MCXNSE:MCX
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MCX trade ideas
MCX take off soon🛫MCX is between 1440-1840 range for more than 1 years, today made a good breakout and create a new all time high and 52 week high 1888. So coming days a good rally possible.
Between 1800-1840 good buy.
Keep watch.
Today's volume is 5 times greater than last few days🔥
{Disclaimer: I am not a SEBI registered analyst, study yourself before investing}
MCX is ready to flyCMP 1671 (Spot)
Entry 1650-1670
T1 1700
T2 1745
T3 1780
SL 1625 (Closing basis)
Throughout the recent fall in benchmark indices, MCX has been strong and positive.
Price is moving in a range on daily charts and today also it took a support on 20sma as well as the bottom of range.
If SL is safe, we can look for an upside of 5-7% in coming days. Keep an eye and trade safe.
Above 1800, sky is the limit.