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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 2024-06-13 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 8300

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	143.50	143.45	147.95	143.45	1.084 times
12 Wed Jun 2024	151.00	149.95	151.00	145.55	0.361 times
11 Tue Jun 2024	151.05	151.00	151.05	151.00	0.241 times
10 Mon Jun 2024	150.95	146.00	151.00	145.50	3.855 times
07 Fri Jun 2024	143.85	142.00	143.85	142.00	0.723 times
06 Thu Jun 2024	137.00	136.25	139.00	135.00	0.964 times
05 Wed Jun 2024	138.00	140.00	140.00	138.00	0.241 times
04 Tue Jun 2024	142.45	142.45	142.50	142.45	0.602 times
03 Mon Jun 2024	149.95	149.50	152.00	148.00	0.602 times
31 Fri May 2024	150.00	143.40	150.00	140.45	1.928 times

My analysis of stock is bullish for shortterm, and stock might move up till 154.8 or till 171.7. Use a stoploss of 140.77 and if this stock hits its stoploss, then it can fall down till 126.71

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	121.55
Downside Target	129.90
Downside Target	135.00
Downside Target	138.50
Downside Target	143.45
Upside Target	151.05
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	140.95
Downside Intraday Target	138.4
Upside Intraday Target	148.55
Upside Intraday Target	153.6
Upside Intraday Target	146

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	143.50	146.00	151.05	143.45	1.769 times
07 Fri Jun 2024	143.85	149.50	152.00	135.00	0.181 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mcon Rasayan (MCON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	143.50	149.50	152.00	135.00	0.183 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 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 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 to mid 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 Mcon Rasayan ( (MCON_SM) ) 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 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 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 Mcon Rasayan 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 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 147.43 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.