*Lumax Inds cmp 2351.50 by Weekly Chart view*
- Support Zone 2250 to 2300 Price Band
- 5 1/2 years long Bullish Rounding Bottom with a Double Bottom W pattern, as one may observe
- Weekly basis Support seen at 2155 > 1860 > 1640 with the Resistance is seen at 2570 > ATH 3033
- Stock Price is Below EMA 21, 50 but well above EMA 100 and 200 and the Support Zone seems a decent level for probable upside reversal
- Support Zone 2250 to 2300 Price Band
- 5 1/2 years long Bullish Rounding Bottom with a Double Bottom W pattern, as one may observe
- Weekly basis Support seen at 2155 > 1860 > 1640 with the Resistance is seen at 2570 > ATH 3033
- Stock Price is Below EMA 21, 50 but well above EMA 100 and 200 and the Support Zone seems a decent level for probable upside reversal
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