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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 2025-04-24 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 6691

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	31.00	32.00	32.00	30.55	1.134 times
22 Tue Apr 2025	29.93	28.51	29.93	27.11	2.692 times
21 Mon Apr 2025	28.51	29.90	29.90	28.50	0.521 times
17 Thu Apr 2025	28.66	27.00	28.75	27.00	0.874 times
16 Wed Apr 2025	27.39	27.48	28.65	27.12	2.177 times
15 Tue Apr 2025	28.20	27.92	29.17	27.20	1.087 times
11 Fri Apr 2025	27.92	27.75	30.00	27.75	0.389 times
09 Wed Apr 2025	29.11	30.74	30.74	29.10	0.639 times
08 Tue Apr 2025	30.59	29.70	31.27	28.35	1.391 times
07 Mon Apr 2025	29.79	29.89	29.89	28.41	0.021 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.3, but if it comes below 30.3, then a intra day sell could be more profitable.
If you take a sell trade below 30.3, then use 30.3 as stoploss and 29.17 as target. However if you take a buy trade in stock , then use 30.3 as stoploss and 31.7 as target.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	27.75
Downside Target	28.57
Downside Target	29.17
Downside Target	30.45
Upside Target	31.27
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	28.07
Downside Intraday Target	25.15
Upside Intraday Target	32.96
Upside Intraday Target	34.93
Downside Intraday Target	30.04

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	31.00	29.90	32.00	27.11	1.05 times
17 Thu Apr 2025	28.66	27.92	29.17	27.00	1.696 times
11 Fri Apr 2025	27.92	29.89	31.27	27.75	0.593 times
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

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
24 Thu Apr 2025	31.00	27.73	32.94	26.22	0.166 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 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 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 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 Weak 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 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 in or above the red cloud Prices appear to be moving up

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

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 29.16 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 positive

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