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MandeepSinghKohli
Dec 2, 2023 7:53 PM

Multi Commodity Exchange of India Ltd - Long Setup, Move is ON.. Long

MULTI COMMODITY EXNSE

Description

#MCX trading above Resistance of 3056
Next Resistance is at 5182
Support is at 1722

Here are previous charts:





Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Comments
kroswal
How you have calculated Target of 5125+ please explain
MandeepSinghKohli
@kroswal I use combination of support/resistance and fibonacci for calculating targets...
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