Lumax Auto Technologies – Fresh Breakout & Retest Opportunity

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Lumax Auto Technologies has given a clean breakout above the 1,200–1,230 resistance zone and is now retesting the breakout on the weekly chart. Structure remains strong with higher highs and higher lows — showing continuation of the uptrend.
MACD is stabilizing after a healthy correction, suggesting momentum could rebuild soon.

📊 Swing Trade Setup
Entry Zone: 1,260–1,280
Stop Loss (SL): 1,215 (Weekly closing basis)
Targets: 🎯 1,400 / 1,500 / 1,600
View: As long as the stock holds above 1,215, trend remains bullish with potential for new highs in the coming weeks.

Penafian

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