This stock has no future as NSE is about to offer Commodities. No one will use MCX. Either it will get acquired or it will get RCOMed. But currently looking at volume it looks like it is building up with speculative volume.
Let's short first and keep a SAR (Stop And Reverse) because if stop-loss triggers, it will be massive long buildup looking at previous buildup.
MCX shows a good trend reversal after making a triple top pattern
1) 760 could be a possible best entry with a target of 840 with stop loss of 700
2) It could also test a target of above 940 in 2 to 3 months period