Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MCON_SM) Mcon Rasayan complete technical analysis [charts+indicators] | Buy/Sell Mcon Rasayan | (MCON_SM) share price targets

Complete technical analysis of Mcon Rasayan (MCON_SM) by charts plus indicators, forecast predictions and share price targets for Mcon Rasayan (MCON_SM)

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 7500

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	147.00	142.30	147.00	142.30	1.067 times
25 Thu Jan 2024	140.00	145.55	145.55	137.75	1.867 times
24 Wed Jan 2024	145.00	150.15	150.15	144.00	1.333 times
23 Tue Jan 2024	150.15	153.10	156.50	150.10	0.933 times
22 Mon Jan 2024	158.00	152.00	158.00	152.00	0.4 times
19 Fri Jan 2024	152.50	150.75	154.65	150.50	2.133 times
18 Thu Jan 2024	158.00	154.05	158.00	154.05	0.267 times
17 Wed Jan 2024	160.00	160.25	160.25	155.00	0.533 times
16 Tue Jan 2024	152.95	152.50	152.95	151.00	0.4 times
15 Mon Jan 2024	154.05	155.00	158.00	153.05	0.667 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 148.9, but if it comes above 148.9, then a intra day buy could be more profitable.
If you take a sell trade below 148.9, then use 148.9 as stoploss and 141.4 as target. However if you take a buy trade in stock , then use 148.9 as stoploss and 155.14 as target.

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	116.00
Downside Target	121.00
Downside Target	136.90
Downside Target	142.30
Downside Target	147.00
Upside Target	158.00
Upside Target	159.40
Upside Target	160.25
Upside Target	164.00
Upside Target	167.00
Upside Target	173.00
Upside Target	179.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	143.87
Downside Intraday Target	140.73
Upside Intraday Target	148.57
Upside Intraday Target	150.13
Downside Intraday Target	145.43

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	147.00	142.30	147.00	142.30	0.235 times
25 Thu Jan 2024	140.00	152.00	158.00	137.75	1.133 times
19 Fri Jan 2024	152.50	155.00	160.25	150.50	0.811 times
12 Fri Jan 2024	153.25	155.10	164.00	148.05	1.85 times
05 Fri Jan 2024	155.10	166.05	167.00	150.00	0.286 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 Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	147.00	166.05	167.00	137.75	0.686 times
29 Fri Dec 2023	172.50	137.10	179.35	137.10	1.253 times
30 Thu Nov 2023	140.10	144.65	153.15	136.90	0.714 times
31 Tue Oct 2023	142.00	123.00	159.40	121.00	1.045 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 Mcon Rasayan (MCON_SM)

Price action analysis of Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mcon Rasayan in short term and the sell signal is strong.

Mcon Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Mcon Rasayan 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

Stock of Mcon Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 149.11 and Mcon Rasayan (MCON_SM) 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 Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan 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.