MCX
MCX 50 EMA (Yellow): ₹6,492
100 EMA (Green): ₹6,179
200 EMA (Cyan): ₹5,938
500 EMA (Purple): ₹5,369
All EMAs are in perfect bullish alignment:
50 > 100 > 200 > 500 → Confirms strong uptrend.
Major Breakout occurred above ₹7,042 (marked horizontal black line).
Price rallied sharply post-breakout with little consolidation — indicating strong buying interest and short-covering.
Minor red candle at top shows profit-booking or short-term exhaustion.
#FundamentalViews

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