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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 2025-03-10 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 5358

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Mar 2025	28.95	30.00	30.73	27.80	24.519 times
07 Fri Mar 2025	29.27	29.44	29.44	26.63	0.901 times
06 Thu Mar 2025	28.04	27.50	28.05	27.05	2.114 times
05 Wed Mar 2025	26.75	28.01	28.01	26.68	1.209 times
04 Tue Mar 2025	26.68	27.00	29.00	26.37	0.776 times
03 Mon Mar 2025	27.76	30.10	30.10	27.71	0.834 times
28 Fri Feb 2025	29.17	30.00	30.00	28.57	1.031 times
27 Thu Feb 2025	30.08	31.67	33.00	30.07	0.115 times
25 Tue Feb 2025	31.66	30.74	32.11	30.00	1.023 times
24 Mon Feb 2025	30.59	31.86	33.00	30.26	1.486 times

Stock of Mahalaxmi Fabric (MFML_BE) has showed a significant fall. This could be a good time to exit from this stock.

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 28.3 as stoploss in an intra day buy trade for a target of 31.95. However, stock will show a bearish move below 28.3.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.37
Downside Target	27.80
Downside Target	28.57
Upside Target	30.10
Upside Target	30.73
Upside Target	33.00
Upside Target	33.96
Upside Target	34.91
Upside Target	37.48
Upside Target	41.55
Upside Target	48.00
Upside Target	48.81
Upside Target	53.36
Upside Target	58.35
Upside Target	61.00

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	27.59
Downside Intraday Target	26.23
Upside Intraday Target	30.52
Upside Intraday Target	32.09
Upside Intraday Target	29.16

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Mar 2025	28.95	30.00	30.73	27.80	4.203 times
07 Fri Mar 2025	29.27	30.10	30.10	26.37	1.596 times
28 Fri Feb 2025	29.17	31.86	33.00	28.57	1.493 times
21 Fri Feb 2025	31.86	35.00	37.48	30.88	1.963 times
14 Fri Feb 2025	35.70	38.62	41.55	33.96	0.213 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
10 Mon Mar 2025	28.95	30.10	30.73	26.37	2.296 times
28 Fri Feb 2025	29.17	37.80	41.55	28.57	0.375 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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. 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 coming down

CCI has generated a buy signal for Mahalaxmi Fabric in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 28.91 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.