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Multi Commodity Exchange of India Limited
Atualizado

Simple Trade Setup | MCX | 30-08-2021

232
MCX

Observations:

1) On Daily time frame it is already trading below 200DMA.

Please refer below chart : daily time frame.
snapshot

2) On Daily time frame it has taken reversal from it's critical support 1455 level range and also closed above 400DMA. It shows the strength will come in stock to get bullish now.

Please refer below chart : daily time frame.
snapshot


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Trade Setup for Date 30-08-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.

Please refer below chart for levels.
snapshot

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Trade fechado: objetivo atingido
snapshot
Trading_hawk
Também em:
intradaystockMCXmcx_commoditymcxindiamcxstockmcxtipsmcxtradetomorrowstocksTrend Analysis

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intradaystockMCXmcx_commoditymcxindiamcxstockmcxtipsmcxtradetomorrowstocksTrend Analysis
Trading_hawk
Também em:

Publicações relacionadas

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.