MCX 1 Day View

Last traded price: ₹9,738.50 on 17 Nov 2025 (approx)

Previous day close: ~ ₹9,666.50

Day high so far: ~ ₹9,786.00

Day low so far: ~ ₹9,640.00

52-week high: ~ ₹9,786.00, 52-week low: ~ ₹4,408.15

One-Day Time-Frame Level Observations

The price is very near its recent all-time/52-week high (~₹9,700+), so there may be resistance around the recent high zone (~₹9,700-9,800).

It has already had an intraday high around ~₹9,744 today, so any breakout beyond that may open upside potential; conversely, dropping below the intraday low (~₹9,439) may indicate weakness.

Given its high valuation (P/E ~70.8x according to recent data) and that the stock is at a high level, one might be cautious of a pull-back risk or consolidation.

Caveats & Things to Keep in Mind

The data is near real-time (delayed seconds/minutes) but market conditions can change quickly, especially in volatile segments.

Even though the one-day frame gives a useful short-term view, longer-term fundamentals (earnings, growth, regulatory risk) matter for sustainability.

For example: Recently MCX had a system outage / capacity-breach that drew regulatory attention.

Also, brokerage views differ: One report noted a lower target for MCX despite the high latest price.