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(MahalaxmiSm) Mahalaxmi Sm complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Sm | (MahalaxmiSm) share price targets

Complete technical analysis of Mahalaxmi Sm (MahalaxmiSm) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Sm (MahalaxmiSm)

Showing technical analysis as on 2024-06-20 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 8059

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	12.04	12.19	12.19	11.04	0.318 times
19 Wed Jun 2024	11.62	11.07	11.62	10.52	2.019 times
18 Tue Jun 2024	11.07	11.64	12.23	11.07	0.965 times
14 Fri Jun 2024	11.86	10.77	11.86	10.76	0.058 times
13 Thu Jun 2024	11.86	10.77	11.86	10.76	0.058 times
12 Wed Jun 2024	11.32	11.33	11.33	10.26	1.054 times
11 Tue Jun 2024	10.80	10.85	11.35	10.27	3.439 times
10 Mon Jun 2024	10.81	10.51	10.81	9.80	2.244 times
07 Fri Jun 2024	10.30	10.79	10.79	10.30	0.138 times
06 Thu Jun 2024	10.28	10.29	10.29	10.09	0.019 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.7, but if it comes below 11.7, then a intra day sell could be more profitable.
If you take a sell trade below 11.7, then use 11.7 as stoploss and 11.02 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.5 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	8.31
Downside Target	9.26
Downside Target	9.80
Downside Target	10.00
Downside Target	10.30
Downside Target	10.52
Downside Target	10.77
Downside Target	11.21
Downside Target	11.80
Upside Target	12.23
Upside Target	12.28
Upside Target	13.99
Upside Target	14.75

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	10.96
Downside Intraday Target	9.89
Upside Intraday Target	12.67
Upside Intraday Target	13.31
Downside Intraday Target	11.6

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	12.04	11.64	12.23	10.52	0.482 times
14 Fri Jun 2024	11.86	10.51	11.86	9.80	12.301 times
07 Fri Jun 2024	10.30	10.00	10.79	9.80	0.286 times
31 Fri May 2024	10.30	12.06	12.28	10.30	0.399 times
24 Fri May 2024	11.50	10.73	12.00	10.00	0.54 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 Sm (MahalaxmiSm)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	12.04	10.00	12.23	9.80	0.571 times
31 Fri May 2024	10.30	10.25	12.28	9.26	2.221 times
30 Tue Apr 2024	10.77	11.02	14.75	10.77	3.113 times
28 Thu Mar 2024	10.50	11.21	11.21	8.31	1.033 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 Sm (MahalaxmiSm)

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Sm ( (MahalaxmiSm) ) 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 Sm ( (MahalaxmiSm) ) 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 Sm stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mahalaxmi Sm in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahalaxmi Sm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Sm 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 positive zone. This is a BUY zone

Stock of Mahalaxmi Sm is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.08 and Mahalaxmi Sm (MahalaxmiSm) 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 Sm (MahalaxmiSm) stock. Volume based technical analysis of Mahalaxmi Sm (MahalaxmiSm) stock is negative.

Mahalaxmi Sm 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.