MCX - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.7

📊 Intraday Trade Analysis for MCX

Multi Commodity Exchange (MCX) presents a moderately favorable setup for intraday trading today. While fundamentals are strong and the stock is trading above key moving averages, technical indicators suggest caution due to fading momentum and below-average volume.

🔍 Technical & Momentum Overview

RSI (56.4): Neutral to slightly bullish — not overbought, but lacks strong momentum.

MACD (-33.8): Negative — indicates short-term bearish divergence.

Price Action: Trading above both 50 DMA (₹7,796) and 200 DMA (₹6,828), showing medium-term strength.

Volume: Current volume (4.80L) is below 1-week average (6.49L), suggesting reduced intraday interest.

📈 Fundamental Snapshot

Valuation: P/E of 83.0 vs industry PE of 56.3 — expensive, but PEG of 1.83 supports growth potential.

Profitability: ROCE (31.9%) and ROE (23.9%) are excellent; EPS is ₹96.3.

Quarterly Profit: Jumped from ₹102 Cr. to ₹157 Cr. — strong earnings momentum.

Institutional Flow: FII slightly reduced holdings; DII increased — net positive sentiment.

🎯 Optimal Buy Price for Today

Buy Zone: ₹7,970–₹7,990

Entry near 50 DMA support with tight stop-loss. Avoid chasing above ₹8,020 unless MACD flattens and volume improves.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 8,050 Minor resistance zone

Target 2 8,120 Momentum extension target

Stop-Loss 7,940 Below intraday support

🕒 If You Already Hold MCX Today

Exit on Weakness

Price drops below ₹7,940 with rising volume.

RSI dips below 54 or MACD widens negatively.

Exit on Strength

Price nears ₹8,050–₹8,120 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors cautious scalping with breakout potential. Let me know if you'd like to compare MCX with other financial infrastructure stocks showing stronger momentum.

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