Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2025-01-02 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 12583

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	53.00	51.82	53.36	50.36	0.304 times
01 Wed Jan 2025	50.82	48.00	51.80	46.97	0.174 times
31 Tue Dec 2024	49.45	51.29	51.29	48.81	0.104 times
30 Mon Dec 2024	51.29	54.50	54.50	51.28	0.576 times
27 Fri Dec 2024	53.98	54.34	54.48	51.26	0.038 times
26 Thu Dec 2024	52.00	53.12	54.30	51.10	0.217 times
24 Tue Dec 2024	53.12	55.38	56.75	53.02	0.203 times
23 Mon Dec 2024	55.38	58.30	58.30	55.38	0.288 times
20 Fri Dec 2024	58.30	56.84	59.50	56.00	2.011 times
19 Thu Dec 2024	56.94	57.00	59.00	54.85	1.635 times

My analysis of stock is bearish for shortterm, and stock might move down till 51.5 or till 48. Use a stoploss of 54.31 and if the stock hits stoploss, then it can shoot up till 57.16

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	46.97
Downside Target	48.00
Downside Target	51.10
Upside Target	53.05
Upside Target	54.50
Upside Target	58.30
Upside Target	58.35
Upside Target	59.65
Upside Target	60.40
Upside Target	61.00
Upside Target	91.29

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	48.48
Downside Intraday Target	43.96
Upside Intraday Target	56.01
Upside Intraday Target	59.02
Downside Intraday Target	51.49

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	53.00	54.50	54.50	46.97	1.553 times
27 Fri Dec 2024	53.98	58.30	58.30	51.10	0.06 times
20 Fri Dec 2024	58.30	61.00	61.00	54.85	1.822 times
13 Fri Dec 2024	58.45	52.00	60.40	49.50	5.275 times
06 Fri Dec 2024	52.00	51.88	52.00	48.91	1.278 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 (MFML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	53.00	48.00	53.36	46.97	0.022 times
31 Tue Dec 2024	49.45	51.88	61.00	48.81	11.335 times
29 Fri Nov 2024	49.41	55.00	58.35	48.00	0.598 times
31 Thu Oct 2024	55.66	57.38	59.65	50.00	0.219 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 Fabric (MFML_BE)

Price action analysis of Mahalaxmi Fabric ( (MFML_BE) ) 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 ( (MFML_BE) ) 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 ( (MFML_BE) ) 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 losing 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 in or above 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 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 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 55.86 and Mahalaxmi Fabric (MFML_BE) 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 (MFML_BE) stock. Volume based technical analysis of Mahalaxmi Fabric (MFML_BE) stock is negative.

Mahalaxmi Fabric 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.