MULTI COMMODITY EXCHANGE (MCX).... MONOPOLY
MCX has monopoly in the commodity exchange segment in India, with a market share of over 92%.
In the weekly chart the script had broken out of resistance trendline (support zone) and is consolidating for one year now.
Good stock to be in one's portfolio at a good price to accumulate.
We can expect at least 70% upward move in the next two years.
In the weekly chart the script had broken out of resistance trendline (support zone) and is consolidating for one year now.
Good stock to be in one's portfolio at a good price to accumulate.
We can expect at least 70% upward move in the next two years.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.