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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 2024-11-25 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 19500

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	152.85	155.00	165.95	151.00	13.897 times
22 Fri Nov 2024	158.35	158.35	158.35	158.35	0.103 times
21 Thu Nov 2024	166.65	166.65	166.65	166.65	0.051 times
19 Tue Nov 2024	175.40	175.40	176.10	175.40	3.026 times
18 Mon Nov 2024	184.60	184.60	184.60	184.60	0.051 times
14 Thu Nov 2024	194.30	194.30	194.30	194.30	0.256 times
13 Wed Nov 2024	204.50	210.00	210.00	200.00	1.59 times
12 Tue Nov 2024	200.00	191.95	200.00	191.95	0.41 times
11 Mon Nov 2024	190.50	192.00	193.00	190.00	0.821 times
08 Fri Nov 2024	191.00	191.00	196.40	187.00	1.282 times

Stock of Mcon Rasayan (MCON_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 157.7, but if it comes above 157.7, then a intra day buy could be more profitable.
If you take a sell trade below 157.7, then use 157.7 as stoploss and 137.2 as target. However if you take a buy trade in stock , then use 157.7 as stoploss and 174.89 as target.

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	135.00
Downside Target	150.15
Upside Target	158.35
Upside Target	162.60
Upside Target	172.50
Upside Target	184.60
Upside Target	190.00
Upside Target	191.05
Upside Target	199.85
Upside Target	201.10
Upside Target	210.00
Upside Target	244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	147.25
Downside Intraday Target	141.65
Upside Intraday Target	162.2
Upside Intraday Target	171.55
Upside Intraday Target	156.6

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	152.85	155.00	165.95	151.00	4.302 times
22 Fri Nov 2024	158.35	184.60	184.60	158.35	1.05 times
14 Thu Nov 2024	194.30	192.00	210.00	190.00	0.441 times
08 Fri Nov 2024	191.00	164.50	199.85	164.50	6.182 times
01 Fri Nov 2024	164.50	151.00	172.50	150.15	0.306 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
25 Mon Nov 2024	152.85	172.50	210.00	151.00	3.11 times
31 Thu Oct 2024	164.35	150.00	164.40	135.90	0.518 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 165.09 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.