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Lumax Industries Share Price Target - Tomorrow, Next Week & Next Month

Lumax Industries Limited

Company LogoSymbol: LUMAXIND
Price: ₹2,589.35
Exchange: NSE
Consumer Cyclical -> Auto Parts
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Lumax Industries Recent Performance

Over the past 25 trading days, the value of Lumax Industries's stock has decreased by ₹99.40 (-3.70%). On 12 Sep 2024, one share was worth ₹2688.75 and by 17 Oct 2024, the value dropped to ₹2589.35. During this period it created a highest high of ₹2852.85 and lowest low of ₹2391.50.

Below Image represents line chart of daily close price of Lumax Industries, helping you visualize how the price has changed day by day.

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Lumax Industries Recent Daily Close Chart

Chart: Lumax Industries Share Price Target - Tomorrow

Lumax Industries Targets For Tomorrow Chart

The line chart displays the Lumax Industries daily closing prices for the past 25 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Lumax Industries shares for Thu 17 Oct 2024, see the table below.

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Table: Lumax Industries Share Price Target - Tomorrow

By analyzing Lumax Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 18 Oct, 2024!

Lumax Industries's LevelsValueReason/Importance
Tomorrow Target 32673.69 (+3.25%)Price Action: 19 Sep 2024 Low
Tomorrow Target 22645.50 (+2.16%)Price Action: Sep 2024 High
Tomorrow Target 12616.43 (+1.04%)Technical Indicator: MA250
Current Price2589.35Lumax Industries's 1 share price as of Thu 17 Oct 2024
Stop Loss 12581.37 (-0.31%)Fibonacci Retracement Level 50%
Stop Loss 22574.00 (-0.6%)Price Action: Apr 2024 High
Stop Loss 32558.47 (-1.2%)Fibonacci Retracement Level 78.6%

Summary: Lumax Industries Share Price Prediction For Tomorrow

Thu 17 Oct 2024: Lumax Industries finished the day at ₹2589.35, losing ₹-6.95 (-0.27%) in 1 day.

In summary, our analysis of Lumax Industries for tomorrow predicts a rise of 1.04% to 3.25% with three potential targets T1: ₹2616.43, T2: ₹2645.50, T3: ₹2673.69 and Stop-Loss (SL) at SL1: ₹2581.37, SL2: ₹2574.00, SL3: ₹2558.47.

Additionally, we've identified a support level at ₹2541.35 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹2621.39, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Lumax Industries.

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Chart: Lumax Industries Share Price Target - Next Week

Lumax Industries Targets For Next Week Chart

The chart displays the Lumax Industries weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Lumax Industries shares for next week, see the table below.

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Table: Lumax Industries Share Price Target - Next Week

By analyzing Lumax Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

Lumax Industries's LevelsValueReason/Importance
Next Week Target 32690.42 (+3.9%)Technical Indicator: MA150
Next Week Target 22661.50 (+2.78%)Price Action: 25 Sep 2024 Low
Next Week Target 12631.06 (+1.61%)Custom Fibonacci Extension Lvl 23.6%
Current Price2589.35Lumax Industries's 1 share price as of Thu 17 Oct 2024
Stop Loss 12575.39 (-0.54%)Price Action: 15 Oct 2024 High
Stop Loss 22541.35 (-1.86%)Price Action: Oct 2024 Low
Stop Loss 32507.75 (-3.16%)Price Action: 11 Oct 2024 High

Summary: Lumax Industries Share Price Prediction For Next Week

As of Thu 17 Oct 2024, Lumax Industries share price stands at ₹2589.35, gaining ₹122.46 (+4.96%) in this week.

In summary, our analysis of Lumax Industries for next week predicts a rise of 1.61% to 3.9% with three potential targets T1: ₹2631.06, T2: ₹2661.50, T3: ₹2690.42 and Stop-Loss (SL) at SL1: ₹2575.39, SL2: ₹2541.35, SL3: ₹2507.75.

Additionally, we've identified a support level at ₹2457.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹2621.39, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Lumax Industries.

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Chart: Lumax Industries Share Price Target - Next Month

Lumax Industries Targets For Next Month Chart

The chart displays the Lumax Industries monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Lumax Industries shares for next month, see the table below.

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Table: Lumax Industries Share Price Target - Next Month

By analyzing Lumax Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

Lumax Industries's LevelsValueReason/Importance
Next Month Target 32748.00 (+6.12%)Price Action: 13 Sep 2024 High
Next Month Target 22713.00 (+4.77%)Price Action: 26 Sep 2024 High
Next Month Target 12685.55 (+3.71%)Price Action: 13 Sep 2024 Low
Current Price2589.35Lumax Industries's 1 share price as of Thu 17 Oct 2024
Stop Loss 12560.00 (-1.14%)Price Action: 14 Oct 2024 High
Stop Loss 22533.00 (-2.18%)Price Action: 16 Oct 2024 Low
Stop Loss 32502.30 (-3.37%)Price Action: 10 Oct 2024 High

Summary: Lumax Industries Share Price Prediction For Next Month

As of Thu 17 Oct 2024, Lumax Industries share price stands at ₹2589.35, losing ₹-0.90 (-0.03%) in this month.

In summary, our analysis of Lumax Industries for next month predicts a rise of 3.71% to 6.12% with three potential targets T1: ₹2685.55, T2: ₹2713.00, T3: ₹2748.00 and Stop-Loss (SL) at SL1: ₹2560.00, SL2: ₹2533.00, SL3: ₹2502.30.

Additionally, we've identified a support level at 2541.35 — think of this as a safety net where the price might stop falling and there's also a resistance level at 2852.85, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Lumax Industries, we created a specific page for that check here: Lumax Industries Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Lumax Industries short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Lumax Industries Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter