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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 2024-12-11 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 59800

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	158.90	160.00	160.00	155.00	0.786 times
10 Tue Dec 2024	159.90	153.95	160.00	153.95	1.405 times
09 Mon Dec 2024	153.95	154.00	159.75	150.50	0.786 times
06 Fri Dec 2024	156.20	156.00	156.95	155.10	0.084 times
05 Thu Dec 2024	159.35	158.00	159.90	155.50	0.92 times
04 Wed Dec 2024	158.00	157.75	158.00	157.65	0.301 times
03 Tue Dec 2024	156.40	151.10	157.30	151.00	0.736 times
02 Mon Dec 2024	150.75	153.00	153.00	150.00	0.769 times
29 Fri Nov 2024	150.35	155.00	161.50	150.00	4.314 times
28 Thu Nov 2024	154.95	153.90	157.90	150.65	0.201 times

My analysis of stock is bearish for shortterm, and stock might move down till 148 or till 127.8. Use a stoploss of 164.84 and if the stock hits stoploss, then it can shoot up till 181.69

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	135.00
Downside Target	145.20
Downside Target	150.00
Downside Target	158.35
Upside Target	164.40
Upside Target	184.60
Upside Target	190.00
Upside Target	191.05
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	152.93
Downside Intraday Target	146.97
Upside Intraday Target	162.43
Upside Intraday Target	165.97
Downside Intraday Target	156.47

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	158.90	154.00	160.00	150.50	1.06 times
06 Fri Dec 2024	156.20	153.00	159.90	150.00	0.241 times
29 Fri Nov 2024	150.35	155.00	165.95	145.20	11.048 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

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
11 Wed Dec 2024	158.90	153.00	160.00	150.00	0.36 times
29 Fri Nov 2024	150.35	172.50	210.00	145.20	5.581 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

Scroll below to view daily charts

Price has moved up 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mcon Rasayan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mcon Rasayan in short term and BUY 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

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 154.21 and Mcon Rasayan (MCON_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.