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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 2025-03-28 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 43940

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Mar 2025	27.60	26.62	27.88	26.62	0.03 times
26 Wed Mar 2025	27.80	27.50	28.90	27.42	2.576 times
25 Tue Mar 2025	27.98	29.00	30.00	27.50	2.732 times
24 Mon Mar 2025	28.95	29.00	30.45	28.86	1.267 times
21 Fri Mar 2025	29.19	31.00	31.00	29.10	2.385 times
20 Thu Mar 2025	30.07	30.00	31.00	29.44	0.193 times
19 Wed Mar 2025	30.99	31.40	31.40	29.99	0.028 times
18 Tue Mar 2025	29.99	28.58	29.99	27.15	0.56 times
17 Mon Mar 2025	28.58	28.49	31.00	28.49	0.105 times
13 Thu Mar 2025	29.99	30.69	30.75	29.99	0.137 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.7, but if it comes above 27.7, then a intra day buy could be more profitable.
If you take a sell trade below 27.7, then use 27.7 as stoploss and 26.3 as target. However if you take a buy trade in stock , then use 27.7 as stoploss and 28.92 as target.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.37
Upside Target	28.57
Upside Target	30.10
Upside Target	33.00
Upside Target	34.91
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	26
Downside Intraday Target	24.39
Upside Intraday Target	29.83
Upside Intraday Target	32.05
Upside Intraday Target	28.22

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Mar 2025	27.60	29.00	30.45	26.62	2.02 times
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

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
28 Fri Mar 2025	27.60	30.10	31.40	26.37	8.538 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

MACD generated a BUY signal for Mahalaxmi Fabric in short term but the buy signal is initial and weak.

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 BUY signal in short term and the buying is gaining 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 28.54 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 negative.

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