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(Mcx) Mcx complete technical analysis [charts+indicators] | Buy/Sell Mcx | (Mcx) share price targets

Complete technical analysis of Mcx (Mcx) by charts plus indicators, forecast predictions and share price targets for Mcx (Mcx)

10 day averaged volume of Mcx is 17366

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 6095.65 5914.10 6152.80 5914.10 1.024 times
18 Mon Nov 2024 5914.10 5401.75 5974.10 5401.75 0.966 times
14 Thu Nov 2024 5951.10 5830.60 6112.00 5830.60 0.476 times
13 Wed Nov 2024 5945.65 5965.00 6143.00 5905.70 1.327 times
12 Tue Nov 2024 6104.60 6360.05 6452.55 6065.65 1.478 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6138.2, but if it comes above 6138.2, then a intra day buy could be more profitable.
If you take a sell trade below 6138.2, then use 6138.2 as stoploss and 5840.5 as target. However if you take a buy trade in stock , then use 6138.2 as stoploss and 6386.25 as target.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 3620.55
Downside Target 4075.05
Downside Target 4344.95
Downside Target 5126.85
Downside Target 5232.70
Downside Target 5401.75
Downside Target 5673.20
Downside Target 5830.60
Downside Target 6037.05
Upside Target 6481.25
Upside Target 6601.20
Upside Target 6614.20
Upside Target 6808.90
Upside Target 6874.50

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 5614
Downside Intraday Target 5132.35
Upside Intraday Target 6365.05
Upside Intraday Target 6634.45
Downside Intraday Target 5883.4

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 6095.65 5401.75 6152.80 5401.75 0.541 times
14 Thu Nov 2024 5951.10 6417.90 6481.25 5830.60 0.591 times
08 Fri Nov 2024 6407.25 6504.40 6601.20 6100.00 0.903 times
01 Fri Nov 2024 6492.45 6401.00 6874.50 6225.75 0.986 times
25 Fri Oct 2024 6489.35 6625.00 6808.90 6341.00 1.708 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 Mcx (Mcx)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 6095.65 6570.00 6614.20 5401.75 0.494 times
31 Thu Oct 2024 6518.70 5682.95 6874.50 5673.20 1.155 times
30 Mon Sep 2024 5664.95 5183.25 6037.05 5126.85 0.765 times
30 Fri Aug 2024 5182.10 4339.75 5232.70 4075.05 0.8 times

Price has moved down 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 Mcx (Mcx)

Indicator Name Indicator Value Indicator Signal
ADX 13, 36, 47 Sell
MACD 71, 193Sell
Stochastics 39None
CCI -49Buy
RSI 56Buy
OBV -69901Sell
VWAP 6232Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mcx ( (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 Mcx ( (Mcx) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mcx ( (Mcx) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mcx ( (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 Mcx stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mcx in short term but the sell signal is initial and weak.

Mcx 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mcx in short term but BUY 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

Stock of Mcx is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6232.02 and Mcx (Mcx) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mcx (Mcx) stock. Volume based technical analysis of Mcx (Mcx) stock is negative.

Mcx Stock has given negative 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.

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