MCX trading in a descending triangle.Pitchfork Trigger line supp
Updated
MCX' trading in a descending triangle. A pitchfork channel and its trigger line is broken two times.
Strong resistance at 1139. A break below 1030 MCX' can come down to 900 again.
That is the technical view. Now the fundamental says that,only a 100% rise in the profit can change the scenario soon. :D
Strong resistance at 1139. A break below 1030 MCX' can come down to 900 again.
That is the technical view. Now the fundamental says that,only a 100% rise in the profit can change the scenario soon. :D
Note
Wait for 900 zone from (930 on wards) for supportNote
Note
reaching to the said support level
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