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Technicals for Multi Commodity Exchange of India Limited
By MusingTheNews
2025-09-05 20:37
Overall Technical outlook
Price Summary
Multi Commodity Exchange of India Limited's stock began trading at 7681.5 on 2025-09-05, soared to 7744.5, dipped to 7575.5, and finished the day -0.99% lower at 7605.5, with 253696 shares exchanged. Over the course of 52 weeks, the stock peaked at 9060.5 and hit a low of 4520.55. Analysts' predictions indicate that MCX's future price will be between 5750.0 and 10000.0, with a mean price expectation of approximately 7896.3335.
Technicals
Support and Resistance: The price of 7605.5 is supported at 7557.5 and capped by resistance at 7890.5. These levels mark key points for Multi Commodity Exchange of India Limited where the price could find stability, with 7557.5 as a floor and 7890.5 as a ceiling. Support/Resistance for MCX
Aroon: The current reading of the AROON is neutral for MCX, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Multi Commodity Exchange of India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Multi Commodity Exchange of India Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Multi Commodity Exchange of India Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Multi Commodity Exchange of India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Multi Commodity Exchange of India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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