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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 2024-08-30 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 3769

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	11.77	11.80	11.80	11.00	2.524 times
29 Thu Aug 2024	11.24	11.24	11.24	11.24	1.813 times
28 Wed Aug 2024	10.71	10.40	10.71	10.21	0.761 times
27 Tue Aug 2024	10.20	10.05	11.08	10.04	1.031 times
26 Mon Aug 2024	10.56	10.56	11.66	10.56	1.856 times
23 Fri Aug 2024	11.11	11.47	11.52	10.44	1.906 times
22 Thu Aug 2024	10.98	10.98	10.98	9.94	0.805 times
21 Wed Aug 2024	10.46	10.34	10.64	10.34	1.407 times
20 Tue Aug 2024	10.14	10.15	10.15	10.14	0.326 times
19 Mon Aug 2024	10.14	10.03	10.14	10.03	0.041 times

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

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 10.95 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.6 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.26
Downside Target	9.78
Downside Target	10.70
Downside Target	11.52
Upside Target	11.80
Upside Target	12.23
Upside Target	12.28
Upside 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	10.61
Downside Intraday Target	9.44
Upside Intraday Target	12.37
Upside Intraday Target	12.96
Downside Intraday Target	11.2

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	11.77	10.56	11.80	10.04	1.78 times
23 Fri Aug 2024	11.11	10.03	11.52	9.94	3.831 times
16 Fri Aug 2024	9.93	10.49	11.57	9.93	1.008 times
09 Fri Aug 2024	11.02	12.45	12.45	10.70	0.26 times
02 Fri Aug 2024	12.70	11.63	13.20	10.84	2.354 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
30 Fri Aug 2024	11.77	12.90	13.20	9.93	1.097 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 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 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 to mid 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 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 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 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 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 negative zone. This is the SELL 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 10.97 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.