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(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 2024-06-05 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 31500

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	138.00	140.00	140.00	138.00	0.063 times
04 Tue Jun 2024	142.45	142.45	142.50	142.45	0.159 times
03 Mon Jun 2024	149.95	149.50	152.00	148.00	0.159 times
31 Fri May 2024	150.00	143.40	150.00	140.45	0.508 times
30 Thu May 2024	147.85	149.00	150.00	143.50	0.127 times
29 Wed May 2024	149.90	139.90	149.95	139.90	0.413 times
28 Tue May 2024	147.25	147.25	147.35	147.25	1.143 times
27 Mon May 2024	155.00	161.90	162.60	147.15	2.381 times
24 Fri May 2024	154.90	154.80	155.15	136.75	2.698 times
23 Thu May 2024	141.05	141.00	141.05	141.00	1.778 times

My analysis of stock is bullish for shortterm, and stock might move up till 149.1 or till 167.4. Use a stoploss of 133.76 and if this stock hits its stoploss, then it can fall down till 118.46

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	110.00
Downside Target	115.00
Downside Target	119.00
Downside Target	121.55
Downside Target	128.00
Downside Target	138.00
Upside Target	146.00
Upside Target	152.00
Upside Target	155.00
Upside Target	155.15
Upside Target	162.60

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	133.33
Downside Intraday Target	128.67
Upside Intraday Target	147.33
Upside Intraday Target	156.67
Upside Intraday Target	142.67

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	138.00	149.50	152.00	138.00	0.083 times
31 Fri May 2024	150.00	161.90	162.60	139.90	0.814 times
24 Fri May 2024	154.90	116.00	155.15	110.00	2.855 times
18 Sat May 2024	106.00	119.00	129.90	105.35	1.632 times
03 Fri May 2024	120.00	127.00	128.00	119.00	2.714 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 Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	138.00	149.50	152.00	138.00	0.03 times
31 Fri May 2024	150.00	128.00	162.60	105.35	3.339 times
29 Mon Apr 2024	127.95	121.55	138.50	115.00	0.843 times
28 Thu Mar 2024	115.90	145.00	146.00	106.40	0.67 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 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 Mcon Rasayan ( (MCON_SM) ) 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 Mcon Rasayan ( (MCON_SM) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mcon Rasayan in short term and the buy signal is strong.

Mcon Rasayan 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 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 Mcon Rasayan 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 150.4 and Mcon Rasayan (MCON_SM) 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 Mcon Rasayan (MCON_SM) stock. Volume based technical analysis of Mcon Rasayan (MCON_SM) stock is negative.

Mcon Rasayan 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.