MCX - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 4.2

💹 Optimal Buy Price: ₹9,280–₹9,300 (slightly below current price, near intraday support)

🎯 Profit Target: ₹9,400–₹9,450 (minor resistance zone)

🛡️ Stop Loss: ₹9,220 (below recent support and psychological level)

📊 Exit Strategy if Already Holding: Consider exiting near ₹9,440 if RSI approaches 65 and MACD flattens. Watch for volume spikes and price rejection near ₹9,450.

✅ Positive

• 📈 Strong quarterly PAT growth: ₹157 Cr vs ₹102 Cr (QoQ)
• 📊 RSI at 60.9 and MACD at 287 indicate bullish momentum
• 📈 Trading well above both 50 DMA and 200 DMA, confirming strong uptrend
• 📉 Debt-free company with 0.00 debt-to-equity ratio
• 📊 DII holding increased by 1.41%, showing strong domestic institutional confidence

⚠️ Limitation

• 📉 Volume today (4.93L) is slightly below 1-week average (4.99L)
• 📉 High P/E of 96.7 vs industry average of 64.0 suggests overvaluation
• 📉 PEG ratio of 2.14 indicates expensive growth valuation
• 📉 FII holding declined by 2.69%

🚫 Company Negative News

• 📉 No major negative news reported recently

📢 Company Positive News

• 📈 EPS of ₹96.3 and strong PAT growth signal robust earnings performance
• 📊 Price action near 52-week high (94.1% index) shows strength

🏭 Industry

• 📊 MCX operates in the financial exchange services sector, which benefits from rising market participation and volatility
• 📈 Industry P/E of 64.0 supports long-term valuation potential

🧾 Conclusion

📌 MCX presents a strong intraday setup today with bullish momentum, solid earnings growth, and technical strength above key moving averages. Traders may consider entering near ₹9,290 with a target of ₹9,440 and stop loss at ₹9,220. If already holding, monitor RSI and MACD for exit signals near resistance.

I can also help you track MCX’s live price movement and compare it with other financial exchange stocks like BSE or NSE for intraday opportunities.