Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 1990

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	12.60	12.31	12.89	12.31	2.128 times
30 Tue Jul 2024	12.31	12.21	12.56	11.38	2.747 times
29 Mon Jul 2024	11.97	11.63	11.97	10.84	2.662 times
26 Fri Jul 2024	11.40	11.77	11.78	10.71	0.948 times
25 Thu Jul 2024	11.27	10.50	11.59	10.49	0.355 times
24 Wed Jul 2024	11.04	11.30	11.86	10.80	0.647 times
23 Tue Jul 2024	11.30	11.30	11.30	10.82	0.052 times
22 Mon Jul 2024	11.34	11.39	12.20	11.34	1.595 times
19 Fri Jul 2024	11.62	11.15	11.65	11.15	0.769 times
18 Thu Jul 2024	11.15	10.15	11.15	10.15	0.223 times

Stock of Mahalaxmi Sm (MahalaxmiSm) has showed a significant upmove. This could be a good time to enter in this stock!

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 12.5, for a target of 11.8 or 11.17

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	8.31
Downside Target	9.26
Downside Target	9.78
Downside Target	10.15
Downside Target	10.49
Downside Target	10.77
Downside Target	11.21
Downside Target	11.65
Downside Target	12.20
Downside Target	12.23
Downside Target	12.28
Upside Target	12.89
Upside Target	14.75

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	11.33
Downside Intraday Target	10.06
Upside Intraday Target	13.38
Upside Intraday Target	14.16
Downside Intraday Target	12.11

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	12.60	11.63	12.89	10.84	2.095 times
26 Fri Jul 2024	11.40	11.39	12.20	10.49	1.235 times
19 Fri Jul 2024	11.62	11.65	11.65	10.15	3.712 times
12 Fri Jul 2024	11.10	11.00	11.35	10.50	0.068 times
05 Fri Jul 2024	10.57	10.85	11.30	9.78	2.203 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	12.60	10.85	12.89	9.78	0.529 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 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying 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 11.92 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.