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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 2024-07-02 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 4374

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	10.27	10.42	10.42	10.01	1.386 times
01 Mon Jul 2024	10.12	10.85	11.15	10.11	0.844 times
28 Fri Jun 2024	10.64	10.64	11.00	10.64	0.576 times
26 Wed Jun 2024	11.19	11.00	11.21	10.88	0.196 times
25 Tue Jun 2024	11.45	11.50	11.50	11.40	1.049 times
24 Mon Jun 2024	12.02	12.03	12.03	12.02	0.572 times
21 Fri Jun 2024	12.02	12.03	12.03	12.02	0.572 times
20 Thu Jun 2024	12.04	12.19	12.19	11.04	0.586 times
19 Wed Jun 2024	11.62	11.07	11.62	10.52	3.719 times
18 Tue Jun 2024	11.07	11.64	12.23	11.07	1.779 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.3, but if it comes above 10.3, then a intra day buy could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.5 as target. However if you take a buy trade in stock , then use 10.3 as stoploss and 11.01 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	10.01
Upside Target	10.52
Upside Target	11.15
Upside Target	11.21
Upside Target	11.86
Upside Target	12.03
Upside Target	12.23
Upside Target	12.28
Upside Target	14.75

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	9.8
Downside Intraday Target	9.34
Upside Intraday Target	10.94
Upside Intraday Target	11.62
Upside Intraday Target	10.48

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	10.27	10.85	11.15	10.01	0.932 times
28 Fri Jun 2024	10.64	12.03	12.03	10.64	0.36 times
21 Fri Jun 2024	12.02	11.64	12.23	10.52	0.527 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

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 Sm (MahalaxmiSm)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	10.27	10.85	11.15	10.01	0.098 times
28 Fri Jun 2024	10.64	10.00	12.23	9.80	0.656 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

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 Sm (MahalaxmiSm)

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahalaxmi Sm in short term and the sell signal is strong.

Mahalaxmi Sm Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahalaxmi Sm 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.24 and Mahalaxmi Sm (MahalaxmiSm) 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 Sm (MahalaxmiSm) stock. Volume based technical analysis of Mahalaxmi Sm (MahalaxmiSm) stock is negative.

Mahalaxmi Sm Stock has given negative 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.