MCX chart study
MCX SPOT CMP 1380
240 mins time frame.
Chart pattern study.
Symmetrical triangle pattern fromation.
Breakdown confirmed around 1440-1450 levels.
Descending triangle pattern formation, demand zone around 1340-1350 levels.
Need confirmation around this demand zone.
Either reversal or either break down would lead to fresh journey for the counter.
This will be conditional view.
240 mins time frame.
Chart pattern study.
Symmetrical triangle pattern fromation.
Breakdown confirmed around 1440-1450 levels.
Descending triangle pattern formation, demand zone around 1340-1350 levels.
Need confirmation around this demand zone.
Either reversal or either break down would lead to fresh journey for the counter.
This will be conditional view.
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