MCX can be added here for long.
Sl below closing of support on weekly closing basis.
Volume has been great at breakout.
Major support at 1400
The resistance level at 1800.
Parallel Channel Breakout
Disclaimer- For Educational Purpose Only.
MCX can be bought after it breakouts from its trendline.
It is forming a clear triangle pattern and seems bullish in near term.
Although market conditions are not favorable right now despite that stock is showing strength in a weak market. Buy as per your risk appetite.