MCX is looking strong on weekly chart by breaking falling and horizontal resistance trendlines both with good volume jump in it and Bollinger bands is also giving a breakout looking supported for coming bullishness in this stock.
Cause of Long-:
1- Falling resistance trendline breakout.
2- Horizontal resistance trendline breakout.
3- Bollinger Bands breakout.
Cause of Long-:
1- Falling resistance trendline breakout.
2- Horizontal resistance trendline breakout.
3- Bollinger Bands breakout.
Trade active:
GAINING GOOD CMP 1600+ HEADING TOWARDS TARGET FROM 1495
Trade closed: target reached:
TARGET 1657 REACHED FROM 1495