MCX, CONFLUENCE OF INV HEAD & SHOULDER, FIBO & RESISTANCE AREA

٢٧ ديسمبر ٢٠٢٠

MCX has following multiple factors which might push this stock up if this breaches 1751
1. Fibo 78.6% breakout
2. Long term resistance area around 1745-1750
3. Inv Head & Shoulder formation.

If stays above 1750-55 tomorrow, then can move to 1800 & 1820 zone.

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Thanks
Piyush Gupta
Learn & Earn