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Ashray_G

MCX giving good opportunity to invest or positional trading.

Long
MULTI COMMODITY EX (NSE:MCX)  
Ashray_G  
NSE:MCX   MULTI COMMODITY EX
Trend Analysis Chart Patterns Fundamental Analysis MCX Gold breakout indianstocks invesrtor investing positional yearly
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trendanalysis chartpattern fundamental mcx gold breakout indianstocks invesrtor investing positional yearly
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.
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