MCX - Multi Commodity Exchange (45 minutes chart, NSE) - Long

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MCX - Multi Commodity Exchange (45 minutes chart, NSE) - Long Position; short-term research idea.

Risk assessment: Medium {volume structure integrity risk}
Risk/Reward ratio ~ 1.35
Current Market Price (CMP) ~ 6490

Entry limit ~ 6400 on May 16, 2025

Target limit ~ 6680 (+4.38%; +280 points)

Stop order limit ~ 6192 (-3.25%; -208 points)

Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.

LEGEND:
{curly brackets} = observation notes
[square brackets] = important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value

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