(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 2024-12-18 View latest technical analysis
10 day averaged volume of Mahalaxmi Fabric is 1520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 56.19 | 58.75 | 59.99 | 56.15 | 4.156 times |
| 17 Tue Dec 2024 | 58.99 | 56.35 | 58.99 | 56.00 | 0.441 times |
| 16 Mon Dec 2024 | 56.35 | 61.08 | 61.08 | 56.30 | 1 times |
| 13 Fri Dec 2024 | 59.24 | 60.42 | 60.42 | 55.20 | 2.445 times |
| 12 Thu Dec 2024 | 57.55 | 54.83 | 57.55 | 54.83 | 1.026 times |
| 11 Wed Dec 2024 | 54.81 | 54.21 | 54.81 | 49.59 | 3.366 times |
| 10 Tue Dec 2024 | 52.20 | 52.20 | 52.20 | 52.20 | 0.001 times |
| 09 Mon Dec 2024 | 50.51 | 51.60 | 51.60 | 50.51 | 0.922 times |
| 06 Fri Dec 2024 | 51.60 | 50.00 | 51.60 | 50.00 | 0.366 times |
| 05 Thu Dec 2024 | 51.65 | 50.00 | 51.70 | 50.00 | 0.313 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 56.2 as stoploss in an intra day sell trade for a target of 53.37. However, stock will show a bullish move above 56.2.
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Downside Target | 52.17 |
| Downside Target | 56.00 |
| Upside Target | 58.40 |
| Upside Target | 60.42 |
| Upside Target | 60.85 |
| Upside Target | 61.08 |
| 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 | 54.43 |
| Downside Intraday Target | 52.68 |
| Upside Intraday Target | 59.51 |
| Upside Intraday Target | 62.84 |
| Upside Intraday Target | 57.76 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 56.19 | 61.08 | 61.08 | 56.00 | 0.721 times |
| 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 |
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 |
| 18 Wed Dec 2024 | 56.19 | 51.84 | 61.08 | 49.25 | 3.526 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 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 to mid 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Fabric in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 55.99 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 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 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 to mid 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Fabric in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 55.99 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.
Click here for Mahalaxmi Fabric charts
Click here for further forecast and predictions for tomorrow