MyKEYtoSENSEX

MCX Looks good !!

Long
NSE:MCX   MULTI COMMODITY EX
MCX : cmp : 1430.2
A double bottom kind of pattern has been formed in hourly chart. .
On the verge of breakout.
Closing above previous highs.
RSI & MFI trending up.
buy on dips.

Accumulation zone : 1420 - 1440
Profit booking zone may be : 1498 - 1542
SL 1401/According to your risk appetite.

Positionally can move 1760+
Sl 1358 Dclbs

May future as well as May 1440CE/1500CE can be look after for decent return.

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally

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