Trend Overview
MCX is in a strong uptrend, but currently moving in a consolidation zone. Breakout or breakdown from this zone will decide the next move.
Key Levels (Very Important)
🔼 Upside Levels
Support to Buy: ₹4,040
Breakout Buy Level: ₹4,120
Upside Targets:
₹4,180
₹4,250
₹4,320 (major resistance)
🔽 Downside Levels
Breakdown Level: ₹3,980
Downside Targets:
₹3,940
₹3,880
Next Week Trading Logic (Short & Clear)
📌 Buy Side Plan
Buy only above ₹4,120 breakout.
Reason: This level has been tested multiple times; breakout = fresh momentum.
Target zones: 4,180 → 4,250
Stop-loss: ₹4,060
📌 Sell Side Plan
Sell only below ₹3,980 breakdown.
Reason: Below this, structure shifts weak & profit-booking increases.
Target zones: 3,940 → 3,880
Stop-loss: ₹4,030
MCX is in a strong uptrend, but currently moving in a consolidation zone. Breakout or breakdown from this zone will decide the next move.
Key Levels (Very Important)
🔼 Upside Levels
Support to Buy: ₹4,040
Breakout Buy Level: ₹4,120
Upside Targets:
₹4,180
₹4,250
₹4,320 (major resistance)
🔽 Downside Levels
Breakdown Level: ₹3,980
Downside Targets:
₹3,940
₹3,880
Next Week Trading Logic (Short & Clear)
📌 Buy Side Plan
Buy only above ₹4,120 breakout.
Reason: This level has been tested multiple times; breakout = fresh momentum.
Target zones: 4,180 → 4,250
Stop-loss: ₹4,060
📌 Sell Side Plan
Sell only below ₹3,980 breakdown.
Reason: Below this, structure shifts weak & profit-booking increases.
Target zones: 3,940 → 3,880
Stop-loss: ₹4,030
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Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Contact Knowledgehub for a detailed consultation: Dm on WhatsApp: [wa.link/a2o0kz]-
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Phone No: [+91 93102 26243]-
Email: [tradingviewknowledgehub@gmail.com]---
-- Let’s achieve success together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.