Waiting for a good breakoutThe bullion index is due for an impulse move . All we got to do is to wait and see to which direction it gives an impulse and take the trades accordingly.
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Long MCXBULLDEX1!Long MCXBUILDEX
Target - upper trendline
SL- below support zone
Why?
Candle is trading above small support zone
wedge breakout
How I see 200 EMA ?
Unknown bullish trade + (200 trades) > Unknown bearish trade
MCX bulldex FUTMCX bulldex is moving in uptrend in a parallel channel pattern. so Buy on Dip and Sell on Rise for a simple 60 to 80 points profit.
1 point = ₹50 x number of lots
MCX BULLDEXTrading near resistance and showing the signs of reversal. Keep this in your watchlist and Go long If it breaks upward and Go short if it takes rejection. My view is bullish for now so I'm not providing the short path
MCXBULLDEX looks week on chartreverse cup and handle breakdown
-ve RSi .
one can take short position in script.
View on MCXBULLDEXPlease appreciate if my view and analysis correct, if i wrong analysis please correct to me. Be click like button to my view.
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
Related futures
Frequently Asked Questions
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MCX ICOMDEX BULLION INDEX Futures this number is 161.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MCX ICOMDEX BULLION INDEX Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for MCX ICOMDEX BULLION INDEX Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of MCX ICOMDEX BULLION INDEX Futures technicals for a more comprehensive analysis.