*Multi Commodity Exchange Ltd* *MCX* C&H Formation on Decadal Basis. RB Formation on Monthly Basis. Price BreakOut Needed to be Sustained. Resistance @2136 to be Watched. Accumulation > Distribution, Continued BuiltUp To be Watched. *Trail SL with Upside* *Book Profit as per Risk Appetite* Do Your Own Research as well. This is an Opinion. Happy Investing 😇
at a very crucial multi year breakout . wait for 2160 to be taken out convincingly & the stock will zoom to the skies
💥MCX Ltd💥- Nice Breakout Capital to be deployed- 20k Investing Price -1870-1890 Breakout Price -1858 Stoploss-1706 Targets -2307-3981 RT for max reach. #mcx #StocksToBuy #stockstowatch #stocks #StocksInFocus
Reason for long a) Triangle breakout b) monthly breakout c) QQE support d) Super trend support SL compulsory
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
its looks good for buying. Sl - 1555 TARGET - 1635,1680
#MCX... Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a good movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Keep on radar Do your own study before investing
This set up works best for the MCX index chart on the-NSE 15 min or less timeframe. Open the CCI indicator with a period of 50. MACD settings is as usual. We buy only when the CCI 50 is above 0 and MACD cross over to the above has happened. We sell only when the CCI 50 is below 0 and MACD crossover to the below has happened.
As per my analysis, NSE:MCX is indicating reversal. My idea is to take buy entry at level of 1365 with stop loss of 1330. My expected upside target would be 1385 & 1465. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
NSE: MCX is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
Reason for long a) Flag and pole set up b) vwap support SL any closing of daily or weekly closing below the lower vwap level is SL c) Channel breakout plus flag and pole set up and support play. 3 criterial to meet the long d) chalenge here is price running in consolidation tends be in consolidate mode only Hence one has to keep the duration 2 to 3 months to...
Break-out above Cloud Close as per Ichimoku in DAILY time-frame.
MCX made bullish pin bar candle on daily charts & its trading above yesterday's close with good volumes. Could be bought with mentioned stoploss & target.
Multi commodity exchange this stock is now trading in TRIANGLE pattern waiting for the clear breakout. This pattern is showing in 1hr time frame. Purely intraday strategy. This is not any call or recommendation this is my study purpose analysis.
MCX SCRIPT: Mcx is breaking out of an important level Stock in continuation bullish pattern CMP Range 1635-1640 SL below 1590 Possible target 1950+ Time frame =2-4 months - Trade Active
MCX day chart Support zone is 1425 Nearly resistance is swing high which is 1698 buy when price comes to near support zone 1430