MULTI COMMODITY EX NSE:​MCX

SHORT ON CHANNEL BREAKOUT BELOW 735

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entered as per strategy

NSE:MCX

CBSL 764

NEWS DRIVEN KETS HOPE FOR THE BEST SEBI ALLOWED FOREIGN ENTITIES TO HEDGE THIS FIELD

Long if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

Although market conditions are not favorable right now despite that stock is showing strength in a weak market. Buy as per your risk appetite.

Bullish harami , Trendline support, Good Volume

MCX 760 TO 750 BUYING RANGE

Initiate a Long trade on MCX, from 823, SL @ 816, Targets (1) 830, (2) 838, (3) 845, (4) 849, (5) 858, (6) 864

Watch for Breakout in MCX then Long

If wave counts right a iii of 3 or C coming up soon

refer chart for levels

CMP 870 TARGET 1000 SL BELOW 830

Positive change at bottom of downtrend

MCX doji at channel

Stock has been facing resistance from trendline; also on Weekly chart stock has failed to cross RSI 60 for past 18 months; If market sentiments remain week tomorrow as NIFTY is also facing resistance at 11,400. MCX should see a sharp fall SL 890 - 1st target 846 Risk - 1) News on merger with NSE 2) MCX has been showing strong volume so quaterly results were ...