MCX - Ichimoku BreakoutStock Name - Multi Commodity Exchange Of India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2100
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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MCX trade ideas
MCX Reaching for the StarsOn the Monthly chart, it's walking the upper BB line.
PR has become PS, as indicated by the yellow line.
Great chances of crossing the ATH levels(Rs.2135).
Disclaimer: This analysis is strictly for educational purposes. Please take your own informed decisions before investing your hard earned money.
MCX ,1D formed shooting starNSE:MCX Multi Commodity Exchange of India Ltd is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai. It is India's largest commodity derivatives exchange.
MCX formed shooting star at daily timeframe (and gave closing below it) on resistance of parallel channel.
Entry : 1796
Target : 1648
SL : 1885
RR : 1.66
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: MCX
🔍 Description: Stock is trading in a Rising Channel so its a BUY on DIPS.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
MCX still not ruled out, after todays fall. C&H pattern possibleMCX still not ruled out, after today's fall. Till the time it remains above the marked pink rectangle zone at 1717, with less volumes in RED candles and higher volumes in GREEN Candles.
Also in TF-W , we can see a pattern forming, which can be assumed as CUP, so a possible HANDLE is in making (on the cards) and it may take some time till we see the correction in NIFTY.
However price moving below 1717 marked rectangle will nullify the analysis.
Lets see whats in store.
MCX FORMING CUP AND HANDLEPATTERN-The stock is forming a cup and handle pattern under which the cup is ready and tocuhing the 2012 level will mark the end for it , if the 2012 level is broken the stock can give a rally of 42% and if it faces resistance at 2012 it will make a handle and than take a rebound
TARGET- target for short term will be -2012
target for long term will be - 2878
FUNDAMENTALS- The company is one of the most reliable and effective managment and can yield hefty returns on longer side
Long MCX - Move is ON..NSE:MCX
✅ #MCX - Trading above Resistance of 1634
✅ Next Resistance is at 1772
✅ Pattern as shown in chart
Related chart:
Charts are 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 only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LIST OF MONOPOLY AND DUOPOLY STOCKS by businessHi guys,
Upto i know these are some of the monopolys and duopoly stocks which occupy significant market share if you also know some companys please share
some companies exactly are not monopolys but have a unique product or some edge in market
however some of these companies already valued at high p/e and usually they always stay at that p/e due to monopoly or duopoly status
please do your own reaseach in which fields they are monopolys and duopolys
1.mcx
2.reliance
3.airtel
4.iex
5.power grid-only grid
6.coal india
7.nhpc
8.bse
9.tatacoffee
10.indo borax and chemicals
11.pidilite
12.mcdowell
13.radicokaithan
14.cdsl
15.gravita india
16.granules india
17.cams
18.hawkins cookers
19.ashok leyland
20.irctc
21.ccl products
22.asian paints
23.berger paints
24.vesuvius india
25.upl
26.grindwell nortan
27.itc
28.hul
29.ttk prestige
30.adani ports
31.colgate-colpal
32.kaveri seeds
33.sswl
34.carborundum universal
35.jamna auto ind
36.RHIM
37.titan
38.k fin technologies
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)