The current scene is it is having neckline at 285. It was previously a resistance now turned support. It is having a mini resistance at 310.
As long as it doesn't close below 250; one can just buy and aim to 350
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.