MCX - Multi Commodity Exchange (Daily chart, NSE) - Long

MCX - Multi Commodity Exchange (Daily chart, NSE) - Long Position; short-term research idea.

Risk assessment: Medium {volume structure integrity & volatility risk}
Risk/Reward ratio ~ 4.25
Current Market Price (CMP) ~ 5930

Entry limit ~ 5925 to 5775 (Avg. - 5850) on April 25, 2025

1.⁠ ⁠Target limit ~ 6201 (+6%; +351 points)
2.⁠ ⁠Target limit ~ 6700 (+14.53%; +850 points)

Stop order limit ~ 5650 (-3.42%; -200 points)

Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.

LEGEND:
{curly brackets} = observation notes
[square brackets] = important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value