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MCX

MCX* On the daily chart stock price has decisively broken out from its multiple resistance zone and symmetrical triangle on closing basis and sustaining above the same. * This breakout is accompanied with increase in volume which supports bullish sentiments ahead. * The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term. * Stock price is sustaining well above its 20,50 and 100 day SMA which supports bullish sentiments ahead. * The above analysis indicate an upside of 873 - 889 with stop 808 #Findyourtrade
NSE:MCXLong
by R_A_G_A_S_J
MCX : Log Scale Breakout with VolumeMCX is on the verge of breakout on log scale. Today's close above 835 would be the confirmation of breakout. Volume is increasing in last few days and today's volume has crossed last 20-25 sessions daily volume. 833.40 is a resistance zone from it had corrected last time. Stop loss of buy would be 760 for 1st target of 920. However, log scale breakout is a major event on long term chart and we can see it as a trend reversal point. Our Take :Buy only on daily close above 835 with stop loss below 760 and hold for 12-18 months.
NSE:MCXLong
by UnknownUnicorn4260559
MCX : Wait for trend reversal on log scaleWeekly chart is showing reversal on nomral chart as the price has broken out of falling trend line with volume and moving average cross over (13 EMA crossed 26 EMA to upside). Log scale is showing that price has still not broken out of falling trendline and counter has reversed from the resistance line. 834 stand as a major resistance which must be observed to confirm that counter has started upmove for a longer term. Daily close above 834 would be positive for levels of 930 and 1100 but till the time long term investor should wait and watch
NSE:MCX
by UnknownUnicorn4260559
Copper getting ready for a new multi year high in 2019 Hea rain Strategy is one of the strategies used by ancient Japanese traders to trade rice, Unfortunately their is not much of information available about it in public domain. Copper if sustains over the Golden line will remain bullish to rest the targets marked with green lines and somewhere in 2019 it will hit a new multi year high. Dm me if you want to learn or follow my setups from the link shared in my tradingview profile. All the best!
OANDA:XCUUSDLong
by Tradingshiksha
Volatility Squeeze Setup.I've observed nice trade setup. One can trade/invest the stock now with SL of 698 for a good reward. Bollinger Bands Squeeze is a powerful yet simple trade setup. One can identify the Squeeze when bandwidth is at around 6 months low. One can enter the trade when price starts trading out of the band. Mostly this setup rewards the trader nicely as one enter the trade early with small stop loss of one candle/Bar and ride the swing. The stock has given the breakout so one can trade it. Please note that sometimes stock gives a fake breakout just to shake the traders in that case one should reverse the trade and continue with that direction. Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
NSE:MCXLong
by praveen.bhatiya
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