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2026-03-06 11:20:46 am | Source: Religare Broking Ltd
Stock of the day : Multi Commodity Exchange Of India Ltd by Target Rs. 2730- Religare Broking Ltd
Stock of the day : Multi Commodity Exchange Of India Ltd by Target Rs. 2730- Religare Broking Ltd

Multi Commodity Exchange Of India Ltd

 MCX indicates a strong and established uptrend, with price managing above key moving averages while expanding spread between medium- and long-term averages reinforces the prevailing bullish market structure.

* Recent consolidation appears constructive, reflecting healthy supply absorption rather than distribution.

* The formation of higher highs and higher lows continues to validate positive trend momentum.

* Traders may consider initiating long positions within the specified accumulation range.

Buy Multi Commodity Exchange Of India Ltd CMP 2553.50 Range 2550-2555 SL 2460 Target 2730

 

 

 

 

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