It's looks like MCX is about to bounce ..!

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MCX is at it's major support level if you view at bigger time frame ( 1 M ) from 1400 to 1464 points .Might have a bounce from here..
If you come down to lower time frame ( 4 hr ) then it looks like it had made a bullish candle pattern ( a red candle & a green doji & a green candle ) so it might goo up from here ...

It also have trend line coming from upwards which I guess it will break this time. It's been more then 120 days since it respecting that line with more then Five touches..

Rest let's see what happens..

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