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AMIT-RAJAN

STEP BY STEP EXCHANGING CHANNELS

Long
MULTI COMMODITY EX (NSE:MCX)  
AMIT-RAJAN  
NSE:MCX   MULTI COMMODITY EX
Trend Analysis Parallel Channel
6
2
trendanalysis parallelchannel
MCX is looking that next breakout will happen very soon in this stock so I try for how when and why logic in this chart, as we can see on daily chart I am sharing below that it was a clear breakout on at 1490 levels so after that breakout it continue trading in parallel channels and each time when it breaks pervious channel it shift it's trading in to new channel so we can see a possible breakout if it will succeed to break current channel and sustain above so we can see the targets of 1742 and 1832 in this stock.

DAILY TIME FRAME BREAKOUT
snapshot

PREVIOUS PUBLISHED IDEA AT SAME 1490 LEVELS
MCX BREAKOUT

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