MCX trade ideas

keshavmaharaj958

The stock has formed inverse head and shoulder pattern on hourly timeframe moreover this pattern has been formed after a pretty long rally which also can be called as exhaustion phase which enhances further reliability in the stock for short term the stock can be bought it can fly till the 4600 levels

Tamilniftyanalysis

MCX seems long consolidation in daily impulse move breakout may happen and double bottom forms concentrate if price sustain above 4000

trendtrader06 Updated 

6 days consolidation breakout along with trendline and ST breakout Can hit 50DC again SL 3528 1st Tgt 3936

Mujadid

MCX seems to have cup and handle breakout, let's wait for good volume buildup, retest. I will buy once i see the above two conditions. I don't recommend others to trade on my view.

chauhanucb

Stock has given good tl breakout and expected ath breakout also And fundamental very strong stock with monopoly business Good for long Only for educational purpose Bot for sugesstion

keshavmaharaj958 Updated 

The stock has broken out from a long year rounding bottom pattern moreover is has broken with good volumes and during past few days it has resisted and major retracement which increases faith in the stock the stock can reach 3000 as fundamentals are also supported with the price pattern

JaiPrakashShuklaHarmonicTrader

On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...

SunilDhawan Updated 

triangle squeezer BO pattern there were two zone created for resistance and support both are clearly highlighted

Market-Edge Updated 

Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade.. Strong Breakout.. Good Volume... Bullish..

nikhilsaggi1

The company is working on launching new products, including steel TMT bars and electricity derivatives Increase in Net Profit Increase in Sales Increase in Operating Margin

AP_Analysis

If gives breakout then can shoot up Only for educational purposes.

TradeRyteStockz

MCX (1D TF) Swing Trade Analysis given on 16th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Breakout of Resistance - Done ✓ - Volume Spike Buildup at Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #MCX

ShreeGanesh_1991 Updated 

Buy at cmp to 3040 sl close bewlo 3030 easy tg - 3100 tg2 - 3125 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.

Hackeronetester

A symmetrical triangle chart pattern is a technical analysis pattern formed by converging trendlines, creating a triangle-like shape. It typically signifies a period of consolidation or indecision in the market, with decreasing price volatility.

harikant0672

mcx creating a bullish price action making higher low create same resistance for intraday if break resistance it will go up #support resistance note: only for educational purpose

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...