MULTI COMMODITY EXCHANGE OF INMULTI COMMODITY EXCHANGE OF INMULTI COMMODITY EXCHANGE OF IN

MULTI COMMODITY EXCHANGE OF IN

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MCX For Multi Commodity Exchange (MCX) on the 1-hour timeframe, here are the key support and resistance levels:

Support Levels:
First Support (S1): Around ₹6,100
Second Support (S2): Around ₹6,050
Resistance Levels:
First Resistance (R1): Around ₹6,200
Second Resistance (R2): Around ₹6,250
Snapshot

MCX Here are the current levels and analysis for MCX (Multi Commodity Exchange) in a 1-hour time frame:

Current Price: 6,140.00

Resistance Levels:

6,200.00 (short-term resistance)
6,250.00 (medium-term resistance)
Support Levels:

6,100.00 (short-term support)
6,050.00 (medium-term support)
Analysis:

MCX is trading within a narrow range of 6,050.00 to 6,200.00.
The index has been trending upwards in the past few days, but it's currently consolidating.
The short-term resistance level at 6,200.00 is a strong level that MCX needs to break above to continue its upward momentum
Snapshot

MCX is the best stock to buy for profits.


Bouncing from strong support.
Snapshot