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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 2024-10-11 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 26800

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	142.15	146.00	146.00	142.15	0.149 times
10 Thu Oct 2024	148.30	142.95	148.30	142.95	0.112 times
09 Wed Oct 2024	142.95	150.50	150.50	142.90	1.082 times
08 Tue Oct 2024	150.40	150.00	150.95	144.05	0.485 times
15 Mon Jul 2024	191.05	196.00	196.00	191.05	0.149 times
12 Fri Jul 2024	201.10	216.60	216.60	201.10	1.679 times
11 Thu Jul 2024	211.65	205.00	213.50	200.10	1.306 times
10 Wed Jul 2024	204.50	201.35	206.00	199.50	1.903 times
09 Tue Jul 2024	210.00	196.50	210.00	196.50	2.127 times
08 Mon Jul 2024	206.85	206.90	208.00	206.85	0.224 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 129.8, for a target of 163.6 or 191.79

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	115.00
Downside Target	135.00
Downside Target	138.50
Downside Target	142.15
Upside Target	150.95
Upside Target	157.70
Upside Target	191.05
Upside Target	196.00
Upside Target	201.10
Upside Target	210.65
Upside Target	216.60
Upside Target	244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	124.2
Downside Intraday Target	106.25
Upside Intraday Target	178.05
Upside Intraday Target	213.95
Upside Intraday Target	160.1

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	142.15	196.00	196.00	142.15	0.273 times
12 Fri Jul 2024	201.10	206.90	216.60	196.50	1.448 times
05 Fri Jul 2024	217.70	211.15	244.35	210.65	1.117 times
28 Fri Jun 2024	201.10	160.00	201.10	160.00	0.789 times
21 Fri Jun 2024	157.70	148.45	157.70	135.70	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
11 Fri Oct 2024	142.15	150.00	150.95	142.15	0.148 times
15 Mon Jul 2024	191.05	211.15	244.35	191.05	0.938 times
28 Fri Jun 2024	201.10	149.50	201.10	135.00	0.898 times
31 Fri May 2024	150.00	128.00	162.60	105.35	3.339 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Mcon Rasayan 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 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 SELL signal in short term but selling is losing 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 194.24 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.