Stock analysis Multi Commodity Exchange of India Limited MCX
More indepth analysis on MunafaSutra.com
Recent prices of MCX Multi Commodity Exchange of India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 29 Mon Apr 2024 | 4066.40 | 3897.55 to 4169.95 | -2.43% | 1.1 times |
| 26 Fri Apr 2024 | 4167.80 | 4145.05 to 4270.00 | 0.17% | 0.73 times |
| 25 Thu Apr 2024 | 4160.85 | 3824.85 to 4185.00 | 8.37% | 2.35 times |
| 24 Wed Apr 2024 | 3839.45 | 3713.30 to 3913.30 | -4.54% | 1.86 times |
| 23 Tue Apr 2024 | 4022.10 | 3917.70 to 4048.05 | 3.04% | 1 times |
| 22 Mon Apr 2024 | 3903.25 | 3822.00 to 3959.00 | 2.93% | 0.57 times |
| 19 Fri Apr 2024 | 3792.15 | 3780.60 to 3892.35 | -2.53% | 0.38 times |
| 18 Thu Apr 2024 | 3890.40 | 3765.30 to 3939.00 | 3.88% | 0.72 times |
| 16 Tue Apr 2024 | 3745.00 | 3662.35 to 3802.05 | 0.48% | 0.41 times |
| 15 Mon Apr 2024 | 3727.05 | 3660.20 to 3809.65 | -2.39% | 0.72 times |
| 12 Fri Apr 2024 | 3818.25 | 3807.00 to 4072.60 | -2.2% | 1.27 times |
| 10 Wed Apr 2024 | 3903.95 | 3747.20 to 3986.15 | 4.6% | 1.56 times |
Technical analysis forecast of Multi Commodity Exchange of India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Multi Commodity Exchange of India Limited MCX at this time. Stock is rising and might rise more.
It appears as if Multi Commodity Exchange of India Limited MCX gave a large move recently.
Stock of Multi Commodity Exchange of India Limited (MCX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Multi Commodity Exchange of India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Multi Commodity Exchange of India Limited stays above 4035.5, but if it comes below 4035.5, then a intra day sell could be more profitable.
If you take a sell trade below 4035.5, then use 4035.5 as stoploss and 3820.64 as target. However if you take a buy trade in Multi Commodity Exchange of India Limited, then use 4035.5 as stoploss and 4293.3 as target.