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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 2024-10-31 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 9202

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	157.49	152.50	159.40	150.51	2.899 times
30 Wed Oct 2024	152.28	151.52	159.45	149.45	1.381 times
29 Tue Oct 2024	150.99	159.50	159.99	149.07	0.911 times
28 Mon Oct 2024	151.17	149.45	152.00	140.87	1.007 times
25 Fri Oct 2024	141.57	149.56	153.44	138.50	1.612 times
24 Thu Oct 2024	151.57	155.00	155.00	148.10	0.565 times
23 Wed Oct 2024	152.23	152.65	153.93	147.45	0.333 times
22 Tue Oct 2024	151.98	160.45	160.45	150.00	0.613 times
21 Mon Oct 2024	156.58	157.35	158.38	155.00	0.478 times
18 Fri Oct 2024	158.92	157.95	160.95	153.99	0.782 times

Stock of Mahalaxmi Rubtech (MHLXMIRU) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 150.7 or till 142.2. Use a stoploss of 157.72 and if the stock hits stoploss, then it can shoot up till 164.76

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	150.60
Downside Target	153.99
Upside Target	159.01
Upside Target	164.05
Upside Target	173.99
Upside Target	178.85
Upside Target	185.50
Upside Target	185.60
Upside Target	208.34
Upside Target	225.00
Upside Target	233.59

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	145.58
Downside Intraday Target	133.66
Upside Intraday Target	164.7
Upside Intraday Target	171.9
Downside Intraday Target	152.78

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	157.49	149.45	159.99	140.87	1.721 times
25 Fri Oct 2024	141.57	157.35	160.45	138.50	0.554 times
18 Fri Oct 2024	158.92	166.14	171.07	153.99	1.321 times
11 Fri Oct 2024	167.05	163.47	173.99	150.60	1.561 times
04 Fri Oct 2024	162.93	170.00	170.00	159.01	0.38 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	157.49	170.00	173.99	138.50	0.968 times
30 Mon Sep 2024	165.95	174.00	178.85	164.05	0.176 times
30 Fri Aug 2024	173.33	202.00	208.34	167.00	0.955 times
31 Wed Jul 2024	197.58	202.81	233.59	185.60	3.683 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 Rubtech (MHLXMIRU)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Rubtech ( (MHLXMIRU) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

MACD generated a BUY signal for Mahalaxmi Rubtech 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 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. 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 Rubtech in short term and BUY 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 152.49 and Mahalaxmi Rubtech (MHLXMIRU) 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 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.