MCX - 2 Months Consolidation Breakout - All Time High
Multi Commodity Exchange of India Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (October, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (7900 - 14.15% from the current price 6920).
4) Recommendation - Strong Buy.
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (October, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (7900 - 14.15% from the current price 6920).
4) Recommendation - Strong Buy.
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