(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)
10 day averaged volume of Mahalaxmi Fabric is 1002
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 59.24 | 60.42 | 60.42 | 55.20 | 3.709 times |
| 12 Thu Dec 2024 | 57.55 | 54.83 | 57.55 | 54.83 | 1.556 times |
| 11 Wed Dec 2024 | 54.81 | 54.21 | 54.81 | 49.59 | 5.106 times |
| 10 Tue Dec 2024 | 52.20 | 52.20 | 52.20 | 52.20 | 0.002 times |
| 09 Mon Dec 2024 | 50.51 | 51.60 | 51.60 | 50.51 | 1.398 times |
| 06 Fri Dec 2024 | 51.60 | 50.00 | 51.60 | 50.00 | 0.555 times |
| 05 Thu Dec 2024 | 51.65 | 50.00 | 51.70 | 50.00 | 0.474 times |
| 04 Wed Dec 2024 | 51.71 | 51.71 | 51.71 | 51.71 | 0.186 times |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 0.622 times |
| 29 Fri Nov 2024 | 51.84 | 51.01 | 51.84 | 51.01 | 0.002 times |
Stock of Mahalaxmi Fabric (MahalaxmiFabric) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.3, for a target of 55.4 or 52.93
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Downside Target | 52.17 |
| Downside Target | 53.60 |
| Downside Target | 57.99 |
| Downside Target | 58.40 |
| Upside Target | 60.42 |
| 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 | 52.41 |
| Downside Intraday Target | 45.59 |
| Upside Intraday Target | 63.24 |
| Upside Intraday Target | 67.25 |
| Downside Intraday Target | 56.42 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 59.24 | 51.60 | 60.42 | 49.59 | 6.41 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 |
| 13 Fri Dec 2024 | 59.24 | 51.84 | 60.42 | 49.25 | 2.171 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, and volume has increased substantially. This means that the move can 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mahalaxmi Fabric stock for short term is BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mahalaxmi Fabric is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.35 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 positive
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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mahalaxmi Fabric stock for short term is BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mahalaxmi Fabric is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.35 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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