MCX - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.6

📊 Swing Trade Analysis: MCX (Multi Commodity Exchange of India Ltd.)

MCX shows strong long-term fundamentals and recent earnings momentum, but short-term technical indicators suggest caution. It’s a moderately good candidate for swing trading with a watchful approach.

✅ Strengths

Fundamental Quality

ROCE (31.9%) and ROE (23.9%): Excellent capital efficiency.

EPS (₹96.3) and Quarterly PAT Growth (95.2%): Strong earnings momentum.

Debt-Free (D/E: 0.00): Financially sound.

DII Holding Increase (+0.99%): Positive domestic sentiment.

Valuation Context

P/E (83.0) vs Industry PE (56.3): Premium valuation, but supported by growth.

PEG Ratio (1.83): Fairly valued for its growth trajectory.

Price Action

Current Price (₹7,999) above 50 DMA (₹7,796) and 200 DMA (₹6,828): Bullish trend intact.

52w Index (76.3%): Strong recovery from lows.

⚠️ Weaknesses

MACD (-33.8): Bearish crossover — signals short-term weakness.

RSI (56.4): Neutral zone, lacking strong momentum.

Volume below average: May limit short-term price action.

FII Holding Decline (-0.11%): Slight foreign investor pullback.

Dividend Yield (0.38%): Minimal passive income.

🎯 Optimal Entry Price

Entry Zone: ₹7,750–₹7,800

A pullback near the 50 DMA would offer a better risk-reward setup.

🚪 Exit Strategy (If Already Holding)

Target Exit Price: ₹8,900–₹9,100

Near 52-week high and psychological resistance.

Stop Loss: ₹7,700

Just below 50 DMA and recent support.

Time Horizon: 1–2 weeks, depending on MACD reversal and volume recovery.

This setup suits traders who are comfortable with premium valuations and can manage short-term volatility. Let me know if you’d like help tracking this trade or scanning similar setups.

Edit in a page