MCX BULLDEX HEADING FOR A CORRECTION ?

MCXBULLDEX is currently trading at 17350 which is a long term resistance zone (17300-17700) for it.

I'm expecting a profit booking in MCXBULLDEX from these level.

I'm creating short positions at CMP 17350 & will be adding more short positions if 17650-17700 comes & Hold with 18000 as SL.

I'm expecting minimum 1000 point fall from here & expecting 16400-16200 levels soon.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

Operación activa:

CMP 17550
Adding more position here.
Avg sell price now is 17450

Holding with 18000 SL for 16400-16200 Target.

Operación cerrada: precio stop alcanzado:

Stop reached. Closed closed.

Bullion is rallying in different dimension. Better to stay away!