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lord_ozb
Jul 13, 2021 4:23 PM

MCX - Looking for an excellent breakout Long

MULTI COMMODITY EXNSE

Description

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

Comment

1700. 1st target done.
1800-1900 next

Comment

2nd target almost done. Trail SL to 1750

Comment

Follow up chart -
Comments
keepitsimple1331
Nice
lord_ozb
@keepitsimple1331, Thank you Sir
sohamdey76
Can we enter tomorrow for Intra day/ swing trade in the first couple of minutes of pullback. please advise.
lord_ozb
@sohamdey76, For Swing I would suggest near the pink zone you can enter but for intraday you'll have to wait for the price action atleast in the first 15 mins.
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