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MULTI COMMODITY EXCHANGE
Long
Updated

MCX - Looking for an excellent breakout

238
Watch out for key levels marked in the chart. There is a trendline breakout along with an important horizontal resistance zone. A weekly closing above the zone would launch the price up!

Intraday - Above TL
Swing/Positional - Above horizontal resistance
Note
1700. 1st target done.
1800-1900 next
Note
2nd target almost done. Trail SL to 1750
Note
Follow up chart -
MCX - Can the rally continue?
lord_ozb
Chart PatternsHarmonic PatternsindianstocksMCXNIFTYStocksswingtradingTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsHarmonic PatternsindianstocksMCXNIFTYStocksswingtradingTrend Analysis
lord_ozb

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.