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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 2024-09-30 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 3668

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	10.69	9.70	10.69	9.69	1.739 times
27 Fri Sep 2024	10.19	10.75	11.23	10.19	1.881 times
26 Thu Sep 2024	10.71	9.90	10.71	9.90	0.656 times
25 Wed Sep 2024	10.20	10.39	10.39	10.20	0.556 times
24 Tue Sep 2024	10.39	10.44	10.93	10.39	1.356 times
23 Mon Sep 2024	10.93	11.50	11.50	10.93	0.629 times
20 Fri Sep 2024	11.50	11.52	11.52	10.96	0.086 times
19 Thu Sep 2024	11.52	10.76	11.52	10.76	1.992 times
18 Wed Sep 2024	10.98	11.55	11.88	10.76	1.455 times
16 Mon Sep 2024	11.32	11.51	11.51	10.72	0.071 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 10.5 as stoploss in an intra day buy trade for a target of 11.16. However, stock will show a bearish move below 10.5.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.26
Downside Target	9.69
Downside Target	10.22
Downside Target	10.69
Upside Target	11.28
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	10.02
Downside Intraday Target	9.36
Upside Intraday Target	11.02
Upside Intraday Target	11.36
Downside Intraday Target	10.36

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	10.69	9.70	10.69	9.69	0.342 times
27 Fri Sep 2024	10.19	11.50	11.50	9.90	1.409 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

Price has moved up 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
30 Mon Sep 2024	10.69	11.19	12.90	9.69	1.14 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 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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

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 but selling is losing 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 10.76 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.