MCX trade ideas

TradingSutra Updated 

Stock is rising in an impulsive manner of which 3rd is currently unfolding. Price are likely to continue it's uptrend towards 2900 and later 3500 in the coming months. On the downside Key level is 1700 which is the invalidation level.

MandeepSinghKohli

#MCX trading above Resistance of 3056 Next Resistance is at 5182 Support is at 1722 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...

Breakout-Ideas

Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...

ScienceBehindTheChart

Clear buy like BSE, previous high crossed with good volume on yearly chart, shows value buying at this level, uptrend may remain for next to months, so can also invest at this level .....good stock for long term for next 20 years ........

jatin_agarwal

NSE:MCX has given a very strong move and a big breakout on monthly charts. This breakout should not be ignored. BSE has run up significantly and NSE should list in the next 1-2 years. MCX is the undisputed leader in commodities trading in India. MCX is also fundamentally looking very strong with higher revenue coming in from Options Trading Contract.

HawkishDove

Adding MCX to watchlist as it recently broke out from a long weekly base of 106 bars, might find support around the same and build a new base once market health improves. Certainly a good candidate to track for now.

CONCEPTS_EXPLAINED Updated 

Has formed multiple v pattern on weekly chart With 1150 Support we can see 2000+

Harmonics4Life Updated 

MCX cmp 2096 closing below 2070 (DCB) We can short for 1925 / 1830 / 1760 CBSL 2200 Trade Setup- 1) Bearish Shark Pattern 2) Weekly Supply Zone Regards.. Keshav... 28/09/2023 Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉

nilakshgupta

BUY - MCX CMP - Rs. 2049 Target - 1: Rs. 2520 Target - 2: Rs. 2900 Target - 3: Rs. 3265 . Timeframe - 3 months - 8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!

aarki_gg Updated 

- as the index made a new on 25th Aug, MCX made a higher low, mostly just consolidated on lower volumes - volume patterns in recent times are extremely bullish, wide range candles on upside, with massive volumes - volumes on the recent pullback are very low, indicating no institutions are exiting - low risk entry around 1620, with at 1575, about 2.75% -...

nikunjbhadja

Stock Name - Multi Commodity Exchange Of India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 2100 #This is not Buy and Sell recommendation to any one....

roshansai Updated 

MCX : Currently at very strong Resistance Need to sustain 1850-1875 levels for a move towards 2000

piswingtraders Updated 

Detailed View about this Breakout: No.of Resistance: 6 No.of Support: 5 Consolidation Days: 575+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.

MurtazaLokhandwala

If you follow me earlier then you all know very well our buying range is 1400to1450 And my target is 2000 almost done Don't jump to buy @ higher levels Only traling 1900 as a long term stoploss😍

raigvivek Updated 

A weekly Flag and pole breakout is emaerging on the daily chart of NSE:MCX but still we didnt get the confirmation from the volume perspective. Means we are waiting...................... Common MCX Dikha Do Dunia Ko Hilla DO........

subbu_1915

Stock has given BO on daily chart with good volume pop up after retesting earlier BO levels, follow chart for proper support and resistance levels.

asar_k

On the Monthly chart, it's walking the upper BB line. PR has become PS, as indicated by the yellow line. Great chances of crossing the ATH levels(Rs.2135). Disclaimer: This analysis is strictly for educational purposes. Please take your own informed decisions before investing your hard earned money.

Safwan65 Updated 

NSE:MCX Multi Commodity Exchange of India Ltd is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai. It is India's largest commodity derivatives exchange. MCX formed shooting star at daily timeframe (and gave closing below it) on resistance of parallel channel. Entry : 1796 Target :...