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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 2024-12-24 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 73900

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	222.40	229.00	229.90	216.10	0.379 times
23 Mon Dec 2024	220.80	220.80	220.80	201.15	2.517 times
20 Fri Dec 2024	210.30	210.30	210.30	210.30	0.122 times
19 Thu Dec 2024	200.30	200.30	200.30	200.30	0.379 times
18 Wed Dec 2024	190.80	186.00	190.80	186.00	0.744 times
17 Tue Dec 2024	181.75	173.85	181.75	173.10	0.609 times
16 Mon Dec 2024	173.10	165.00	173.10	165.00	2.26 times
13 Fri Dec 2024	164.90	162.00	165.00	158.00	0.812 times
12 Thu Dec 2024	159.05	159.00	165.00	159.00	0.785 times
11 Wed Dec 2024	158.90	160.00	160.00	155.00	0.636 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 223.2, for a target of 195.1 or 171.72

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	159.90
Downside Target	164.40
Downside Target	191.05
Downside Target	201.10
Downside Target	201.15
Downside Target	210.00
Downside Target	210.30
Upside Target	229.90
Upside Target	244.35

Intraday share price targets for Mcon Rasayan (MCON_SM)

Target Type	Value
Downside Intraday Target	205.73
Downside Intraday Target	189.07
Upside Intraday Target	234.48
Upside Intraday Target	246.57
Downside Intraday Target	217.82

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	222.40	220.80	229.90	201.15	0.704 times
20 Fri Dec 2024	210.30	165.00	210.30	165.00	1.027 times
13 Fri Dec 2024	164.90	154.00	165.00	150.50	1.762 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

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
24 Tue Dec 2024	222.40	153.00	229.90	150.00	1.023 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mcon Rasayan 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.

Mcon Rasayan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Mcon Rasayan 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 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 188.82 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.