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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 2025-05-12 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 3823

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	29.92	28.50	29.92	28.50	0.017 times
09 Fri May 2025	28.50	30.00	30.00	28.50	0.079 times
08 Thu May 2025	30.00	31.33	31.33	30.00	0.071 times
07 Wed May 2025	30.00	30.00	30.00	30.00	0.011 times
06 Tue May 2025	30.20	29.30	30.20	29.11	0.115 times
05 Mon May 2025	30.21	29.07	30.21	29.07	0.035 times
02 Fri May 2025	28.78	30.26	31.60	28.74	0.35 times
30 Wed Apr 2025	30.26	30.76	30.90	30.26	3.387 times
29 Tue Apr 2025	31.86	31.55	33.11	31.10	4.107 times
28 Mon Apr 2025	31.55	30.65	32.10	30.65	1.832 times

My analysis of stock is bullish for shortterm, and stock might move up till 30.9 or till 32.3. Use a stoploss of 29.66 and if this stock hits its stoploss, then it can fall down till 28.47

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	27.00
Downside Target	28.50
Downside Target	29.92
Upside Target	31.33
Upside Target	31.60
Upside Target	32.00
Upside Target	33.11
Upside Target	34.91
Upside Target	41.55
Upside Target	53.36

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	28.97
Downside Intraday Target	28.03
Upside Intraday Target	30.39
Upside Intraday Target	30.87
Downside Intraday Target	29.45

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	29.92	28.50	29.92	28.50	0.056 times
09 Fri May 2025	28.50	29.07	31.33	28.50	0.032 times
02 Fri May 2025	28.78	30.65	33.11	28.74	1.27 times
25 Fri Apr 2025	30.65	29.90	32.00	27.11	1.052 times
17 Thu Apr 2025	28.66	27.92	29.17	27.00	1.696 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
12 Mon May 2025	29.92	30.26	31.60	28.50	0.019 times
30 Wed Apr 2025	30.26	27.73	33.11	26.22	0.225 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mahalaxmi Fabric in short term but BUY signal is weak.

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

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 31.08 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.