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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 2024-09-23 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 2496

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	10.93	11.50	11.50	10.93	0.924 times
20 Fri Sep 2024	11.50	11.52	11.52	10.96	0.126 times
19 Thu Sep 2024	11.52	10.76	11.52	10.76	2.927 times
18 Wed Sep 2024	10.98	11.55	11.88	10.76	2.138 times
16 Mon Sep 2024	11.32	11.51	11.51	10.72	0.104 times
13 Fri Sep 2024	11.28	11.00	11.28	10.22	1.936 times
12 Thu Sep 2024	10.75	10.75	10.75	10.75	0.001 times
11 Wed Sep 2024	10.75	10.75	10.75	10.75	0.053 times
10 Tue Sep 2024	10.73	11.26	11.26	10.71	0.401 times
09 Mon Sep 2024	11.27	11.25	11.27	11.25	0.123 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.7 as stoploss in an intra day buy trade for a target of 11.28. However, stock will show a bearish move below 10.7.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.26
Downside Target	9.78
Downside Target	10.72
Upside Target	11.28
Upside Target	11.80
Upside Target	11.88
Upside Target	12.23
Upside Target	12.28
Upside Target	12.89
Upside Target	12.90
Upside Target	13.20

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	10.74
Downside Intraday Target	10.55
Upside Intraday Target	11.31
Upside Intraday Target	11.69
Upside Intraday Target	11.12

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	10.93	11.50	11.50	10.93	0.174 times
20 Fri Sep 2024	11.50	11.51	11.88	10.72	2.106 times
13 Fri Sep 2024	11.28	11.25	11.28	10.22	0.296 times
06 Fri Sep 2024	11.84	11.19	12.90	10.82	0.705 times
30 Fri Aug 2024	11.77	10.56	11.80	10.04	1.78 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
23 Mon Sep 2024	10.93	11.19	12.90	10.22	0.746 times
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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

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

Mahalaxmi Sm Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 11.22 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.