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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 2024-10-25 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 2434

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	11.20	11.20	11.20	11.20	0.055 times
24 Thu Oct 2024	10.84	10.56	10.84	9.84	1.868 times
23 Wed Oct 2024	10.35	9.50	10.36	9.50	1.793 times
22 Tue Oct 2024	9.87	9.86	9.87	9.86	0.164 times
21 Mon Oct 2024	9.86	10.81	10.83	9.83	2.491 times
18 Fri Oct 2024	10.34	10.34	10.34	10.34	0.111 times
17 Thu Oct 2024	9.89	10.85	10.85	9.83	1.741 times
15 Tue Oct 2024	10.34	10.34	10.34	10.34	0.267 times
14 Mon Oct 2024	9.85	9.85	9.85	9.37	0.156 times
10 Thu Oct 2024	9.85	9.95	10.23	9.75	0.734 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 11.2, for a target of 10.7 or 10.32

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.37
Downside Target	9.69
Downside Target	10.85
Downside Target	11.20
Upside Target	11.22
Upside Target	11.24
Upside Target	11.50
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	10.07
Downside Intraday Target	8.93
Upside Intraday Target	11.77
Upside Intraday Target	12.33
Downside Intraday Target	10.63

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	11.20	10.81	11.20	9.50	2.8 times
18 Fri Oct 2024	10.34	9.85	10.85	9.37	0.549 times
10 Thu Oct 2024	9.85	10.92	11.24	9.71	1.337 times
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

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
25 Fri Oct 2024	11.20	11.22	11.24	9.37	0.491 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 up 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 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 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 10.18 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.