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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 2024-10-29 View latest technical analysis

10 day averaged volume of Multi Commodity is 534070

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	6824.75	6587.90	6870.00	6496.05	1.577 times
28 Mon Oct 2024	6565.40	6499.00	6604.95	6386.05	0.704 times
25 Fri Oct 2024	6487.55	6646.40	6679.35	6340.00	1.004 times
24 Thu Oct 2024	6649.30	6700.00	6734.00	6503.20	0.911 times
23 Wed Oct 2024	6686.05	6416.00	6809.45	6416.00	1.235 times
22 Tue Oct 2024	6431.05	6640.00	6698.40	6395.00	1.065 times
21 Mon Oct 2024	6629.00	6645.65	6680.00	6434.95	1.796 times
18 Fri Oct 2024	6561.15	6305.00	6605.95	6280.55	1.001 times
17 Thu Oct 2024	6341.45	6438.70	6479.85	6318.55	0.592 times
16 Wed Oct 2024	6428.30	6450.00	6590.00	6401.00	0.883 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6649.9, but if it comes below 6649.9, then a intra day sell could be more profitable.
If you take a sell trade below 6649.9, then use 6649.9 as stoploss and 6325.86 as target. However if you take a buy trade in stock , then use 6649.9 as stoploss and 7038.8 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	5642.00
Downside Target	5977.20
Downside Target	6280.55
Downside Target	6441.95
Downside Target	6605.95
Downside Target	6809.45
Upside Target	6870.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	6517.2
Downside Intraday Target	6209.65
Upside Intraday Target	7001.15
Upside Intraday Target	7177.55
Downside Intraday Target	6693.6

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	6824.75	6499.00	6870.00	6386.05	0.38 times
25 Fri Oct 2024	6487.55	6645.65	6809.45	6340.00	1.495 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

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
29 Tue Oct 2024	6824.75	5700.00	6870.00	5677.45	0.908 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 6590.42 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.