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 2025-03-21 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 19462

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Mar 2025	29.19	31.00	31.00	29.10	5.384 times
20 Thu Mar 2025	30.07	30.00	31.00	29.44	0.436 times
19 Wed Mar 2025	30.99	31.40	31.40	29.99	0.063 times
18 Tue Mar 2025	29.99	28.58	29.99	27.15	1.263 times
17 Mon Mar 2025	28.58	28.49	31.00	28.49	0.236 times
13 Thu Mar 2025	29.99	30.69	30.75	29.99	0.31 times
12 Wed Mar 2025	30.09	30.39	31.00	30.00	0.04 times
11 Tue Mar 2025	30.39	28.00	30.39	27.50	0.071 times
10 Mon Mar 2025	28.95	30.00	30.73	27.80	6.75 times
07 Fri Mar 2025	29.27	29.44	29.44	26.63	0.248 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, and stock might move down till 28 or till 26.1. Use a stoploss of 29.68 and if the stock hits stoploss, then it can shoot up till 31.31

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.37
Downside Target	27.15
Downside Target	28.57
Upside Target	30.10
Upside Target	30.88
Upside Target	33.00
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	27.09
Downside Intraday Target	25
Upside Intraday Target	31.34
Upside Intraday Target	33.5
Upside Intraday Target	29.25

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Mar 2025	29.19	28.49	31.40	27.15	1.03 times
13 Thu Mar 2025	29.99	30.00	31.00	27.50	4.465 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

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 (MFML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Mar 2025	29.19	30.10	31.40	26.37	4.44 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 up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahalaxmi Fabric ( (MFML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Mahalaxmi Fabric in short term but SELL 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 29.2 and Mahalaxmi Fabric (MFML_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.