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(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 2025-02-05 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 5044

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	37.95	38.50	38.50	36.21	0.168 times
04 Tue Feb 2025	38.06	39.00	39.00	35.98	0.254 times
03 Mon Feb 2025	37.69	37.80	37.80	35.93	0.153 times
31 Fri Jan 2025	36.00	37.89	37.89	35.99	0.496 times
30 Thu Jan 2025	37.89	37.50	37.99	35.86	0.087 times
29 Wed Jan 2025	37.75	36.73	37.97	35.90	0.26 times
28 Tue Jan 2025	36.73	34.91	37.99	34.91	2.509 times
27 Mon Jan 2025	36.75	38.76	38.76	36.75	0.746 times
24 Fri Jan 2025	38.69	40.70	40.70	37.00	0.905 times
23 Thu Jan 2025	38.77	35.08	38.77	35.08	3.443 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 36.9 as stoploss in an intra day buy trade for a target of 40.09. However, stock will show a bearish move below 36.9.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	34.91
Downside Target	35.93
Upside Target	38.76
Upside Target	40.85
Upside Target	43.55
Upside Target	47.00
Upside Target	48.00
Upside Target	50.00
Upside Target	52.69
Upside Target	53.36
Upside Target	58.35
Upside Target	59.65
Upside Target	61.00

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	36.25
Downside Intraday Target	34.56
Upside Intraday Target	39.32
Upside Intraday Target	40.7
Downside Intraday Target	37.63

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	37.95	37.80	39.00	35.93	0.14 times
31 Fri Jan 2025	36.00	38.76	38.76	34.91	0.398 times
24 Fri Jan 2025	38.69	43.09	44.00	35.08	1.829 times
17 Fri Jan 2025	43.09	46.00	47.00	40.85	0.355 times
10 Fri Jan 2025	45.00	50.25	52.69	43.55	4.812 times

Price has moved up 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 (MFML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	37.95	37.80	39.00	35.93	0.015 times
31 Fri Jan 2025	36.00	48.00	53.36	34.91	0.685 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

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 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 ( (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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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 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 37.78 and Mahalaxmi Fabric (MFML_BE) 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 Fabric (MFML_BE) stock. Volume based technical analysis of Mahalaxmi Fabric (MFML_BE) stock is negative.

Mahalaxmi Fabric 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.