MCX - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 3.2

📊 Technical & Momentum Analysis

Current Price (₹7,840) is hovering just above 50 DMA (₹7,796) — weak support zone.

MACD (-13.9) — bearish momentum, signals caution.

RSI (41.6) — approaching oversold, but not yet a reversal signal.

Volume: Slightly above 1-week average — some interest, but not breakout-level.

📈 Fundamental Overview

Valuation

P/E (71.4) — extremely high, even for its industry.

PEG Ratio (1.38) — fair relative to growth, but still pricey.

Profitability

ROCE (42.9%) and ROE (34.3%) — exceptional returns, very efficient.

EPS (₹110) — strong earnings base.

Quarterly Performance

PAT Qtr: ₹135 Cr vs Prev Qtr: ₹160 Cr — slight decline (Qtr Profit Var: +54.2% YoY still strong).

Dividend Yield (0.38%) — minimal.

Debt-to-Equity (0.00) — debt-free, very stable.

FII/DII Holding

FII down (-0.11%) — neutral foreign sentiment.

DII up (+0.99%) — mild domestic accumulation.

✅ Swing Trade Strategy

Optimal Entry Price: ₹7,700–₹7,750 (closer to 50 DMA and RSI support).

Target Exit Price: ₹8,400–₹8,600 (resistance zone before recent high).

Stop Loss: ₹7,580 (below recent swing low and psychological support).

🧭 If You Already Hold the Stock

Hold with a target of ₹8,400–₹8,600.

Exit if price breaks below ₹7,580 with continued MACD weakness and RSI dipping below 40.

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