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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 2024-09-25 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 10248

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	164.83	166.17	168.00	164.05	0.589 times
24 Tue Sep 2024	165.38	169.41	170.39	165.00	1.054 times
23 Mon Sep 2024	166.00	168.99	173.99	164.50	1.964 times
20 Fri Sep 2024	168.29	167.80	170.70	164.25	0.799 times
19 Thu Sep 2024	166.53	166.30	172.36	166.10	0.719 times
18 Wed Sep 2024	168.05	174.97	175.19	166.00	2.071 times
17 Tue Sep 2024	171.08	171.75	174.15	170.00	0.336 times
16 Mon Sep 2024	171.75	175.99	175.99	171.00	0.535 times
13 Fri Sep 2024	173.51	176.87	176.87	171.21	0.78 times
12 Thu Sep 2024	174.37	170.50	176.78	168.80	1.225 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 163.9, for a target of 167.3 or 170.15

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	164.05
Upside Target	178.85
Upside Target	185.50
Upside Target	185.60
Upside Target	186.70
Upside Target	201.05
Upside Target	208.34
Upside Target	225.00
Upside Target	233.59
Upside Target	290.60

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	161.26
Downside Intraday Target	157.68
Upside Intraday Target	171.2
Upside Intraday Target	177.56
Upside Intraday Target	167.62

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	164.83	168.99	173.99	164.05	0.809 times
20 Fri Sep 2024	168.29	175.99	175.99	164.25	1.039 times
13 Fri Sep 2024	173.51	170.02	177.00	168.80	0.799 times
06 Fri Sep 2024	170.16	174.00	178.85	168.00	0.521 times
30 Fri Aug 2024	173.33	186.70	186.70	172.00	0.165 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 Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	164.83	174.00	178.85	164.05	0.142 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
28 Fri Jun 2024	199.82	212.00	225.00	185.50	0.162 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 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 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 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.

Mahalaxmi Rubtech 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 SELL signal for Mahalaxmi Rubtech in short term and SELL 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

Stock of Mahalaxmi Rubtech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 168.58 and Mahalaxmi Rubtech (MHLXMIRU) 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 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.