MCX trade ideas
TIME CORRECTOIN IS ONNow there might be seen price movement upside/downside by tomorrow onward in MCX.Last support zone will be demand zone if support voilated.
MCX S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
MCX MCX is best breakout stock to trade or invest according to my analysis .Possible supports and resistances are mentioned here to watch.
MCX downside target 4600, 4500MCX may see a small decline after a big rise, from where MCX may again rise to new highs, for a short period a decline of 2 to 3 percent may be seen in MCX. Is. Our first target is Rs 4600.
Crude oil Indian market bullish view with minor correctionCrude oil bullish view with minor correction
You can wait to enter long term view there a minor 100 pips correction in 2-3 days and then a big leap towards 6900
MCX bullish; above 3985 ? - Friday 12th Apr.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
F&O MasalaF&O Masala -
New Series - In this F&O Masala Series, I would like to share some good potential scrips.
Remember- this is for Educational Purpose & NOT a Buy or Sell Call.
Do you own Research (DYOR) before indulging into Buying/Selling.
MCX ready to run higher and higherBuy high and sell higher works when momentum is working one way. That seems to be the case for MCX right now. A classic bullish flag pattern breakoutThe stock is trading at highs but the momentum shows strength to soar higher
Entry - 3637
SL - 3445
Tgt - 3934
McxVolume found dry once volume increased.
Accumulation .
Strong breakout with volume spike coming soon.
MCX Pole & Flag BreakoutMCX pole and flag breakout is on chart.
Levels marked on chart.
If you didn't take this trade but at least keep this in your watchlist to observe how this chart pattern work in real environments.
MCX LONGBreakout from a rounding bottom pattern and also volume increase in past few days. On new highs.
MCX DAILY CHARTMCX DAILY CHART
Breakout @ 1698 Target 2250 Support 1650
MCX has witnessed a resistance breakout @ 1698 level, likely to head towards 2250 levels.
Its only an observation & not any suggestion.
Hedge Trade Strategy in $NSE:MCX
Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:MCX I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 2850-2840 level then possibly we can see 2730-2690 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1)Buying an Option
Strike Rate= 2760 PE
Buy Price= 21-22
Stop Loss= 13
Target = 30,35,43
Time Frame 4-6 Days
Investment = 8800
maximum Loss= 3600
Profit Upto = 8400
2) Hedge strategy
Stock Name- NSE:MCX1!
Future Entry Level - 2845
Future Stop Loss Level- 2900
Future Target Level- 2690
Option Level- Buy 2860 CE
Investment = 16500
Maximum Loss = 17000
Profit Upto = 63000
Best Regards,
MCX - Stock Analysis🚀 **Strategic Stock Pick: MCX - STWP View**
📈 **PriceVol**: *Bullish*
- *Last Few Sessions*: Rising Price Accompanied by Increasing Volume
🔥 **OneDay**: *Strong Bullish*
- *Latest Tick*: Vigorous Price Surge Supported by Strong Volume
📊 **Donchian Bands**: *Strong Bullish*
- *Trending Up*: Consecutive New Highs Indicate a Robust Uptrend
📈 **Daily Chart**: *Bullish*
- *Heikin Ashi Pattern*: Bullish Continuation Pattern Identified
📅 **Weekly Analysis**: *Bullish*
- *Heikin Ashi Pattern*: Bullish Continuation, Indicating Positive Momentum
🗓 **Monthly Outlook**: *Strong Bullish*
- *Candlestick Pattern*: Bullish Marubozu at a High Level, Suggesting Strong Momentum
🚀 **Trade Recommendation**:
- **Go Long above**: ₹2785
- **Stop Loss**: ₹2431
🌟 *Unlock the potential for substantial gains with MCX! Seize the opportunity and position yourself for success.*
Small risk and big profit expected (RSI based confirmation)Its hourly chart of MCX. Trend line rejection on last candle and RSI overbought also noted. Now we can see down side from here. Only one option can be possible according to me, market can hold on upper level. otherwise very big probability to move downside.
MCX - Stock AnalysisMulti Commodity Exchange of India Ltd. (MCX) is displaying a strong technical and fundamental profile, making it an attractive option for investors.
From a technical perspective, the stock exhibits several positive signals. The PriceVol indicator is "Mild Bullish," cautioning that while the price has been rising, the volume may not fully support this trend. The HighLow indicator is "Bullish," indicating that the stock has made a new one-year high.
The one-day analysis is "Mild Bullish," with the latest tick showing a mild price rise. It's advised to keep a close eye on the volume. The Parabolic SAR (PSAR) is "Bullish" with a bullish crossover and is sustaining the trend. The KeltnerBand, DonchianBand, MAEnvelopeBand, HighLowBand, MAChannelBand, RsiSmooth, ADX (Average Directional Index), and HighLowMABand all exhibit "Strong Bullish" signals, indicating positive breakouts and strong trends.
Candlestick patterns on the daily, weekly, and monthly charts all reflect "Bullish" sentiment, highlighting positive market sentiment.
From a fundamental perspective, MCX demonstrates several strengths. The company's Book Value has been trending upward over the last three years, indicating a strong financial position. There is excellent net margin performance over the last three years, reflecting healthy profitability. MCX is earning an excess return, and all key Trailing Twelve Months Margins have grown by 15%.
The Piotroski F Score is at a stable value of 4.0, suggesting sound financial health. The company maintains a good net margin of 23.10%, indicating strong profitability. However, it offers a very low dividend yield of 0.820%, indicating a preference for reinvesting profits for growth.
MCX has achieved annual sales growth for three consecutive years, and quarterly sales over the last five years are trending upward. Additionally, there is a steady increase in Total Assets over the last three years, reflecting the company's consistent growth and financial stability.
In summary, Multi Commodity Exchange of India Ltd. (MCX) presents an appealing investment opportunity with strong technical and fundamental indicators. The stock's bullish technical signals, combined with its robust financial performance, make it an attractive choice for investors seeking growth potential in the market. Nevertheless, investors should stay vigilant and monitor both technical and fundamental developments for a comprehensive understanding of the stock's potential.
Go Long above 2447.10
Stop Loss 2191
MCX for short time tradeAnalyse MCX for coming week in 15 minute candle pattern. This pattern is ABCD which make many time in chart.
MCX looking ready for the next up moveMCX is making an inverse head and shoulder pattern at 30 min timeframe. Trend is already bullish on 1D. Entry only after the break of structure
MCX These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
I am not sebi ragister!
MCX ANALYSIS SWING-LONGPleasure to have you here. This is an investment analysis done for the Tickr, and potential in the Technicals.
In this Daily Chart , the chart has been slightly in uptrend and as soon as it crosses its resistance, we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to trade/trade
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
