MCX Outlook for the Week (December 09, 2024 – December 13, 2024)
Multi Commodity Exchange of India closed flat on Weekly basis.
Technically, Multi Commodity Exchange of India share price will see immediate support at 6,356.80 and immediate resistance would be seen at 7,265.90.
If Multi Commodity Exchange of India share price closes below immediate support of 6,356.80, then sharp breakdown can be seen. Multi Commodity Exchange of India share price will see major support at 5,793.60 for the week.
On the positive side, immediate resistance will be seen at 7,265.90. Closing above 7,265.90, Multi Commodity Exchange of India share price will see a sharp breakout. Major resistance for Multi Commodity Exchange of India share price will be seen at 7,611.80 for the week.
Trading range for Multi Commodity Exchange of India share price for this week should be between 5,447.70 on down side and 8,175.00 on up side.
Multi Commodity Exchange of India Previous Week Open: 6225
Multi Commodity Exchange of India Previous Week High: 7048.6
Multi Commodity Exchange of India Previous Week Low: 6139.5
Multi Commodity Exchange of India Previous Week Close: 6920
Multi Commodity Exchange of India Previous Week Range: 909.1 Points
Multi Commodity Exchange of India share price support and resistance for the week (December 09, 2024 - December 13, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 8,175.00 |
| Resistance 2 | 7,611.80 |
| Resistance 1 | 7,265.90 |
| Support 1 | 6,356.80 |
| Support 2 | 5,793.60 |
| Support 3 | 5,447.70 |
