MULTI COMMODITY EX NSE:​MCX

Dear All , Everything is mentioned Over the Chart ... Good Luck !!!

MCX - trying to break out from downtrend channel. Can rally/ outperform mkts

Above Cloud T/K cross

Pls see the chart. Indicators are slowly turning to positive. Can expect the target range in mid term Vijayaraghavan, Kovilpatti.

MCX is in downtrend & going to break 52 week low. Breaks below 665(52 week low)-664, Short for the trend support around 620 or keep trail SL. This is my view. Please do your our analysis before trading. Thanks Chandru

NSE:MCXBSE:MCX This analysis is not time dependent 1.A bullish cypher in formation of the CD downleg 2.The fibo wedge arc 1.618 also points to limitation of the downtrend 3.The downtrend is expected to halt that the weekly support S2 4. the bullish cypher is expected to push the prices up and the initial targets are mentioned according to 0.618DC of the cypher ...

After clear down trend MCX is showing some support and bullish signs Buy on dips with target 895~900

would probably go long at these levels keeping a strict sl @ 710 !!!!

Bounced off 61.8% fib retracement of the entire move from 230s to 1400+ , RSI took trend support. Go long

** Investment bet cmp 790 | SL 10% - Downward sloping trend channel -Oversold on RSI (weekly)

Earlier longs were stopped out on breach of 900. @ trendline support again. Try longs here with better risk reward

Sell MCX only around 875 for Target of 832 and SL of 900. Wait for a bounce back as stock has recently made low of 835. Only sell around 875-880 Levels.

Call for a long investment with a stop 833. My beloved friends and followers. I am with you always but, lil busy these days. please bear with me for some time.

There seems I missed to consider bearish triangle breakdown in MCX. It might see 725 levels. Acc/Dist shows clear distribution.

Can target 1050 in this move. Buy and hold longs

MCX Multi Bottoms S&R Long Above 930 with 890 SL T1 - 958 T2 - 997 T3 - 1028 T4 - 1059 T5 - 1103

As per my analysis, there are three possible options clearly marked on the chart. If it breaks out of the Pink TL, please wait for confirmation before entering as it might go down to the levels specified on the chart. Happy trading.. details are for Intra-day traders, and swing traders. If you like my analysis, please do LIKE it. Thanks.

Remain Bearish Till its trading below 967 Small SL 976 Target 930