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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)

10 day averaged volume of Mahalaxmi Fabric is 6117

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	31.50	31.90	31.90	31.00	0.096 times
26 Mon May 2025	32.50	32.59	32.59	31.95	0.306 times
23 Fri May 2025	32.59	31.50	32.65	31.50	0.031 times
22 Thu May 2025	32.80	32.40	32.95	32.40	0.169 times
21 Wed May 2025	32.40	32.71	32.71	32.00	0.346 times
20 Tue May 2025	32.71	32.90	32.90	31.90	0.14 times
19 Mon May 2025	32.90	33.00	33.00	30.50	0.479 times
16 Fri May 2025	31.92	32.00	32.95	31.70	0.26 times
15 Thu May 2025	31.70	31.16	33.00	31.10	0.207 times
14 Wed May 2025	31.95	32.45	32.45	30.45	0.108 times

My analysis of stock is bullish for shortterm, and stock might move up till 32.5 or till 34.1. Use a stoploss of 31.21 and if this stock hits its stoploss, then it can fall down till 29.88

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	34.91
Upside Target	41.55
Upside Target	53.36

Intraday share price targets for Mahalaxmi Fabric (MFML_BE)

Target Type	Value
Downside Intraday Target	30.8
Downside Intraday Target	30.11
Upside Intraday Target	32.39
Upside Intraday Target	33.29
Upside Intraday Target	31.7

Weekly technical analysis of Mahalaxmi Fabric (MFML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	31.50	32.59	32.59	31.00	0.345 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
02 Fri May 2025	28.78	30.65	33.11	28.74	1.27 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
27 Tue May 2025	31.50	30.26	33.00	28.50	0.472 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
28 Fri Feb 2025	29.17	37.80	41.55	28.57	0.375 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 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 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 Fabric ( (MFML_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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Mahalaxmi Fabric in short term and the buy signal is strong.

Mahalaxmi Fabric 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahalaxmi Fabric in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Fabric is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.39 and Mahalaxmi Fabric (MFML_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.