(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 2024-12-31 View latest technical analysis
10 day averaged volume of Mahalaxmi Fabric is 1453
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 49.40 | 51.00 | 51.00 | 49.40 | 0.55 times |
| 30 Mon Dec 2024 | 52.00 | 53.00 | 53.00 | 51.30 | 0.796 times |
| 27 Fri Dec 2024 | 54.00 | 53.04 | 55.80 | 50.50 | 0.873 times |
| 26 Thu Dec 2024 | 53.15 | 55.94 | 55.94 | 53.15 | 0.193 times |
| 24 Tue Dec 2024 | 55.94 | 58.20 | 58.20 | 55.94 | 0.089 times |
| 23 Mon Dec 2024 | 58.88 | 58.10 | 58.88 | 58.10 | 0.094 times |
| 20 Fri Dec 2024 | 58.88 | 59.35 | 59.35 | 55.60 | 2.089 times |
| 19 Thu Dec 2024 | 58.50 | 58.50 | 58.50 | 56.00 | 0.012 times |
| 18 Wed Dec 2024 | 56.19 | 58.75 | 59.99 | 56.15 | 4.348 times |
| 17 Tue Dec 2024 | 58.99 | 56.35 | 58.99 | 56.00 | 0.461 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.2, but if it comes above 51.2, then a intra day buy could be more profitable.
If you take a sell trade below 51.2, then use 51.2 as stoploss and 47.2 as target. However if you take a buy trade in stock , then use 51.2 as stoploss and 54.54 as target.
Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)
| Target Type | Value |
| Downside Target | 49.25 |
| Upside Target | 52.17 |
| Upside Target | 55.60 |
| Upside Target | 58.40 |
| Upside Target | 58.88 |
| 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 | 48.2 |
| Downside Intraday Target | 47 |
| Upside Intraday Target | 51.8 |
| Upside Intraday Target | 54.2 |
| Upside Intraday Target | 50.6 |
Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 49.40 | 53.00 | 53.00 | 49.40 | 1.078 times |
| 27 Fri Dec 2024 | 54.00 | 58.10 | 58.88 | 50.50 | 0.157 times |
| 20 Fri Dec 2024 | 58.88 | 61.08 | 61.08 | 55.60 | 0.98 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 |
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 |
| 31 Tue Dec 2024 | 49.40 | 51.84 | 61.08 | 49.25 | 4.612 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, 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
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 55.94 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
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 55.94 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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