⚙️ 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
#MCX #MultiCommodityExchange #CommodityStocks #CommodityTrading #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap
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
#MCX #MultiCommodityExchange #CommodityStocks #CommodityTrading #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap
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.
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.