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

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

10 day averaged volume of Mahalaxmi Rubtech is 3275

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	237.91	222.00	239.00	222.00	0.527 times
06 Thu Feb 2025	229.39	228.45	235.95	226.21	0.297 times
05 Wed Feb 2025	235.37	240.49	240.49	230.50	1.039 times
04 Tue Feb 2025	240.48	227.25	242.00	227.25	0.454 times
03 Mon Feb 2025	237.77	238.99	244.35	230.00	0.444 times
31 Fri Jan 2025	236.09	238.99	238.99	223.10	0.47 times
30 Thu Jan 2025	231.98	234.99	234.99	222.22	2.198 times
29 Wed Jan 2025	224.56	213.50	224.56	207.55	2.763 times
28 Tue Jan 2025	213.87	217.00	223.74	213.74	0.432 times
27 Mon Jan 2025	224.99	214.00	227.00	208.31	1.122 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.3, but if it comes below 234.3, then a intra day sell could be more profitable.
If you take a sell trade below 234.3, then use 234.3 as stoploss and 224.53 as target. However if you take a buy trade in stock , then use 234.3 as stoploss and 246.1 as target.

Share price targets for Mahalaxmi Rubtech (MHLXMIRU_BE)

Target Type	Value
Downside Target	190.20
Downside Target	195.00
Downside Target	200.05
Downside Target	207.00
Downside Target	222.00
Downside Target	237.90
Upside Target	238.99
Upside Target	241.28
Upside Target	244.35
Upside Target	253.40
Upside Target	325.80

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU_BE)

Target Type	Value
Downside Intraday Target	225.16
Downside Intraday Target	212.4
Upside Intraday Target	247.51
Upside Intraday Target	257.1
Downside Intraday Target	234.75

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	237.91	238.99	244.35	222.00	0.395 times
31 Fri Jan 2025	236.09	214.00	238.99	207.55	0.752 times
24 Fri Jan 2025	219.18	202.05	237.90	200.05	1.577 times
17 Fri Jan 2025	210.37	222.00	223.25	202.81	0.607 times
10 Fri Jan 2025	227.78	231.20	253.40	222.69	0.921 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 Rubtech (MHLXMIRU_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	237.91	238.99	244.35	222.00	0.072 times
31 Fri Jan 2025	236.09	243.67	253.40	200.05	0.412 times
31 Tue Dec 2024	243.67	307.00	325.80	241.28	18.182 times
03 Fri May 2024	201.85	190.20	207.00	190.20	0.164 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 Rubtech (MHLXMIRU_BE)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU_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 Rubtech ( (MHLXMIRU_BE) ) 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_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 Rubtech ( (MHLXMIRU_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 Rubtech stock for short term is SELL. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 229.73 and Mahalaxmi Rubtech (MHLXMIRU_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 Rubtech (MHLXMIRU_BE) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU_BE) stock is negative.

Mahalaxmi Rubtech Stock is giving positive 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.