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Stock-Holmes
Aug 21, 2021 5:48 PM

MULTI COMMODITY EXCHANGE (MCX).... MONOPOLY  Long

MULTI COMMODITY EXNSE

Description

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.
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