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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 2024-11-27 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 52000

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	152.25	150.00	154.00	146.25	0.558 times
26 Tue Nov 2024	149.10	154.00	159.40	145.20	2.423 times
25 Mon Nov 2024	152.85	155.00	165.95	151.00	5.212 times
22 Fri Nov 2024	158.35	158.35	158.35	158.35	0.038 times
21 Thu Nov 2024	166.65	166.65	166.65	166.65	0.019 times
19 Tue Nov 2024	175.40	175.40	176.10	175.40	1.135 times
18 Mon Nov 2024	184.60	184.60	184.60	184.60	0.019 times
14 Thu Nov 2024	194.30	194.30	194.30	194.30	0.096 times
13 Wed Nov 2024	204.50	210.00	210.00	200.00	0.596 times
12 Tue Nov 2024	200.00	191.95	200.00	191.95	0.154 times

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 137.1 as target. However if you take a buy trade in stock , then use 157.7 as stoploss and 174.88 as target.

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	105.35
Downside Target	135.00
Downside Target	145.20
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	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	142.98
Downside Intraday Target	133.72
Upside Intraday Target	163.73
Upside Intraday Target	175.22
Upside Intraday Target	154.47

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	152.25	155.00	165.95	145.20	6.762 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
27 Wed Nov 2024	152.25	172.50	210.00	145.20	4.012 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 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 gaining 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 SELL signal for Mcon Rasayan in short term and SELL signal is strong!

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 158.63 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.