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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 2024-12-27 View latest technical analysis

10 day averaged volume of Mcon Rasayan is 64700

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	210.75	219.95	222.00	208.25	0.232 times
26 Thu Dec 2024	218.00	224.00	226.00	217.90	0.17 times
24 Tue Dec 2024	222.40	229.00	229.90	216.10	0.433 times
23 Mon Dec 2024	220.80	220.80	220.80	201.15	2.875 times
20 Fri Dec 2024	210.30	210.30	210.30	210.30	0.139 times
19 Thu Dec 2024	200.30	200.30	200.30	200.30	0.433 times
18 Wed Dec 2024	190.80	186.00	190.80	186.00	0.85 times
17 Tue Dec 2024	181.75	173.85	181.75	173.10	0.696 times
16 Mon Dec 2024	173.10	165.00	173.10	165.00	2.581 times
13 Fri Dec 2024	164.90	162.00	165.00	158.00	0.927 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 203.5, but if it comes below 203.5, then a intra day sell could be more profitable.
If you take a sell trade below 203.5, then use 203.5 as stoploss and 177.8 as target. However if you take a buy trade in stock , then use 203.5 as stoploss and 234.4 as target.

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	197.97
Downside Intraday Target	185.18
Upside Intraday Target	226.72
Upside Intraday Target	242.68
Upside Intraday Target	213.93

Weekly technical analysis of Mcon Rasayan (MCON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	210.75	220.80	229.90	201.15	0.789 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
27 Fri Dec 2024	210.75	153.00	229.90	150.00	1.05 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 losing 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 195.08 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.