niftytrader2693

mcx descending triangle breakdown

Short
NSE:MCX   MULTI COMMODITY EX
MCX
Time frame- DAILY

*Resistance - 100 DMA
*Support - 1095, 1025
*Short term picK
*Reason- Multiple time tested support, now this support is very weak.
Descending triangle formation breakdown after long consolidation.

Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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