MCX trade ideas
MCX levels for 11-Mar-2020(Intraday)Mcx at near major support zone above fib level
Above 1230 for 1240,1260,1300
Below 1200 for 1190,1170,1140
Critical Zone- 1200-1230(sideways)
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MCX level for 04-Mar-2020MCX closed above fib level with taken support of trendline. A good trading opporunity break the near important Resistance or break trend line with fib level
Above 1330 bullish for 1340,1360,1400
Below 1300 bearish for 1290,1270,1220
critical zone-1300-1330
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Cup and Handle breakout in MCXAfter good consolidation MCX has broken out of consolidation. Clear cup and handle formation can be seen and target of about 1650 can be considered.
MCX CASH - GOOD SUPPORT AT 1087-1094MCX CASH
10 NOV 2019
GOOD SUPPORT AT 1087-1094
BOUNCE LIKELY FROM THIS ZONE
(REVERSAL CASH ONLY ABOVE 1125 CLOSE)
CMP 1107.15
MCX- Techno Funda CandidateMCX looks pretty on charts. Last 3-4 qtrly nos were good. If similar performance continues it will blast on upside. ABove 1030 on closing basis scrip will all set to do 1200++ in short term.
Perfect techno funda candidate.
MCX on a diecy wicketMCX is showing signs of tiredness. Its long upper shadow on last trading day shows that sellers are in control. Sell on Rise to 940-950, Keep stop loss above 982, Target 880
MCX at crucial SupportMCX at trend line support @ 908.75. Break below this support could take it down to below 880. Keep Stop Loss above 920 to sell.
