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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 2024-04-03 View latest technical analysis

10 day averaged volume of Multi Commodity is 417985

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	3573.90	3565.00	3586.90	3501.20	0.91 times
02 Tue Apr 2024	3575.90	3540.05	3598.00	3540.05	0.811 times
01 Mon Apr 2024	3562.20	3330.00	3577.00	3310.00	1.826 times
28 Thu Mar 2024	3349.60	3365.25	3394.65	3315.60	0.794 times
27 Wed Mar 2024	3356.80	3393.95	3410.00	3330.05	0.637 times
26 Tue Mar 2024	3361.90	3316.25	3382.00	3308.90	0.878 times
22 Fri Mar 2024	3336.85	3277.00	3360.85	3260.05	1.002 times
21 Thu Mar 2024	3279.55	3233.30	3300.70	3225.05	1.009 times
20 Wed Mar 2024	3205.15	3200.00	3231.00	3174.00	0.873 times
19 Tue Mar 2024	3178.55	3208.00	3233.70	3170.25	0.774 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3566.5, but if it comes below 3566.5, then a intra day sell could be more profitable.
If you take a sell trade below 3566.5, then use 3566.5 as stoploss and 3402.8 as target. However if you take a buy trade in stock , then use 3566.5 as stoploss and 3763 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	3452.00
Downside Target	3458.00
Upside Target	3598.00
Upside Target	3628.35
Upside Target	3844.00
Upside Target	3877.85
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3389.93
Downside Intraday Target	3205.97
Upside Intraday Target	3677.93
Upside Intraday Target	3781.97
Downside Intraday Target	3493.97

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	3573.90	3330.00	3598.00	3310.00	1.536 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
15 Fri Mar 2024	3258.55	3616.95	3628.35	3075.25	1.608 times
07 Thu Mar 2024	3616.95	3840.00	3844.00	3458.00	0.666 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	3573.90	3330.00	3598.00	3310.00	0.181 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 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 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 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 Weak and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Multi Commodity in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 3396.82 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 negative.

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