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(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 2025-04-29 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 2616

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	34.00	34.06	34.06	33.80	1.912 times
28 Mon Apr 2025	32.44	31.00	32.48	31.00	0.136 times
25 Fri Apr 2025	31.00	31.00	31.00	31.00	0.003 times
24 Thu Apr 2025	31.00	32.00	32.00	30.67	0.054 times
22 Tue Apr 2025	30.82	29.69	31.17	28.21	8.44 times
21 Mon Apr 2025	29.69	29.80	29.80	28.02	0.098 times
17 Thu Apr 2025	29.08	29.15	29.15	28.00	0.207 times
16 Wed Apr 2025	29.33	27.48	29.35	27.47	0.07 times
15 Tue Apr 2025	28.91	30.00	30.40	28.40	0.913 times
11 Fri Apr 2025	29.89	31.25	31.25	29.83	0.004 times

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 34, for a target of 32.2 or 30.69

Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Target	27.47
Downside Target	28.88
Downside Target	29.83
Downside Target	31.72
Downside Target	32.15
Upside Target	34.06
Upside Target	35.19
Upside Target	40.27
Upside Target	49.25
Upside Target	51.87
Upside Target	61.08

Intraday share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Intraday Target	31.98
Downside Intraday Target	29.96
Upside Intraday Target	35.04
Upside Intraday Target	36.08
Downside Intraday Target	33.02

Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	34.00	31.00	34.06	31.00	0.238 times
25 Fri Apr 2025	31.00	29.80	32.00	28.02	7.225 times
17 Thu Apr 2025	29.08	30.00	30.40	27.47	14.081 times
11 Fri Apr 2025	29.89	31.75	31.75	29.83	4.018 times
04 Fri Apr 2025	30.37	28.88	30.37	28.88	0.004 times

Price has moved up 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
29 Tue Apr 2025	34.00	28.88	34.06	27.47	1.142 times
28 Fri Mar 2025	27.55	30.14	32.15	27.51	2.284 times
28 Fri Feb 2025	31.72	40.27	40.27	31.72	0.734 times
31 Fri Jan 2025	38.83	51.87	51.87	35.19	0.563 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 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 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 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 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 SELL signal in short term but selling 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 31.16 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.