(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 2024-12-11 View latest technical analysis
10 day averaged volume of Mahalaxmi Fabric is 355
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 54.81 | 54.21 | 54.81 | 49.59 | 14.411 times |
| 10 Tue Dec 2024 | 52.20 | 52.20 | 52.20 | 52.20 | 0.006 times |
| 09 Mon Dec 2024 | 50.51 | 51.60 | 51.60 | 50.51 | 3.946 times |
| 06 Fri Dec 2024 | 51.60 | 50.00 | 51.60 | 50.00 | 1.566 times |
| 05 Thu Dec 2024 | 51.65 | 50.00 | 51.70 | 50.00 | 1.338 times |
| 04 Wed Dec 2024 | 51.71 | 51.71 | 51.71 | 51.71 | 0.524 times |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 1.755 times |
| 29 Fri Nov 2024 | 51.84 | 51.01 | 51.84 | 51.01 | 0.006 times |
| 28 Thu Nov 2024 | 51.85 | 51.97 | 51.98 | 51.85 | 0.285 times |
| 27 Wed Nov 2024 | 52.23 | 52.25 | 52.25 | 49.88 | 0.318 times |
Stock of Mahalaxmi Fabric (MahalaxmiFabric) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 55 as stoploss in an intra day sell trade for a target of 52.82. However, stock will show a bullish move above 55.
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Downside Target | 52.17 |
| Downside Target | 53.60 |
| Downside Target | 54.81 |
| Upside Target | 57.99 |
| 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 | 51.33 |
| Downside Intraday Target | 47.85 |
| Upside Intraday Target | 56.55 |
| Upside Intraday Target | 58.29 |
| Downside Intraday Target | 53.07 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 54.81 | 51.60 | 54.81 | 49.59 | 3.543 times |
| 06 Fri Dec 2024 | 51.60 | 51.84 | 53.60 | 49.25 | 4.035 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 54.81 | 51.84 | 54.81 | 49.25 | 1.331 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 up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 BUY signal for Mahalaxmi Fabric in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahalaxmi Fabric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahalaxmi Fabric in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 53.18 and Mahalaxmi Fabric (MahalaxmiFabric) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 BUY signal for Mahalaxmi Fabric in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahalaxmi Fabric Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahalaxmi Fabric in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 53.18 and Mahalaxmi Fabric (MahalaxmiFabric) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.
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