MCX - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | MCX | Market Cap | 75,771 Cr. | Current Price | 2,972 ₹ | High / Low | 2,986 ₹ |
| Stock P/E | 105 | Book Value | 81.8 ₹ | Dividend Yield | 0.20 % | ROCE | 31.9 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 2,611 ₹ | DMA 200 | 2,136 ₹ |
| Chg in FII Hold | 5.43 % | Chg in DII Hold | -4.81 % | PAT Qtr | 307 Cr. | PAT Prev Qtr | 156 Cr. |
| RSI | 71.2 | MACD | 107 | Volume | 25,65,729 | Avg Vol 1Wk | 22,60,764 |
| Low price | 1,120 ₹ | High price | 2,986 ₹ | PEG Ratio | 2.32 | Debt to equity | 0.00 |
| 52w Index | 99.2 % | Qtr Profit Var | 151 % | EPS | 28.3 ₹ | Industry PE | 68.0 |
📊 Analysis: MCX is showing strong intraday potential. Current price (₹2,972) is at its 52-week high (₹2,986), reflecting strong bullish momentum. RSI at 71.2 indicates overbought conditions, yet MACD (107) confirms strong upward momentum. Volume (25.6 lakh) is above the 1-week average (22.6 lakh), showing active participation. PAT doubled (₹156 Cr → ₹307 Cr), supporting fundamentals. However, high P/E (105) vs industry (68) suggests valuation risk.
💹 Optimal Buy Price: ₹2,960–2,975 if sustained above VWAP with strong volume.
🎯 Profit Exit Levels: ₹2,986 (52-week high resistance) and ₹3,050 (psychological round level).
🛑 Stop-Loss: ₹2,930 (below intraday support).
⏱️ If Already Holding: Book profits near ₹2,986–3,050 if RSI rises above 75 or momentum slows. Exit if price falls below ₹2,930 with heavy selling pressure.
Positive
- Strong ROE (23.9%) and ROCE (31.9%) highlight efficiency.
- Quarterly PAT surged 151% (₹156 Cr → ₹307 Cr).
- EPS at ₹28.3 supports earnings visibility.
- Zero debt-to-equity ensures financial strength.
- FII holding increased (+5.43%), showing strong foreign confidence.
Limitation
- High P/E (105) compared to industry (68) indicates premium valuation.
- RSI above 70 signals overbought conditions.
- DII holding decreased (-4.81%), showing weaker domestic sentiment.
Company Negative News
- DII stake reduction highlights cautious domestic outlook.
Company Positive News
- FII stake increased significantly (+5.43%), boosting investor sentiment.
- Quarterly profit growth (+151%) strengthens fundamentals.
Industry
- Industry P/E at 68 is lower than MCX’s 105, highlighting premium valuation.
- Exchange sector benefits from rising trading volumes and market activity.
Conclusion
⚖️ MCX offers strong intraday trading potential with robust fundamentals, high volume, and bullish momentum. Suitable for trades above ₹2,960 with profit targets near ₹2,986–3,050 and strict stop-loss at ₹2,930. Overbought RSI requires cautious profit booking.