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Luxindustries

Buy Lux Industries 40% returnLux Industries chart if back-tested shows that it has traded in a range between two price points 1123 and 1559. The range is around 40% wide and today the stock has touched the bottom of the range. After touching this price it has touched 1559 in a short period of time in the past for a total 4 times. The years in which the range was covered are 2017, 2019,2020 and the latest being 2023 itself. In 2023 it made a bottom at this price and then bounced back. History will repeat itself and the stock will again touch 1559 very soon. Hope you like my analysis. Please do your own analysis before investing. Do like and follow. Thank you.
NSE:LUXINDLong
by ronak16125
Lux Industries What a Move TodayHappy Deepawali to all of you I wanted to share some exciting investment insights with you, and I want to preface by stating that I am not a financial advisor, and the information provided here is solely for educational and informational purposes. Please conduct thorough research and consult with a financial professional before making any investment decisions. The Lux Industries stock has shown promising signs as a potential investment opportunity. It completed its (2)nd wave at the intermediate degree on March 31, 2023, and since then, it has initiated an impulsive move for its (3)rd wave. Additionally, it has completed its wave 1 and 2 at the minor degree and is currently in the minor degree wave 3. Today's market movement indicates a minute degree (i), which concluded at a high of 1530, followed by a sharp correction in wave (ii). According to the Fibonacci series, the stock appears to be at or near its bottom, as indicated on the chart. I would like to emphasize that investing in the stock market involves risk, and it's essential to perform your due diligence, consider your risk tolerance, and have a well-thought-out investment strategy. Lux Industries investment opportunity holds special significance for me, and I want to extend my sincere gratitude to all my followers on TradingView for your support, likes, and comments. Your encouragement is greatly appreciated, and I am grateful for the opportunity to share these insights with you. Lastly, I would like to express my appreciation to the team at @ TradingView for providing a wonderful platform that facilitates sharing knowledge and ideas within the trading community. Wishing you a prosperous and joyous Deepawali, filled with wealth and happiness. May your investments be fruitful and your financial journey successful. Thanks and warm regards
NSE:LUXINDLong
by imkhushal
Is this trying to form the impulse for 3rd?Hello everyone, I've recently analyzed Lux Industries' stock chart using Elliott Wave theory, and I'd like to share my findings with you. On March 31, 2023, the stock reached a low of 1111, which appears to mark the end of wave 2. Since hitting that low, the stock has initiated a minute wave 1 and is currently in the process of forming wave 2 of minute degree. One interesting observation is that during this process, the stock created an ending diagonal pattern at the bottom, which is defined by a downward-sloping channel. This ending diagonal consists of five waves, with the first wave being the longest, and the third wave being smaller than the first, and the fifth wave being the smallest. This pattern is typically a sign that a correction is coming to an end. In terms of price projections, in the short term, I anticipate that Lux Industries may reach a target range of 1868 to 2243. Please keep in mind that this analysis is for informational purposes only and should not be considered as financial advice. It's always important to do your own research and consult with a financial advisor before making any investment decisions. We may or may not have position in the stock under analysis. Thank you for your attention, and please trade responsibly.
NSE:LUXINDLong
by imkhushal
1
LUXIND - Bullish Consolidation BreakoutNSE: LUXIND is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:LUXINDLong
by BrahmaBull31
LUX INDUSTRIES Trend AnalysisA small cap company with strong fundamentals. Technically neutral as price is consolidating near KEY SUPPORT level at golden FIB zone after a long term downtrend. Bullish divergence with RSI indicating the price is bottoming out in confluence with the edge of the pitchfork. Good to accumulate around 1630-1730 levels for the following targets: Short term swing target @ 3500 (106% ROI) Medium term swing target @ 4300 (153% ROI) Long term positional target @ 5460 (221% ROI) Do your own due diligence before taking any action. Peace!!
NSE:LUXINDLong
by Swastik24
3