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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 2024-10-14 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 24700

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	149.25	143.00	149.25	142.00	0.526 times
11 Fri Oct 2024	142.15	146.00	146.00	142.15	0.162 times
10 Thu Oct 2024	148.30	142.95	148.30	142.95	0.121 times
09 Wed Oct 2024	142.95	150.50	150.50	142.90	1.174 times
08 Tue Oct 2024	150.40	150.00	150.95	144.05	0.526 times
15 Mon Jul 2024	191.05	196.00	196.00	191.05	0.162 times
12 Fri Jul 2024	201.10	216.60	216.60	201.10	1.822 times
11 Thu Jul 2024	211.65	205.00	213.50	200.10	1.417 times
10 Wed Jul 2024	204.50	201.35	206.00	199.50	2.065 times
09 Tue Jul 2024	210.00	196.50	210.00	196.50	2.308 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 161.9, but if it comes above 161.9, then a intra day buy could be more profitable.
If you take a sell trade below 161.9, then use 161.9 as stoploss and 126.9 as target. However if you take a buy trade in stock , then use 161.9 as stoploss and 190.98 as target.

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	142.00
Downside Target	149.25
Upside Target	160.00
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	144.42
Downside Intraday Target	139.58
Upside Intraday Target	151.67
Upside Intraday Target	154.08
Downside Intraday Target	146.83

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	149.25	143.00	149.25	142.00	0.245 times
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

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
14 Mon Oct 2024	149.25	150.00	150.95	142.00	0.187 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 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 SELL signal in short term and selling is picking up 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 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 191.64 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.