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Mayank Kumar

8th Jun 2025 · SEBI-Registered Analyst

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.

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