(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 2024-12-09 View latest technical analysis
10 day averaged volume of Mahalaxmi Fabric is 272
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 50.51 | 51.60 | 51.60 | 50.51 | 5.151 times |
| 06 Fri Dec 2024 | 51.60 | 50.00 | 51.60 | 50.00 | 2.044 times |
| 05 Thu Dec 2024 | 51.65 | 50.00 | 51.70 | 50.00 | 1.746 times |
| 04 Wed Dec 2024 | 51.71 | 51.71 | 51.71 | 51.71 | 0.684 times |
| 02 Mon Dec 2024 | 49.25 | 51.84 | 53.60 | 49.25 | 2.29 times |
| 29 Fri Nov 2024 | 51.84 | 51.01 | 51.84 | 51.01 | 0.007 times |
| 28 Thu Nov 2024 | 51.85 | 51.97 | 51.98 | 51.85 | 0.371 times |
| 27 Wed Nov 2024 | 52.23 | 52.25 | 52.25 | 49.88 | 0.415 times |
| 26 Tue Nov 2024 | 50.00 | 52.49 | 52.49 | 50.00 | 0.335 times |
| 25 Mon Nov 2024 | 52.50 | 50.40 | 52.50 | 50.40 | 0.548 times |
Stock of Mahalaxmi Fabric (MahalaxmiFabric) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.7, but if it comes above 50.7, then a intra day buy could be more profitable.
If you take a sell trade below 50.7, then use 50.7 as stoploss and 48 as target. However if you take a buy trade in stock , then use 50.7 as stoploss and 52.99 as target.
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Upside Target | 51.60 |
| Upside Target | 53.27 |
| Upside Target | 53.60 |
| 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 | 50.15 |
| Downside Intraday Target | 49.78 |
| Upside Intraday Target | 51.24 |
| Upside Intraday Target | 51.96 |
| Upside Intraday Target | 50.87 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 50.51 | 51.60 | 51.60 | 50.51 | 0.761 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 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 |
| 09 Mon Dec 2024 | 50.51 | 51.84 | 53.60 | 49.25 | 0.516 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 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 short 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 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 losing 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. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 50.83 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 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 short 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 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 losing 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. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 50.83 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.
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