MCX trade ideas
MCXDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
mcx next breakoutsee next breakout in mcx india
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Target hit! 15% gain!The stock was given on 25 Aug and it hit the 1st target of 1600 on 2 Sep and the 2nd target of 1700 today. HIT the like button if you liked my analysis and do FOLLOW. For reference, I am attaching the ideas below.
MCX getting ready for Break outMCX has tested 200 sma levels after crossing it once. The supertrend has turned bullish. If the price sustains above 1650 on closing basis MCX can BO for a long rally.
Posted for academic interest
MCX - Breakout and Penant formationAll trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.
MCX More upside move is pending in this stock.
Market Cap
₹ 8,302 Cr.
Current Price
₹ 1,628
High / Low
₹ 1,875 / 1,432
Stock P/E
39.8
Book Value
₹ 278
Dividend Yield
1.70 %
ROCE
15.7 %
ROE
13.2 %
Face Value
₹ 10.0
MCX Stocks nse Hi this stocks listed at nse multi commodity stocks buying movement stocks strong buying pressure
Multi Commodity Exchange MCX
Good Stock for Portfolio
Can move upward with RS/ RSI +ve
keep tracking **
MCX BREAKOUT WIT GOOD VOLUMEMCX had retraced the previous breakout and even gave some signs of shake off. this stock is not something you should book losses in. hold for swing trade or long term whichever suits your way. targets are on the screen
Simple Trade Setup | MCX | 06-09-2021NSE:MCX
Observations:
1) On daily Time frame, it has given breakout of rounding bottom pattern. Breakout level range is 1585-1586. Nearest resistance level is 1600 level.
Please refer below chart : Daily time frame.
2)On Daily Time frame we can see that it has broken 100DMA and 200DMA with bullish candle.
Please refer below chart : Daily time frame.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Mcx 1592 #GHC3BARDECIDER Mcx 1592 #GHC3BARDECIDER
It seems good for reversal as gold ahowing sign of reversal
MCX LOOKS GOOD FOR NEXT WEEK BUY MCX 1570-1600 first target is 1660 2nd target is 1750 with strict stoploss of 1540-DKM SIR ...
very good move expected mcxmcx will rock this time
you know why because i have one secret that it give me stock to boom the few days
lets check it out
target - 1780+
sl - 1570
hope you not get out of it
Simple Trade Setup | MCX | 30-08-2021NSE:MCX
Observations:
1) On Daily time frame it is already trading below 200DMA.
Please refer below chart : daily time frame.
2) On Daily time frame it has taken reversal from it's critical support 1455 level range and also closed above 400DMA. It shows the strength will come in stock to get bullish now.
Please refer below chart : daily time frame.
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Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
MCX - multi commodity xchangeA bullish Flag pattern is seen on the weekly charts of MCX...
It could possibly give good return in 3 to 6 month
MCX Bouncing from supportCan be bought for a target of 1600 and 1700. CMP-1486 and SL can be 1375 on a closing basis. 1:2 Risk-Reward ratio.
HIT the like button if you liked my analysis.
