MCX - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 4.5

📊 Analysis: MCX demonstrates strong intraday potential with price momentum supported by RSI (56.3) and MACD (156). Current price (₹10,306) is comfortably above DMA 50 (₹9,590) and DMA 200 (₹8,035), confirming bullish bias. Volume (3,92,173) exceeds the 1-week average (3,31,299), showing active participation. However, the very high P/E (97.8) compared to industry average (60.8) raises valuation concerns.

💹 Optimal Buy Price: ₹10,250–₹10,300 (near intraday support).

🎯 Profit-Taking Exit Levels: ₹10,380 (first resistance), ₹10,450 (second resistance).

🛡️ Stop-Loss / Loss Protection: ₹10,200 (below intraday support).

⏱️ Intraday Exit Guidance: If already holding, consider exiting if price fails to sustain above ₹10,250 with RSI dropping below 50 or MACD flattening. Exit near ₹10,380–₹10,450 if momentum remains strong with volume confirmation.

Positive

• ✅ Strong ROCE (31.9%) and ROE (23.9%) indicate efficient capital use.
• ✅ Debt-free balance sheet (0.00 debt-to-equity).
• ✅ EPS of ₹105 supports earnings strength.
• ✅ Quarterly profit variation of 41.5% shows robust growth.
• ✅ Price trading above DMA 50 & DMA 200 confirms bullish trend.

Limitation

• ⚠️ Very high P/E (97.8) compared to industry average (60.8).
• ⚠️ Low dividend yield (0.29%) offers limited income return.
• ⚠️ FII holding decreased (-2.69%), showing reduced foreign investor confidence.

Company Negative News

• 📉 No major negative news reported, but valuation concerns persist due to high P/E.

Company Positive News

• 📈 Strong quarterly profit growth (41.5%) highlights operational strength.
• 📈 Increased DII holding (+1.41%) shows domestic investor confidence.

Industry

• 🌐 Financial services sector remains strong with rising trading volumes.
• 🌐 Industry P/E at 60.8 indicates moderate valuation compared to MCX’s premium.

Conclusion

🔎 MCX is a strong candidate for intraday trading today. Buy near ₹10,250–₹10,300 with profit targets at ₹10,380–₹10,450 and stop-loss at ₹10,200. Momentum indicators and volume favor short-term gains, but high valuation limits upside. Suitable for disciplined intraday traders with strict stop-loss adherence.

Would you like me to extend this into a basket overlay with peer benchmarking (NSE, BSE, CDSL, CAMS) so you can compare intraday setups across the broader financial services sector?