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(MCON_ST) Mcon Rasayan complete technical analysis [charts+indicators] | Buy/Sell Mcon Rasayan | (MCON_ST) share price targets

Complete technical analysis of Mcon Rasayan (MCON_ST) by charts plus indicators, forecast predictions and share price targets for Mcon Rasayan (MCON_ST)

Showing technical analysis as on 2024-09-27 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 13200

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	153.20	151.10	153.20	150.05	0.985 times
26 Thu Sep 2024	156.65	163.00	168.15	155.20	2.045 times
25 Wed Sep 2024	160.15	163.00	166.80	159.10	0.606 times
24 Tue Sep 2024	166.80	183.75	183.75	166.60	1.212 times
23 Mon Sep 2024	175.00	172.50	175.00	172.00	0.455 times
19 Thu Sep 2024	177.30	180.00	180.00	177.00	0.758 times
18 Wed Sep 2024	185.50	185.00	190.00	185.00	0.227 times
17 Tue Sep 2024	186.50	186.10	186.55	186.00	0.303 times
16 Mon Sep 2024	186.10	190.00	190.00	186.10	0.303 times
13 Fri Sep 2024	188.00	188.00	188.00	188.00	0.076 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 153.9, for a target of 169.1 or 181.79

Share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Target	45.40
Downside Target	54.95
Downside Target	57.00
Downside Target	150.05
Upside Target	169.00
Upside Target	175.00
Upside Target	190.00
Upside Target	193.90
Upside Target	194.00
Upside Target	196.50
Upside Target	197.50
Upside Target	209.00

Intraday share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Intraday Target	140.92
Downside Intraday Target	128.63
Upside Intraday Target	174.62
Upside Intraday Target	196.03
Upside Intraday Target	162.33

Weekly technical analysis of Mcon Rasayan (MCON_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	153.20	172.50	183.75	150.05	3.333 times
19 Thu Sep 2024	177.30	190.00	190.00	177.00	0.309 times
13 Fri Sep 2024	188.00	193.95	197.50	184.25	6.182 times
06 Fri Sep 2024	193.95	189.20	194.00	187.85	0.155 times
30 Fri Aug 2024	180.40	194.80	196.50	180.40	1.919 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	153.20	189.20	197.50	150.05	0.752 times
30 Fri Aug 2024	180.40	193.00	209.00	175.00	1.018 times
31 Wed Jul 2024	185.50	185.00	193.90	169.00	8.222 times
03 Mon Apr 2023	54.95	54.95	54.95	54.95	0.011 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_ST)

Price action analysis of Mcon Rasayan ( (MCON_ST) ) 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_ST) ) 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_ST) ) based on a mid to longer 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.

ADX buy sell signal for Mcon Rasayan stock for short term is SELL. Signal strength is Strong and stock is gaining 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mcon Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 165.53 and Mcon Rasayan (MCON_ST) 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_ST) stock. Volume based technical analysis of Mcon Rasayan (MCON_ST) stock is negative.

Mcon Rasayan Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.