MCX Bulldex, MCX Energydex and MCX Metldex Daily Report

By: Admin
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Insignia Consultants

New Delhi

Monday, January 24, 2022 TIME 11:02 AM IST                                 

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MCX INDEX FUTURES DAILY REPORT (Bulldex, Metldex and Energydex)

Bulldex is bullish. Energydex and Metldex will see very sharp two way price moves.

Bulldex 23rd February 2022: (CMP Rs.14372.00) Daily Support/Resistance: 14276 & 14403 INTRADAY VIEW: (a) Bulldex has to trade over 14276 to rise to 14608. (b) Bulldex will crash if it trades below 14276 to 14072.

Metldex 17th February 2022:  (CMP Rs.18344.00) Daily Support/Resistance: 18239 & 18503 INTRADAY VIEW: (a) Metldex has to trade over 18440 to rise to 18767. (b) Metldex will crash only if it trades below 1839 today to 18076 and 17913.

Energydex 9th February 2022: (CMP Rs.6224.00) Daily Support/Resistance: 6177 & 6317 INTRADAY VIEW: Energydex has to trade over 6177 to rise to 6426. It will crash if it trades below 6177.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Website www.insigniaconsultants.in Prepared by Chintan Karnani

Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

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APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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