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⚙️ STOCK TO WATCH ⚙️

Multi Commodity Exchange of India Ltd. (MCX)

₹2,989–₹3,000 → ₹5,668 👀

India’s largest commodity derivatives exchange appearing on my Weekly R4 Breakout Scanner.

MCX has been seeing strong participation and commodity-derivatives activity, while recent regulatory developments and new product launches add to the growth narrative.

📌 Buy Zone: ₹2,989–₹3,000
📌 Breakout Zone: ₹2,976
🛑 Stop Loss: ₹2,352
🎯 Target: ₹5,668

Why MCX?

📈 Strong earnings growth: Q1 FY27 revenue from operations rose 88% YoY to ₹702 crore, while PAT jumped 103% YoY to ₹413 crore.
🔥 Commodity participation remains strong: MCX benefited from increased commodity derivatives activity, with strong bullion and metals participation.
🌍 Market leadership: MCX describes itself as India's largest commodity derivatives exchange and the world's fourth-largest by number of commodity derivative contracts traded.
🚀 New products: MCX recently introduced crude sunflower oil futures, expanding its commodity product portfolio.
📊 Weekly Camarilla R4 Breakout Setup.

Why It Caught My Attention

✅ Strong Q1 FY27 earnings growth
✅ Dominant commodity-exchange position
✅ Rising trading participation
✅ New product launches
✅ Regulatory tailwinds
✅ Weekly R4 Momentum Breakout

⚠️ High Risk – High Reward Setup. Always follow strict stop-loss and disciplined position sizing.

📢 Disclaimer: This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions.

Risk Defined. Reward Visible.

© 20K Microcap Investing | R4 Momentum Desk

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