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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 2025-02-20 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 513

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	33.46	33.50	35.10	33.46	1.817 times
19 Wed Feb 2025	35.22	35.22	35.22	35.22	0.234 times
18 Tue Feb 2025	33.55	36.50	36.50	33.55	0.216 times
17 Mon Feb 2025	35.30	32.30	35.30	32.30	3.058 times
14 Fri Feb 2025	34.00	34.70	35.00	34.00	0.509 times
11 Tue Feb 2025	33.75	33.76	37.27	33.75	1.39 times
10 Mon Feb 2025	35.50	36.96	36.96	35.50	0.195 times
07 Fri Feb 2025	35.20	36.03	38.88	35.18	2.203 times
05 Wed Feb 2025	37.03	36.50	38.40	36.48	0.996 times
04 Tue Feb 2025	38.40	38.44	38.44	36.37	1.101 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.7, but if it comes above 34.7, then a intra day buy could be more profitable.
If you take a sell trade below 34.7, then use 34.7 as stoploss and 32.1 as target. However if you take a buy trade in stock , then use 34.7 as stoploss and 36.88 as target.

Share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Target	32.30
Upside Target	33.75
Upside Target	35.18
Upside Target	36.50
Upside Target	39.00
Upside Target	40.27
Upside Target	47.18
Upside Target	49.25
Upside Target	49.88
Upside Target	51.87
Upside Target	52.17
Upside Target	58.40
Upside Target	60.85
Upside Target	61.08

Intraday share price targets for Mahalaxmi Fabric (MahalaxmiFabric)

Target Type	Value
Downside Intraday Target	31.67
Downside Intraday Target	29.89
Upside Intraday Target	35.87
Upside Intraday Target	38.29
Upside Intraday Target	34.09

Weekly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	33.46	32.30	36.50	32.30	2.544 times
14 Fri Feb 2025	34.00	36.96	37.27	33.75	0.476 times
07 Fri Feb 2025	35.20	40.27	40.27	35.18	0.695 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahalaxmi Fabric (MahalaxmiFabric)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	33.46	40.27	40.27	32.30	0.372 times
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

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 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 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 BUY signal for Mahalaxmi Fabric 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 Fabric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Fabric 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.16 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.