In this blog, we are going to discuss about MCX Stock next probable momentum.
What the MCX Stock Daily Chart is Saying
On the daily chart, we can observe that there was a non-stop momentum towards 9000 in this counter. Finally, the stock reached a resistance of around 9000 and fell. Recently, the stock fell to 8000 and found support and returned to 8450. As per the 18 July daily closing, the stock price closed around 8235.
Now we have a strong interim support around 8000, along with interim resistance around 8450 and final upside resistance around 9000. We also know the script is fundamentally strong and poised to move up, but the stock looks weak below 8000. If the stock price sustains below 8000, then more 300 to 600-point downfall is possible at this counter.
The final price action-based support is present around the 7000 zone. This kind of situation is called a polarity zone, where support becomes resistance and resistance becomes support. If we look at 2 major EMAs (Exponential Moving Average ), like 50 and 100 are lying around 7709 and 7023. The 100 EMA is present around the previous breakout zone, which may become a strong support if the stock price falls to 7000. If the stock price moves up from here and again stands above 9000, then more potential upside momentum is possible along with volume.
It was MCX Stock Analysis for the rest of July 2025 and Onwards.
Disclaimer :- Registration granted by SEBI, membership of a SEBI recognized supervisory body ( if any ), and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. We are Bluemoon Research & Financial Services ( SEBI Registered Research Analyst, Regd No- INH000016135 ). The above-mentioned stocks are only for learning purposes, not recommended. Read the disclaimer and disclosure in detail on our website.