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(MahalaxmiFabric) Mahalaxmi Fabric complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Fabric | (MahalaxmiFabric) share price targets

Complete technical analysis of Mahalaxmi Fabric (MahalaxmiFabric) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Showing technical analysis as on 2025-01-31 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 953

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	38.83	35.20	38.84	35.19	1.212 times
30 Thu Jan 2025	37.04	38.00	38.25	36.10	0.648 times
29 Wed Jan 2025	38.00	37.00	39.00	36.09	0.438 times
28 Tue Jan 2025	37.98	36.10	38.00	36.10	0.28 times
27 Mon Jan 2025	38.00	38.50	38.50	37.05	0.825 times
24 Fri Jan 2025	39.00	40.00	40.00	39.00	1.123 times
23 Thu Jan 2025	40.00	39.32	40.40	36.63	0.699 times
22 Wed Jan 2025	38.55	38.55	39.70	38.55	1.04 times
21 Tue Jan 2025	40.57	43.98	43.98	40.57	0.938 times
20 Mon Jan 2025	42.70	47.18	47.18	42.70	1.807 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 38.6 as stoploss in an intra day buy trade for a target of 42.13. However, stock will show a bearish move below 38.6.

Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Target	35.19
Downside Target	36.63
Upside Target	39.00
Upside Target	40.87
Upside Target	42.66
Upside Target	45.73
Upside Target	47.18
Upside Target	49.25
Upside Target	51.87
Upside Target	53.27
Upside Target	58.40
Upside Target	60.85
Upside Target	61.08
Upside Target	90.75

Intraday share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Intraday Target	36.35
Downside Intraday Target	33.86
Upside Intraday Target	40.16
Upside Intraday Target	41.48
Downside Intraday Target	37.67

Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	38.83	38.50	39.00	35.19	0.607 times
24 Fri Jan 2025	39.00	47.18	47.18	36.63	1.954 times
17 Fri Jan 2025	44.94	44.50	45.73	40.87	0.57 times
10 Fri Jan 2025	42.70	50.68	50.68	42.66	2.23 times
03 Fri Jan 2025	50.68	53.00	53.00	49.32	1.185 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 Fabric (MahalaxmiFabric)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	38.83	51.87	51.87	35.19	0.563 times
31 Tue Dec 2024	49.40	51.84	61.08	49.25	4.612 times
29 Fri Nov 2024	51.84	54.51	58.40	49.88	0.989 times
31 Thu Oct 2024	55.62	60.10	60.85	52.17	0.037 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 Fabric (MahalaxmiFabric)

Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mahalaxmi Fabric ( (MahalaxmiFabric) ) 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 Fabric ( (MahalaxmiFabric) ) 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 Fabric ( (MahalaxmiFabric) ) 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 Fabric stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahalaxmi Fabric 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 Fabric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Mahalaxmi Fabric in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mahalaxmi Fabric is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.6 and Mahalaxmi Fabric (MahalaxmiFabric) 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 Fabric (MahalaxmiFabric) stock. Volume based technical analysis of Mahalaxmi Fabric (MahalaxmiFabric) stock is negative.

Mahalaxmi Fabric Stock has given negative 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.