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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 2024-10-03 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 3878

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	10.20	10.89	10.89	10.15	0.09 times
01 Tue Oct 2024	10.68	11.22	11.22	10.16	0.21 times
30 Mon Sep 2024	10.69	9.70	10.69	9.69	1.644 times
27 Fri Sep 2024	10.19	10.75	11.23	10.19	1.779 times
26 Thu Sep 2024	10.71	9.90	10.71	9.90	0.621 times
25 Wed Sep 2024	10.20	10.39	10.39	10.20	0.526 times
24 Tue Sep 2024	10.39	10.44	10.93	10.39	1.283 times
23 Mon Sep 2024	10.93	11.50	11.50	10.93	0.595 times
20 Fri Sep 2024	11.50	11.52	11.52	10.96	0.081 times
19 Thu Sep 2024	11.52	10.76	11.52	10.76	1.884 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.4, but if it comes above 10.4, then a intra day buy could be more profitable.
If you take a sell trade below 10.4, then use 10.4 as stoploss and 9.8 as target. However if you take a buy trade in stock , then use 10.4 as stoploss and 10.96 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.69
Downside Target	10.15
Upside Target	10.72
Upside Target	11.22
Upside Target	11.28
Upside Target	11.50
Upside Target	11.88
Upside Target	12.23
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	9.52
Downside Intraday Target	8.84
Upside Intraday Target	11.05
Upside Intraday Target	11.9
Upside Intraday Target	10.37

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	10.20	9.70	11.22	9.69	0.405 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
03 Thu Oct 2024	10.20	11.22	11.22	10.15	0.018 times
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

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 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 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 neutral. A longer time frame might give a better analysis.

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

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 coming down

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 and selling is picking up 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 10.71 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.