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(MCX) Multi Commodity complete technical analysis [charts+indicators] | Buy/Sell Multi Commodity | (MCX) share price targets

Complete technical analysis of Multi Commodity (MCX) by charts plus indicators, forecast predictions and share price targets for Multi Commodity (MCX)

Multi Commodity trades in NSE in Other Financial Services sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Multi Commodity is 1059293

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	3745.00	3700.00	3802.05	3662.35	0.74 times
15 Mon Apr 2024	3727.05	3795.00	3809.65	3660.20	1.303 times
12 Fri Apr 2024	3818.25	3884.05	4072.60	3807.00	2.285 times
10 Wed Apr 2024	3903.95	3781.90	3986.15	3747.20	2.81 times
09 Tue Apr 2024	3732.10	3629.95	3742.50	3575.05	0.943 times
08 Mon Apr 2024	3597.00	3595.00	3635.00	3572.05	0.391 times
05 Fri Apr 2024	3563.70	3590.05	3600.00	3535.00	0.215 times
04 Thu Apr 2024	3590.50	3596.05	3645.00	3528.15	0.654 times
03 Wed Apr 2024	3573.90	3565.00	3586.90	3501.20	0.359 times
02 Tue Apr 2024	3575.90	3540.05	3598.00	3540.05	0.32 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3713, but if it comes below 3713, then a intra day sell could be more profitable.
If you take a sell trade below 3713, then use 3713 as stoploss and 3495.58 as target. However if you take a buy trade in stock , then use 3713 as stoploss and 3973.8 as target.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3150.00
Downside Target	3292.00
Downside Target	3572.05
Downside Target	3645.00
Downside Target	3660.20
Upside Target	3809.65
Upside Target	3877.85
Upside Target	3990.00
Upside Target	4072.60

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3666.92
Downside Intraday Target	3588.83
Upside Intraday Target	3816.37
Upside Intraday Target	3887.73
Downside Intraday Target	3738.28

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	3745.00	3795.00	3809.65	3660.20	0.318 times
12 Fri Apr 2024	3818.25	3595.00	4072.60	3572.05	2.834 times
05 Fri Apr 2024	3563.70	3330.00	3645.00	3310.00	2.49 times
28 Thu Mar 2024	3349.60	3316.25	3410.00	3308.90	0.457 times
22 Fri Mar 2024	3336.85	3220.00	3360.85	3150.00	0.78 times

Price has moved down 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 Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	3745.00	3330.00	4072.60	3310.00	1.385 times
28 Thu Mar 2024	3349.60	3835.00	3877.85	3075.25	0.548 times
29 Thu Feb 2024	3763.80	3402.05	3990.00	3292.00	1.292 times
31 Wed Jan 2024	3414.05	3195.00	3452.00	2958.00	0.757 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 Multi Commodity (MCX)

Price action analysis of Multi Commodity ( (MCX) ) 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 Multi Commodity ( (MCX) ) based on a short 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 Multi Commodity ( (MCX) ) 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 Multi Commodity ( (MCX) ) 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 Multi Commodity stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Multi Commodity in short term and the buy signal is strong.

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

Multi Commodity Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Multi Commodity in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Multi Commodity is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3771.45 and Multi Commodity (MCX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Multi Commodity (MCX) stock. Volume based technical analysis of Multi Commodity (MCX) stock is negative.

Multi Commodity Stock is giving positive 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.