MCX on 2 Month chart showing bounce of 38.2% fib and has started wave 3. Long term target is 1607.
Disclaimer.. not an investing/trading recommendation
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 Regards Dinesh
mcx is poised for break out can move ahead around 1246 levels in comming days