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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 2025-04-04 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 43086

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	29.91	32.94	32.94	29.91	0.032 times
03 Thu Apr 2025	31.49	30.70	31.92	28.88	0.455 times
02 Wed Apr 2025	30.40	28.98	30.42	28.98	0.082 times
01 Tue Apr 2025	28.98	27.73	28.98	26.22	0.069 times
28 Fri Mar 2025	27.60	26.62	27.88	26.62	0.031 times
26 Wed Mar 2025	27.80	27.50	28.90	27.42	2.627 times
25 Tue Mar 2025	27.98	29.00	30.00	27.50	2.786 times
24 Mon Mar 2025	28.95	29.00	30.45	28.86	1.292 times
21 Fri Mar 2025	29.19	31.00	31.00	29.10	2.432 times
20 Thu Mar 2025	30.07	30.00	31.00	29.44	0.197 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 30.5 as stoploss in an intra day sell trade for a target of 29.27. However, stock will show a bullish move above 30.5.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	28.57
Upside Target	30.10
Upside Target	31.40
Upside Target	32.94
Upside Target	34.91
Upside Target	41.55
Upside Target	48.81
Upside Target	53.36
Upside Target	61.00

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	26.44
Downside Intraday Target	22.97
Upside Intraday Target	33.16
Upside Intraday Target	36.41
Downside Intraday Target	29.69

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	29.91	27.73	32.94	26.22	0.095 times
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

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
04 Fri Apr 2025	29.91	27.73	32.94	26.22	0.046 times
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

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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing 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 28.58 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.