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Umang Bhutada

24th Jun Β· SEBI-Registered Analyst

Multi Commodity Exchange of India – Swing $MCX Important Levels: Support: 7,000 – 6,700 Resistance: 7,800 – 8,300 Structure: Consolidation near all-time highs Business: India's leading commodity exchange Beneficiary of rising commodity trading volumes High operating leverage business Earnings: Strong volume growth Improving profitability Asset-light business model Verdict: πŸ‘‰ Capital markets theme play πŸ‘‰ Attractive swing candidate

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