🚀 Cup Breakout + MACD Surge = Fresh Life Highs on MCX!

📊 Pattern Recognition: Cup & Handle Breakout Beautiful cup-shaped base formed between ₹4,800–₹7,100 over months Weekly breakout above ₹7,112 resistance zone, confirming a classical Cup & Handle Massive volume and follow-through candle confirms institutional accumulation 🔁 MACD Confirmation Strong MACD crossover well above zero Both lines expanding rapidly — classic sign of momentum entering trend phase Histogram now deep into green territory with rising strength 📍 AVWAP Support Price stayed supported above AVWAP anchored to July 2023 swing low 200-week EMA (purple) also rising — strong trend confirmation 📈 Fundamental Snapshot MCX is India's only listed commodity exchange – a monopoly Recent tech platform switch + volume growth = re-rating candidate ROCE consistently strong; minimal debt; revenue visibility from transaction charges 🔔 Conclusion: A textbook Cup & Handle breakout above ATH backed by MACD strength, AVWAP support, and robust fundamentals. Momentum likely to extend toward ₹9,500+ levels in the coming weeks.