Was MCX a bearish breakdown Short

MULTI COMMODITY EXNSE

Description

⋅ Jan 8, 2018 12:23 PM

There seems I missed to consider bearish triangle breakdown in MCX.

It might see 725 levels.

Acc/Dist shows clear distribution.

⋅ Jan 18, 2018 7:43 AM

weakness continues.

⋅ Feb 1, 2018 6:11 AM

seems it will find bottom soon

⋅ Feb 2, 2018 1:00 PM

in kissing range...
Waiting to see its bottom yet.

⋅ Feb 13, 2018 7:34 AM

Long term buyer's (DII FII) might start bottom fishing creating some pattern here....

Comments

yndesai

⋅ Jan 25, 2018 9:07 AM

Some buying interest seen at 830 levels. Will wait to see a reversal pattern before giving bullish outlook.

butterfly87

⋅ Jan 18, 2018 8:06 AM

hi,
725 levels intact or any alternate view at CMP

yndesai

⋅ Jan 18, 2018 12:22 PM

@butterfly87,
It should show sub 800 levels for sure.

butterfly87

⋅ Jan 18, 2018 2:25 PM

@yndesai, ok..thanks..any particular target.