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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 2024-10-29 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 9695

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	150.99	159.50	159.99	149.07	0.864 times
28 Mon Oct 2024	151.17	149.45	152.00	140.87	0.956 times
25 Fri Oct 2024	141.57	149.56	153.44	138.50	1.53 times
24 Thu Oct 2024	151.57	155.00	155.00	148.10	0.537 times
23 Wed Oct 2024	152.23	152.65	153.93	147.45	0.316 times
22 Tue Oct 2024	151.98	160.45	160.45	150.00	0.582 times
21 Mon Oct 2024	156.58	157.35	158.38	155.00	0.454 times
18 Fri Oct 2024	158.92	157.95	160.95	153.99	0.742 times
17 Thu Oct 2024	157.95	163.99	164.38	154.02	2.2 times
16 Wed Oct 2024	160.98	166.04	168.58	158.47	1.854 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 151.5, but if it comes above 151.5, then a intra day buy could be more profitable.
If you take a sell trade below 151.5, then use 151.5 as stoploss and 142.8 as target. However if you take a buy trade in stock , then use 151.5 as stoploss and 158.75 as target.

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	150.60
Upside Target	153.99
Upside Target	159.01
Upside Target	164.05
Upside Target	173.99
Upside Target	178.85
Upside Target	185.50
Upside Target	185.60
Upside Target	208.34
Upside Target	225.00
Upside Target	233.59

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	141.24
Downside Intraday Target	131.5
Upside Intraday Target	160.36
Upside Intraday Target	169.74
Downside Intraday Target	150.62

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	150.99	149.45	159.99	140.87	0.532 times
25 Fri Oct 2024	141.57	157.35	160.45	138.50	0.554 times
18 Fri Oct 2024	158.92	166.14	171.07	153.99	1.321 times
11 Fri Oct 2024	167.05	163.47	173.99	150.60	1.561 times
04 Fri Oct 2024	162.93	170.00	170.00	159.01	0.38 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)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	150.99	170.00	173.99	138.50	0.794 times
30 Mon Sep 2024	165.95	174.00	178.85	164.05	0.176 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Mahalaxmi Rubtech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahalaxmi Rubtech 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. Bears are weakening, and bulls are picking up momentum!

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 Rubtech 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 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 153.91 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.