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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 2024-08-05 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 2402

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	12.45	12.45	12.45	12.07	0.114 times
02 Fri Aug 2024	12.70	12.70	12.70	12.70	0.021 times
01 Thu Aug 2024	12.70	12.90	13.20	11.97	0.754 times
31 Wed Jul 2024	12.60	12.31	12.89	12.31	1.763 times
30 Tue Jul 2024	12.31	12.21	12.56	11.38	2.276 times
29 Mon Jul 2024	11.97	11.63	11.97	10.84	2.205 times
26 Fri Jul 2024	11.40	11.77	11.78	10.71	0.786 times
25 Thu Jul 2024	11.27	10.50	11.59	10.49	0.294 times
24 Wed Jul 2024	11.04	11.30	11.86	10.80	0.536 times
23 Tue Jul 2024	11.30	11.30	11.30	10.82	0.043 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.2, but if it comes below 12.2, then a intra day sell could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 11.5 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 13 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.26
Downside Target	9.78
Downside Target	10.15
Downside Target	10.49
Downside Target	10.77
Downside Target	11.35
Downside Target	11.65
Downside Target	11.97
Downside Target	12.28
Downside Target	12.45
Upside Target	12.89
Upside Target	13.20
Upside Target	14.75

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	12.2
Downside Intraday Target	11.94
Upside Intraday Target	12.58
Upside Intraday Target	12.7
Downside Intraday Target	12.32

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	12.45	12.45	12.45	12.07	0.016 times
02 Fri Aug 2024	12.70	11.63	13.20	10.84	2.354 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

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
05 Mon Aug 2024	12.45	12.90	13.20	11.97	0.041 times
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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 Weak and stock is losing 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahalaxmi Sm in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 12.12 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.