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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 2025-06-03 View latest technical analysis

10 day averaged volume of Mahalaxmi Fabric is 1912

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	30.82	31.21	34.05	30.82	16.607 times
02 Mon Jun 2025	32.45	31.00	32.55	31.00	2.771 times
30 Fri May 2025	31.00	30.78	31.04	29.00	1.695 times
29 Thu May 2025	29.57	30.74	31.40	29.50	0.939 times
28 Wed May 2025	30.14	32.15	32.15	29.98	1.111 times
27 Tue May 2025	31.50	31.90	31.90	31.00	0.308 times
26 Mon May 2025	32.50	32.59	32.59	31.95	0.98 times
23 Fri May 2025	32.59	31.50	32.65	31.50	0.099 times
22 Thu May 2025	32.80	32.40	32.95	32.40	0.539 times
21 Wed May 2025	32.40	32.71	32.71	32.00	1.108 times

Stock of Mahalaxmi Fabric (MFML_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 30.1 or till 28.6. Use a stoploss of 31.34 and if the stock hits stoploss, then it can shoot up till 32.59

Share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Target	26.22
Downside Target	28.50
Downside Target	30.50
Upside Target	32.59
Upside Target	33.00
Upside Target	33.11
Upside Target	34.05
Upside Target	41.55

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	29.74
Downside Intraday Target	28.67
Upside Intraday Target	32.97
Upside Intraday Target	35.13
Upside Intraday Target	31.9

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	30.82	31.00	34.05	30.82	3.85 times
30 Fri May 2025	31.00	32.59	32.59	29.00	1.35 times
23 Fri May 2025	32.59	33.00	33.00	30.50	0.136 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

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

Monthly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	30.82	31.00	34.05	30.82	0.518 times
30 Fri May 2025	31.00	30.26	33.00	28.50	0.525 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

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 Fabric (MFML_BE)

Price action analysis of Mahalaxmi Fabric ( (MFML_BE) ) 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 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 to mid 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 Fabric ( (MFML_BE) ) based on a mid to longer 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.

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 SELL signal for Mahalaxmi Fabric in short term but the sell signal is initial and weak.

Mahalaxmi Fabric 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

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 31.12 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.