MCX — Bullish Consolidation Near Lifetime Highs 💹

advanced 2.2% to ₹10,343, rebounding from support and showing renewed momentum near its lifetime highs. The stock continues to outperform the broader market, riding on robust trading volumes and improved system stability. Technical View: Price remains firmly above 9-EMA (₹10,139). RSI (14) at 66.5, indicating a steady bullish setup. Stock consolidating in a tight range after a strong rally — a healthy sign before the next breakout. Support: ₹10,100 | Resistance: ₹10,500–₹10,700 | Bias: Bullish. Fundamental View: Increasing derivatives turnover and system stability post new trading platform migration improving confidence. Favorable regulatory clarity and volume growth remain key triggers. Analysts expect FY26 EPS to strengthen with operating leverage and higher ADTV. Outlook: Sustained trade above ₹10,500 could mark fresh all-time highs with target ₹10,800–₹11,000.