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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 2024-10-01 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 9900

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	156.95	160.00	168.85	155.00	1.717 times
30 Mon Sep 2024	160.85	153.00	160.85	153.00	0.808 times
27 Fri Sep 2024	153.20	151.10	153.20	150.05	1.313 times
26 Thu Sep 2024	156.65	163.00	168.15	155.20	2.727 times
25 Wed Sep 2024	160.15	163.00	166.80	159.10	0.808 times
24 Tue Sep 2024	166.80	183.75	183.75	166.60	1.616 times
23 Mon Sep 2024	175.00	172.50	175.00	172.00	0.606 times
19 Thu Sep 2024	177.30	180.00	180.00	177.00	1.01 times
18 Wed Sep 2024	185.50	185.00	190.00	185.00	0.303 times
17 Tue Sep 2024	186.50	186.10	186.55	186.00	0.404 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 165, but if it comes above 165, then a intra day buy could be more profitable.
If you take a sell trade below 165, then use 165 as stoploss and 147.7 as target. However if you take a buy trade in stock , then use 165 as stoploss and 179.4 as target.

Share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Target	54.95
Downside Target	150.05
Upside Target	168.85
Upside Target	175.00
Upside Target	183.75
Upside Target	187.85
Upside Target	190.00
Upside Target	193.90
Upside Target	194.00
Upside Target	197.50
Upside Target	209.00

Intraday share price targets for Mcon Rasayan (MCON_ST)

Target Type	Value
Downside Intraday Target	150.35
Downside Intraday Target	143.75
Upside Intraday Target	166.2
Upside Intraday Target	175.45
Upside Intraday Target	159.6

Weekly technical analysis of Mcon Rasayan (MCON_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	156.95	153.00	168.85	153.00	0.357 times
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

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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	156.95	160.00	168.85	155.00	0.096 times
30 Mon Sep 2024	160.85	189.20	197.50	150.05	0.788 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

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 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_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 BUY. Signal strength is Weak 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 coming down

CCI has generated a buy signal for Mcon Rasayan in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 162.96 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.