Darshan1971

MCX - Bullish above 1560 Long

NSE:MCX   MULTI COMMODITY EX
MCX has pierced with conviction the long term resistance. If today it sustains over 1559 then one can open Long positions for the stock. It is a work horse which can be bought and forgotten for 10 years. It will give a very descent return of 15 % CAGR.

Analysis for academic purpose
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