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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 2025-04-21 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 6855

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	28.51	29.90	29.90	28.50	0.509 times
17 Thu Apr 2025	28.66	27.00	28.75	27.00	0.854 times
16 Wed Apr 2025	27.39	27.48	28.65	27.12	2.125 times
15 Tue Apr 2025	28.20	27.92	29.17	27.20	1.061 times
11 Fri Apr 2025	27.92	27.75	30.00	27.75	0.38 times
09 Wed Apr 2025	29.11	30.74	30.74	29.10	0.624 times
08 Tue Apr 2025	30.59	29.70	31.27	28.35	1.358 times
07 Mon Apr 2025	29.79	29.89	29.89	28.41	0.02 times
04 Fri Apr 2025	29.91	32.94	32.94	29.91	0.202 times
03 Thu Apr 2025	31.49	30.70	31.92	28.88	2.858 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28 as stoploss in an intra day buy trade for a target of 29.18. However, stock will show a bearish move below 28.

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	27.75
Downside Target	28.50
Upside Target	29.17
Upside Target	29.90
Upside Target	31.27
Upside Target	32.94
Upside Target	34.91
Upside Target	41.55
Upside Target	48.81
Upside Target	53.36
Upside Target	61.00

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	28.04
Downside Intraday Target	27.57
Upside Intraday Target	29.44
Upside Intraday Target	30.37
Upside Intraday Target	28.97

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	28.51	29.90	29.90	28.50	0.126 times
17 Thu Apr 2025	28.66	27.92	29.17	27.00	1.696 times
11 Fri Apr 2025	27.92	29.89	31.27	27.75	0.593 times
04 Fri Apr 2025	29.91	27.73	32.94	26.22	0.095 times
28 Fri Mar 2025	27.60	29.00	30.45	26.62	2.02 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 Fabric (MFML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	28.51	27.73	32.94	26.22	0.124 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
31 Fri Jan 2025	36.00	48.00	53.36	34.91	0.685 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mahalaxmi Fabric ( (MFML_BE) ) 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 Fabric ( (MFML_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 red color and prices are below the red cloud Prices appear to be coming down

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 29.43 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.