Please 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
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 educational purpose not any personal recommendation for the mentioned stock.
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 stock will trade in blue sky zone. The stock is looking very good in...
LUMAXTECH 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.
Lumax 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 184 and 194. Need to be careful about the low liquidity of the...
Strong 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
👉Lumax Auto Technologies is engaged in the business of Automotive Lamps, Plastic Moulded Parts and Frame Chassis.
👉 Company is almost debt free.
👉If weekly closing will happen best stock for 50% return.
👉Pattern inside a pattern high probability bullish set up.
👉Wait for breakout confirmation.
