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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 2024-10-23 View latest technical analysis

10 day averaged volume of Multi Commodity is 507062

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	6686.05	6416.00	6809.45	6416.00	1.301 times
22 Tue Oct 2024	6431.05	6640.00	6698.40	6395.00	1.122 times
21 Mon Oct 2024	6629.00	6645.65	6680.00	6434.95	1.891 times
18 Fri Oct 2024	6561.15	6305.00	6605.95	6280.55	1.054 times
17 Thu Oct 2024	6341.45	6438.70	6479.85	6318.55	0.624 times
16 Wed Oct 2024	6428.30	6450.00	6590.00	6401.00	0.93 times
15 Tue Oct 2024	6511.00	6533.95	6547.75	6424.40	0.853 times
14 Mon Oct 2024	6504.50	6443.80	6536.00	6395.00	0.775 times
11 Fri Oct 2024	6410.55	6223.90	6441.95	6204.90	1.16 times
10 Thu Oct 2024	6193.15	6127.50	6219.00	6119.45	0.764 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6495.4, but if it comes below 6495.4, then a intra day sell could be more profitable.
If you take a sell trade below 6495.4, then use 6495.4 as stoploss and 6142.37 as target. However if you take a buy trade in stock , then use 6495.4 as stoploss and 6919.1 as target.

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	5234.60
Downside Target	5630.00
Downside Target	5977.20
Downside Target	6280.55
Downside Target	6395.00
Downside Target	6441.95
Downside Target	6605.95
Upside Target	6809.45

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	6450.88
Downside Intraday Target	6215.72
Upside Intraday Target	6865.33
Upside Intraday Target	7044.62
Downside Intraday Target	6630.17

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	6686.05	6645.65	6809.45	6395.00	1.018 times
18 Fri Oct 2024	6561.15	6443.80	6605.95	6280.55	0.961 times
11 Fri Oct 2024	6410.55	5857.95	6441.95	5677.45	1.471 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

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
23 Wed Oct 2024	6686.05	5700.00	6809.45	5677.45	0.707 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 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 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 Multi Commodity in short term and BUY signal is strong.

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 6498.31 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.