MULTI COMMODITY EXCHANGE stock forum
MCX For Multi Commodity Exchange (MCX) on the 1-hour timeframe, here are the key support and resistance levels:Support Levels:
First Support (S1): Around ₹6,100
Second Support (S2): Around ₹6,050
Resistance Levels:
First Resistance (R1): Around ₹6,200
Second Resistance (R2): Around ₹6,250
MCX Here are the current levels and analysis for MCX (Multi Commodity Exchange) in a 1-hour time frame:Current Price: 6,140.00
Resistance Levels:
6,200.00 (short-term resistance)
6,250.00 (medium-term resistance)
Support Levels:
6,100.00 (short-term support)
6,050.00 (medium-term support)
Analysis:
MCX is trading within a narrow range of 6,050.00 to 6,200.00.
The index has been trending upwards in the past few days, but it's currently consolidating.
The short-term resistance level at 6,200.00 is a strong level that MCX needs to break above to continue its upward momentum
MCX is the best stock to buy for profits.
MCX, check the post on MCX Idea:Mcx hourly close above 1525, a…
