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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 2024-04-05 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 7000

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	123.50	125.30	125.30	123.00	0.429 times
04 Thu Apr 2024	121.95	126.00	126.50	121.00	1 times
03 Wed Apr 2024	121.50	122.25	122.25	121.50	0.857 times
01 Mon Apr 2024	121.60	121.55	121.60	121.50	0.571 times
28 Thu Mar 2024	115.90	115.00	118.00	114.00	1.286 times
27 Wed Mar 2024	120.00	120.00	120.00	120.00	0.429 times
26 Tue Mar 2024	120.00	120.50	120.50	120.00	0.286 times
22 Fri Mar 2024	125.85	123.50	125.85	123.50	2.714 times
21 Thu Mar 2024	120.85	122.75	122.90	120.25	2.429 times
20 Wed Mar 2024	118.70	118.75	118.75	118.70	0.286 times

My analysis of stock is bearish for shortterm, and stock might move down till 115.3 or till 103.4. Use a stoploss of 125.26 and if the stock hits stoploss, then it can shoot up till 135.19

Share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Target	106.40
Downside Target	114.00
Downside Target	118.50
Upside Target	125.85
Upside Target	130.00
Upside Target	137.10
Upside Target	137.75
Upside Target	138.00
Upside Target	146.00
Upside Target	155.00
Upside Target	167.00
Upside Target	179.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	120.83
Downside Intraday Target	118.17
Upside Intraday Target	126.33
Upside Intraday Target	129.17
Upside Intraday Target	123.67

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	123.50	121.55	126.50	121.00	1.429 times
28 Thu Mar 2024	115.90	120.50	120.50	114.00	0.326 times
22 Fri Mar 2024	125.85	118.50	125.85	118.50	0.741 times
15 Fri Mar 2024	123.45	138.00	138.00	106.40	2.32 times
06 Wed Mar 2024	133.10	145.00	146.00	130.00	0.403 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
05 Fri Apr 2024	123.50	121.55	126.50	121.00	0.143 times
28 Thu Mar 2024	115.90	145.00	146.00	106.40	0.67 times
29 Thu Feb 2024	155.00	145.10	155.00	121.55	1.462 times
31 Wed Jan 2024	150.10	166.05	167.00	137.75	0.761 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mcon Rasayan ( (MCON_SM) ) 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 Weak and stock is losing 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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 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 121.75 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 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.