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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 2024-10-09 View latest technical analysis

10 day averaged volume of Multi Commodity is 420492

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	6101.40	6049.95	6134.95	5958.55	0.998 times
08 Tue Oct 2024	6002.45	5771.70	6031.00	5760.30	1.241 times
07 Mon Oct 2024	5771.65	5857.95	5881.00	5677.45	0.756 times
04 Fri Oct 2024	5805.15	5795.00	5949.85	5692.90	1.147 times
03 Thu Oct 2024	5784.70	5750.00	5977.20	5740.00	1.118 times
01 Tue Oct 2024	5828.60	5700.00	5879.55	5700.00	0.855 times
30 Mon Sep 2024	5660.30	5718.00	5771.90	5642.00	0.492 times
27 Fri Sep 2024	5702.90	5715.65	5796.50	5646.15	0.435 times
26 Thu Sep 2024	5715.65	5800.00	5813.45	5630.00	0.921 times
25 Wed Sep 2024	5778.35	6000.00	6035.45	5750.35	2.057 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 6182.6, for a target of 5929.3 or 5718.17

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2917.85
Downside Target	3620.30
Downside Target	4043.00
Downside Target	4130.05
Downside Target	4346.85
Downside Target	5125.60
Downside Target	5630.00
Downside Target	5966.55
Downside Target	5977.20
Downside Target	6035.45
Upside Target	6134.95

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	5807.58
Downside Intraday Target	5513.77
Upside Intraday Target	6265.08
Upside Intraday Target	6428.77
Downside Intraday Target	5971.27

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	6101.40	5857.95	6134.95	5677.45	0.829 times
04 Fri Oct 2024	5805.15	5718.00	5977.20	5642.00	0.679 times
27 Fri Sep 2024	5702.90	5815.00	6035.45	5630.00	0.427 times
20 Fri Sep 2024	5804.15	5328.00	5966.55	5320.00	3.684 times
13 Fri Sep 2024	5308.80	5359.95	5408.90	5211.60	0.695 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
09 Wed Oct 2024	6101.40	5700.00	6134.95	5677.45	0.231 times
30 Mon Sep 2024	5660.30	5209.85	6035.45	5125.60	0.911 times
30 Fri Aug 2024	5182.80	4328.00	5234.60	4130.05	0.785 times
31 Wed Jul 2024	4289.70	3939.95	4346.85	3620.30	1.262 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 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 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 SELL signal for Multi Commodity in short term but the sell signal is initial and weak.

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

Stock of Multi Commodity is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5830.97 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.