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Technical Breakout in MCX Hints at Rally; Support Seen at Rs 6,260
Technical Breakout in MCX Hints at Rally; Support Seen at Rs 6,260

Economic Times

time3 days ago

  • Business
  • Economic Times

Technical Breakout in MCX Hints at Rally; Support Seen at Rs 6,260

'On the daily chart, MCX stock has recently given a breakout from a Pennant formation, a continuation pattern that typically indicates the potential for further upward movement. Traders can buy for a target of Rs 6910-7370 in the next few weeks,' Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said. Show more 04:06 06:16 01:28 07:08 01:38 04:40 03:48 02:17 06:32 01:25 02:35 04:55 06:21 04:31 01:40 06:04 05:39 07:05 02:22 05:26 01:45 02:41 02:40 01:29 05:00 03:14 04:45 06:38 01:11 04:28 06:32 02:23 01:51 04:40 02:05 05:11 01:54 01:23 05:12 02:10

India Cement trading above 50-Day MA, weekly trendline support signals further gains
India Cement trading above 50-Day MA, weekly trendline support signals further gains

Economic Times

time26-05-2025

  • Business
  • Economic Times

India Cement trading above 50-Day MA, weekly trendline support signals further gains

'On the daily chart, India Cement stock price has been moving within an upward rising channel for several sessions, indicating a sustained bullish trend. Traders can buy for a target of Rs 347-378 in the next few weeks,' Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said. Show more 04:55 06:21 04:31 01:40 06:04 05:39 07:05 02:22 05:26 01:45 02:41 02:40 01:29 05:00 03:14 04:45 06:38 01:11 04:28 06:32 02:23 01:51 04:40 02:05 05:11 01:54 01:23 05:12 02:10 06:05 06:41 03:03 02:04 05:11 01:20 06:15 04:41 01:12 03:05 05:06

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