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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 2024-10-15 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 25400

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	151.00	149.25	151.00	147.00	0.197 times
14 Mon Oct 2024	149.25	143.00	149.25	142.00	0.512 times
11 Fri Oct 2024	142.15	146.00	146.00	142.15	0.157 times
10 Thu Oct 2024	148.30	142.95	148.30	142.95	0.118 times
09 Wed Oct 2024	142.95	150.50	150.50	142.90	1.142 times
08 Tue Oct 2024	150.40	150.00	150.95	144.05	0.512 times
15 Mon Jul 2024	191.05	196.00	196.00	191.05	0.157 times
12 Fri Jul 2024	201.10	216.60	216.60	201.10	1.772 times
11 Thu Jul 2024	211.65	205.00	213.50	200.10	1.378 times
10 Wed Jul 2024	204.50	201.35	206.00	199.50	2.008 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 159.6, but if it comes above 159.6, then a intra day buy could be more profitable.
If you take a sell trade below 159.6, then use 159.6 as stoploss and 123.4 as target. However if you take a buy trade in stock , then use 159.6 as stoploss and 189.84 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	151.00
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	145
Downside Intraday Target	139
Upside Intraday Target	154
Upside Intraday Target	157
Downside Intraday Target	148

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	151.00	143.00	151.00	142.00	0.34 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
15 Tue Oct 2024	151.00	150.00	151.00	142.00	0.202 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 185.45 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.