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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)

10 day averaged volume of Mahalaxmi Fabric is 5342

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	32.90	33.00	33.00	30.50	0.548 times
16 Fri May 2025	31.92	32.00	32.95	31.70	0.297 times
15 Thu May 2025	31.70	31.16	33.00	31.10	0.237 times
14 Wed May 2025	31.95	32.45	32.45	30.45	0.123 times
13 Tue May 2025	31.41	31.24	31.41	29.92	9.108 times
12 Mon May 2025	29.92	28.50	29.92	28.50	0.012 times
09 Fri May 2025	28.50	30.00	30.00	28.50	0.056 times
08 Thu May 2025	30.00	31.33	31.33	30.00	0.051 times
07 Wed May 2025	30.00	30.00	30.00	30.00	0.008 times
06 Tue May 2025	30.20	29.30	30.20	29.11	0.083 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33.2, for a target of 31.7 or 30.5

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	27.11
Downside Target	28.50
Downside Target	30.50
Downside Target	31.33
Upside Target	33.00
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	31.27
Downside Intraday Target	29.63
Upside Intraday Target	33.77
Upside Intraday Target	34.63
Downside Intraday Target	32.13

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	32.90	33.00	33.00	30.50	0.056 times
16 Fri May 2025	31.92	28.50	33.00	28.50	43.966 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

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
19 Mon May 2025	32.90	30.26	33.00	28.50	0.423 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 31.48 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.