(MahalaxmiFabric) Mahalaxmi Fabric complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Fabric | (MahalaxmiFabric) share price targets
Complete technical analysis of Mahalaxmi Fabric (MahalaxmiFabric) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
Showing technical analysis as on 2024-12-02 View latest technical analysis
10 day averaged volume of Mahalaxmi Fabric is 171
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 3.643 times |
| 29 Fri Nov 2024 | 51.84 | 51.01 | 51.84 | 51.01 | 0.012 times |
| 28 Thu Nov 2024 | 51.85 | 51.97 | 51.98 | 51.85 | 0.591 times |
| 27 Wed Nov 2024 | 52.23 | 52.25 | 52.25 | 49.88 | 0.661 times |
| 26 Tue Nov 2024 | 50.00 | 52.49 | 52.49 | 50.00 | 0.532 times |
| 25 Mon Nov 2024 | 52.50 | 50.40 | 52.50 | 50.40 | 0.871 times |
| 22 Fri Nov 2024 | 52.98 | 50.36 | 52.98 | 50.34 | 2.456 times |
| 21 Thu Nov 2024 | 52.98 | 52.98 | 52.98 | 52.98 | 0.596 times |
| 19 Tue Nov 2024 | 52.98 | 52.98 | 52.98 | 52.98 | 0.129 times |
| 18 Mon Nov 2024 | 51.58 | 53.00 | 53.00 | 51.45 | 4.076 times |
Stock of Mahalaxmi Fabric (MahalaxmiFabric) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 48.2, for a target of 51.5 or 54.19
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Upside Target | 52.17 |
| Upside Target | 53.60 |
| Upside Target | 57.99 |
| Upside Target | 58.20 |
| Upside Target | 58.40 |
| Upside Target | 60.85 |
| Upside Target | 90.75 |
| Upside Target | 95.52 |
| Upside Target | 106.00 |
Intraday share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Intraday Target | 47.8 |
| Downside Intraday Target | 46.35 |
| Upside Intraday Target | 52.15 |
| Upside Intraday Target | 55.05 |
| Upside Intraday Target | 50.7 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 1.366 times |
| 29 Fri Nov 2024 | 51.84 | 50.40 | 52.50 | 49.88 | 0.367 times |
| 22 Fri Nov 2024 | 52.98 | 53.00 | 53.00 | 50.34 | 1.465 times |
| 14 Thu Nov 2024 | 54.12 | 57.99 | 57.99 | 52.60 | 0.238 times |
| 08 Fri Nov 2024 | 55.36 | 58.20 | 58.20 | 53.30 | 4.037 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 0.099 times |
| 29 Fri Nov 2024 | 51.84 | 54.51 | 58.40 | 49.88 | 0.989 times |
| 31 Thu Oct 2024 | 55.62 | 60.10 | 60.85 | 52.17 | 0.037 times |
| 30 Mon Sep 2024 | 58.35 | 90.75 | 90.75 | 53.27 | 163.404 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mahalaxmi Fabric (MahalaxmiFabric)
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mahalaxmi Fabric stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mahalaxmi Fabric in short term and the sell signal is strong.
Mahalaxmi Fabric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Fabric in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mahalaxmi Fabric is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.32 and Mahalaxmi Fabric (MahalaxmiFabric) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mahalaxmi Fabric (MahalaxmiFabric) stock. Volume based technical analysis of Mahalaxmi Fabric (MahalaxmiFabric) stock is negative.
Mahalaxmi Fabric Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mahalaxmi Fabric stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mahalaxmi Fabric in short term and the sell signal is strong.
Mahalaxmi Fabric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Fabric in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mahalaxmi Fabric is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.32 and Mahalaxmi Fabric (MahalaxmiFabric) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mahalaxmi Fabric (MahalaxmiFabric) stock. Volume based technical analysis of Mahalaxmi Fabric (MahalaxmiFabric) stock is negative.
Mahalaxmi Fabric Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Mahalaxmi Fabric charts
Click here for further forecast and predictions for tomorrow