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(MHLXMIRU) Mahalaxmi Rubtech complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Rubtech | (MHLXMIRU) share price targets

Complete technical analysis of Mahalaxmi Rubtech (MHLXMIRU) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 51044

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	192.42	194.93	197.24	185.60	0.336 times
22 Mon Jul 2024	195.43	198.00	198.00	195.02	0.162 times
19 Fri Jul 2024	194.93	201.86	201.86	193.92	0.138 times
18 Thu Jul 2024	197.29	195.15	199.19	192.28	0.342 times
16 Tue Jul 2024	192.29	201.99	201.99	186.35	2.013 times
15 Mon Jul 2024	197.19	198.32	205.01	196.03	2.135 times
12 Fri Jul 2024	198.32	202.01	203.99	197.50	1.355 times
11 Thu Jul 2024	201.07	203.16	206.67	198.91	0.741 times
10 Wed Jul 2024	200.22	204.68	207.95	200.00	2.027 times
09 Tue Jul 2024	204.88	204.75	206.76	202.42	0.842 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 190.8, for a target of 195.8 or 200

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	185.50
Upside Target	197.01
Upside Target	221.39
Upside Target	225.00
Upside Target	233.59
Upside Target	283.70
Upside Target	284.00
Upside Target	290.60
Upside Target	334.95
Upside Target	376.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	186.01
Downside Intraday Target	179.61
Upside Intraday Target	198.41
Upside Intraday Target	204.41
Downside Intraday Target	192.01

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	192.42	198.00	198.00	185.60	0.108 times
19 Fri Jul 2024	194.93	198.32	205.01	186.35	0.888 times
12 Fri Jul 2024	198.32	209.00	209.00	197.50	0.401 times
05 Fri Jul 2024	206.36	202.81	233.59	197.01	8.069 times
28 Fri Jun 2024	199.82	210.15	221.39	197.01	2.241 times

Price has moved down 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 Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	192.42	202.81	233.59	185.60	3.265 times
28 Fri Jun 2024	199.82	212.00	225.00	185.50	0.162 times
31 Fri May 2024	210.15	218.20	290.60	201.05	1.516 times
18 Thu Apr 2024	318.50	290.50	376.00	284.00	2.031 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 Rubtech (MHLXMIRU)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short 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 Rubtech ( (MHLXMIRU) ) 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 Rubtech ( (MHLXMIRU) ) based on a short to mid 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 Rubtech ( (MHLXMIRU) ) 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 Rubtech stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Mahalaxmi Rubtech 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. 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 Rubtech 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mahalaxmi Rubtech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 197.69 and Mahalaxmi Rubtech (MHLXMIRU) 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 Rubtech (MHLXMIRU) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU) stock is negative.

Mahalaxmi Rubtech 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.