MyKEYtoSENSEX

MCX Looks good !!

Long
NSE:MCX   MULTI COMMODITY EX
MCX : cmp : 1430.2
A double bottom kind of pattern has been formed in hourly chart. .
On the verge of breakout.
Closing above previous highs.
RSI & MFI trending up.
buy on dips.

Accumulation zone : 1420 - 1440
Profit booking zone may be : 1498 - 1542
SL 1401/According to your risk appetite.

Positionally can move 1760+
Sl 1358 Dclbs

May future as well as May 1440CE/1500CE can be look after for decent return.

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally

If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️

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.