAX AUTO TECHNOLOGIES LTD. earnings.
LUMAX AUTO TECHNOLOGIES LTD. revenue for the last quarter amounts to 7.00 B INR despite the estimated figure of 6.85 B INR. In the next quarter revenue is expected to reach 7.19 B INR.
Yes, you can track LUMAX AUTO TECHNOLOGIES LTD. financials in yearly and quarterly reports right on TradingView.
Like other stocks, LUMAXTECH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LUMAX AUTO TECHNOLOGIES LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 923.00 employees. See our rating of the largest employees — is LUMAX AUTO TECHNOLOGIES LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LUMAX AUTO TECHNOLOGIES LTD. EBITDA is 3.33 B INR, and current EBITDA margin is 10.99%. See more stats in LUMAX AUTO TECHNOLOGIES LTD. financial statements.