MCX is looking good on daily chart breaking falling trendline and closed above successfully followed by 20 days moving average which finally managed to closed above on it after many sessions and the RSI indicator is giving a positive divergence signals too which is looking coming bullishness in this stock.
Cause of long-:
1- Falling resistance breakout.
2- RSI positive divergence nd breakout.
3- 20 days moving average breakout.
Cause of long-:
1- Falling resistance breakout.
2- RSI positive divergence nd breakout.
3- 20 days moving average breakout.
Trade closed: target reached:
BOTH TARGET ACHIVED