MCX - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | MCX | Market Cap | 66,397 Cr. | Current Price | 2,603 ₹ | High / Low | 2,706 ₹ |
| Stock P/E | 92.0 | Book Value | 81.8 ₹ | Dividend Yield | 0.23 % | ROCE | 31.9 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 2,404 ₹ | DMA 200 | 1,969 ₹ |
| Chg in FII Hold | 1.64 % | Chg in DII Hold | -1.34 % | PAT Qtr | 307 Cr. | PAT Prev Qtr | 156 Cr. |
| RSI | 59.1 | MACD | 57.2 | Volume | 61,48,184 | Avg Vol 1Wk | 38,19,252 |
| Low price | 905 ₹ | High price | 2,706 ₹ | PEG Ratio | 2.03 | Debt to equity | 0.00 |
| 52w Index | 94.3 % | Qtr Profit Var | 151 % | EPS | 28.3 ₹ | Industry PE | 55.9 |
📊 Analysis: MCX is trading at ₹2,603, close to its 52-week high of ₹2,706, showing strong bullish momentum. RSI at 59.1 indicates healthy strength without being overbought, while MACD at 57.2 confirms positive momentum. Intraday volume (61.4 lakh) is significantly higher than the 1-week average (38.1 lakh), suggesting strong participation. Fundamentals are robust with ROCE 31.9%, ROE 23.9%, and zero debt. However, valuation is stretched with a P/E of 92.0 compared to industry average of 55.9.
💰 Optimal Buy Price: Intraday entry can be considered near ₹2,590–2,605 if momentum sustains.
🎯 Exit Levels:
- Profit-taking: ₹2,640 – ₹2,670 (near-term resistance zone)
- Stop-loss: ₹2,570 (below intraday support)
⏱️ If Already Holding: Consider booking profits if price struggles near ₹2,640–2,670 or if RSI crosses 70 intraday. Exit should be considered if price falls below ₹2,570 with weakening volume support.
Positive
- Strong ROCE (31.9%) and ROE (23.9%) indicate efficient capital use.
- Zero debt-to-equity ensures financial stability.
- Quarterly PAT surged from ₹156 Cr. to ₹307 Cr. (+151%).
- FII holding increased (+1.64%), showing foreign investor confidence.
Limitation
- High P/E (92.0) compared to industry average (55.9).
- Dividend yield at 0.23% is low, offering limited income return.
- Book value (₹81.8) is far below current price, indicating premium valuation.
Company Negative News
- DII holding decreased (-1.34%), showing reduced domestic institutional support.
Company Positive News
- EPS of ₹28.3 reflects strong earnings base.
- 52-week index return of 94.3% shows strong investor confidence.
Industry
- Industry PE at 55.9 is lower, making MCX relatively expensive compared to peers.
- Exchange and financial services sector benefits from rising trading volumes and market activity.
Conclusion
🚀 MCX shows strong bullish momentum with high volume, positive MACD, and RSI in healthy range. Intraday traders can consider entries near ₹2,590–2,605 with profit targets around ₹2,640–2,670. Tight stop-loss at ₹2,570 is recommended to protect against volatility. While valuations are stretched, momentum favors short-term intraday opportunities.
Would you like me to extend this into a basket overlay with peer benchmarking against NSE, BSE, and other exchange-related stocks to highlight relative intraday strength and sector rotation opportunities?