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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 2024-03-02 View latest technical analysis

10 day averaged volume of Multi Commodity is 462129

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	3826.35	3839.95	3857.90	3819.90	0.043 times
01 Fri Mar 2024	3819.75	3835.00	3877.85	3800.05	1.564 times
29 Thu Feb 2024	3763.80	3677.90	3788.90	3640.00	1.182 times
28 Wed Feb 2024	3660.05	3731.70	3758.00	3650.00	0.741 times
27 Tue Feb 2024	3720.25	3664.90	3749.90	3652.50	1.419 times
26 Mon Feb 2024	3663.60	3679.95	3705.00	3623.75	0.518 times
23 Fri Feb 2024	3676.95	3687.40	3715.00	3636.00	0.458 times
22 Thu Feb 2024	3668.00	3687.00	3687.00	3606.55	0.744 times
21 Wed Feb 2024	3653.95	3733.55	3756.00	3635.65	1.115 times
20 Tue Feb 2024	3708.05	3715.00	3766.00	3691.05	0.976 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3819, but if it comes below 3819, then a intra day sell could be more profitable.
If you take a sell trade below 3819, then use 3819 as stoploss and 3674.84 as target. However if you take a buy trade in stock , then use 3819 as stoploss and 3992 as target.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2337.85
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3219.00
Downside Target	3292.00
Downside Target	3452.00
Downside Target	3593.05
Downside Target	3766.00
Downside Target	3785.00
Downside Target	3800.05
Upside Target	3877.85
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3674.12
Downside Intraday Target	3521.88
Upside Intraday Target	3928.22
Upside Intraday Target	4030.08
Downside Intraday Target	3775.98

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	3826.35	3679.95	3877.85	3623.75	1.195 times
23 Fri Feb 2024	3676.95	3614.00	3766.00	3593.05	0.428 times
16 Fri Feb 2024	3584.75	3785.00	3785.00	3292.00	1.139 times
09 Fri Feb 2024	3829.90	3684.80	3990.00	3610.00	1.134 times
02 Fri Feb 2024	3655.10	3250.00	3681.80	3226.45	1.353 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 Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	3826.35	3835.00	3877.85	3800.05	0.05 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
29 Fri Dec 2023	3199.85	3210.00	3344.00	3059.25	0.435 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 3719.47 and Multi Commodity (MCX) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.