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MCX, Firstsource shares can zoom over 30%, hit new life-time highs: charts
Technical Alert: MCX and Firstsource Solutions stocks have witnessed formation of 'Golden Cross' on the daily chart; and hence are likely to log gains in the coming period.
Rex Cano Mumbai
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Shares of Multi Commodity Exchange of India (MCX) and Firstsource Solutions (FSL) were seen trading on a divergent note in trades on Friday, May 30, 2025 on the NSE. MCX stock was up nearly a per cent around ₹6,624 levels, while FSL share price slipped 3.5 per cent to ₹381 levels. Technical charts, however, flag a positive development for both MCX and FSL stocks. The daily charts show formation of the 'Golden Cross' pattern also commonly referred to as 'Golden Crossover'. The term 'Golden Cross' or 'Golden Crossover' means that the short-term - 50-Day Moving Average (50-DMA)
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