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Umang Bhutada

24th Jun · 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: 👉 Capital markets theme play 👉 Attractive swing candidate

#HiddenGems
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