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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 2024-11-06 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 3049

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	11.45	11.00	11.45	10.90	0.471 times
05 Tue Nov 2024	11.45	12.02	12.02	11.20	0.424 times
04 Mon Nov 2024	11.78	11.69	11.83	10.80	5.799 times
01 Fri Nov 2024	11.27	11.40	11.72	11.00	0.153 times
31 Thu Oct 2024	11.17	11.17	11.17	11.17	0.098 times
30 Wed Oct 2024	10.64	10.64	10.64	10.64	0.054 times
29 Tue Oct 2024	10.64	10.64	10.64	10.11	0.075 times
28 Mon Oct 2024	10.64	10.95	11.20	10.64	0.431 times
25 Fri Oct 2024	11.20	11.20	11.20	11.20	0.044 times
24 Thu Oct 2024	10.84	10.56	10.84	9.84	1.491 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.2, but if it comes below 11.2, then a intra day sell could be more profitable.
If you take a sell trade below 11.2, then use 11.2 as stoploss and 10.57 as target. However if you take a buy trade in stock , then use 11.2 as stoploss and 11.9 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.37
Downside Target	9.69
Downside Target	10.80
Downside Target	11.20
Downside Target	11.24
Upside Target	11.72
Upside Target	12.02
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	10.83
Downside Intraday Target	10.2
Upside Intraday Target	12.05
Upside Intraday Target	12.64
Downside Intraday Target	11.42

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	11.45	11.69	12.02	10.80	8.257 times
01 Fri Nov 2024	11.27	10.95	11.72	10.11	0.159 times
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

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
06 Wed Nov 2024	11.45	11.40	12.02	10.80	0.609 times
31 Thu Oct 2024	11.17	11.22	11.24	9.37	0.522 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

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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mahalaxmi Sm in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 11.5 and Mahalaxmi Sm (MahalaxmiSm) stock is trading below this level. This means that stock is falling with high volumes. 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.