MCX giving good opportunity to invest or positional trading.

٣١ يوليو ٢٠٢١

Fundamentally very strong Multi commodity exchange printed a flag and given a very big breakout with volume that is reliable.

• MCX is almost debt free.
  
• MCX has delivered good profit growth of 20.31% CAGR over last 5 years
  
• MCX has been maintaining a healthy dividend payout of 65.72%
  
• Flag breakout on weekly time frame
  
• Rsi breakout on daily and weekly charts
  

Entry range 1550-1650

Targets - 1850 | 2150 | 2660

Targets are based on fibonacci retracement.

Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.