MCX Postional Long.
Since the stock is consolidating at all time high. Looking at the the previous trend it is already given breakout from 1600 levels which was previous all time high.
In consolidation whenever stocks makes higher highs and test 20 DMA , Chances of Breakout are high and stop loss is small. SL will be 1650 on daily close basis
In consolidation whenever stocks makes higher highs and test 20 DMA , Chances of Breakout are high and stop loss is small. SL will be 1650 on daily close basis
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