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MCX of India Share Price Target - Tomorrow, Next Week & Next Month

Multi Commodity Exchange of India Limited

Company LogoSymbol: MCX
Price: ₹3,914.1
Exchange: NSE
Financial Services -> Financial Data & Stock Exchanges
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MCX of India Recent Performance

Over the past 26 trading days, the value of MCX of India's stock has increased by ₹82.05 (+2.14%). On 13 May 2024, one share was worth ₹3832.05 and by 18 Jun 2024, the value jumped to ₹3914.10. During this period it created a highest high of ₹4074.00 and lowest low of ₹2917.85.

Below Image represents line chart of daily close price of MCX of India, helping you visualize how the price has changed day by day.

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 MCX of India Recent Daily Close Chart

Chart: MCX of India Share Price Target - Tomorrow

 MCX of India Targets For Tomorrow Chart

The line chart displays the MCX of India daily closing prices for the past 26 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for MCX of India shares for Tue 18 Jun 2024, see the table below.

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Table: MCX of India Share Price Target - Tomorrow

By analyzing MCX of India stock with today and past crucial price points and technical indicators we derived following targets for Tomorrow: Wed, 19 Jun, 2024!

MCX of India's LevelsValueReason/Importance
Tomorrow Target 34050.00 (+3.47%)Price Action: 21 May 2024 High
Tomorrow Target 24002.73 (+2.26%)Fibonacci Extension Level 161.8%
Tomorrow Target 13955.00 (+1.04%)Price Action: 16 May 2024 High
Current Price3914.10 MCX of India's 1 share price as of Tue 18 Jun 2024
Stop Loss 13895.00 (-0.49%)Price Action: 13 Jun 2024 High
Stop Loss 23882.94 (-0.8%)Price Action: 28 May 2024 High
Stop Loss 33861.00 (-1.36%)Price Action: Jun 2024 Low

Summary: MCX of India Share Price Prediction For Tomorrow

Tue 18 Jun 2024: MCX of India finished the day at ₹3914.10, gaining ₹4.21 (+0.11%) in 1 day.

In summary, our analysis of MCX of India for tomorrow predicts a rise of 1.04% to 3.47% with three potential targets T1: ₹3955.00, T2: ₹4002.73, T3: ₹4050.00 and Stop-Loss (SL) at SL1: ₹3895.00, SL2: ₹3882.94, SL3: ₹3861.00.

Additionally, we've identified a support level at ₹3861.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹3948.60, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

After looking at tomorrow's share price prediction, let's now check what next week might hold for MCX of India.

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Chart: MCX of India Share Price Target - Next Week

 MCX of India Targets For Next Week Chart

The chart displays the MCX of India weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for MCX of India shares for next week, see the table below.

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Table: MCX of India Share Price Target - Next Week

By analyzing MCX of India stock with today and past crucial price points and technical indicators we derived following targets for the next week!

MCX of India's LevelsValueReason/Importance
Next Week Target 34082.19 (+4.29%)Price Action: Apr 2024 Low
Next Week Target 24037.15 (+3.14%)Fibonacci Extension Level 123.6%
Next Week Target 13995.25 (+2.07%)Custom Fibonacci Extension Lvl 23.6%
Current Price3914.10 MCX of India's 1 share price as of Tue 18 Jun 2024
Stop Loss 13882.94 (-0.8%)Price Action: 28 May 2024 High
Stop Loss 23832.94 (-2.08%)Price Action: 14 Jun 2024 Low
Stop Loss 33784.07 (-3.33%)Fibonacci Retracement Level 50%

Summary: MCX of India Share Price Prediction For Next Week

As of Tue 18 Jun 2024, MCX of India share price stands at ₹3914.10, gaining ₹4.21 (+0.11%) in this week.

In summary, our analysis of MCX of India for next week predicts a rise of 2.07% to 4.29% with three potential targets T1: ₹3995.25, T2: ₹4037.15, T3: ₹4082.19 and Stop-Loss (SL) at SL1: ₹3882.94, SL2: ₹3832.94, SL3: ₹3784.07.

Additionally, we've identified a support level at ₹3861.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹3948.60, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for MCX of India.

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Chart: MCX of India Share Price Target - Next Month

 MCX of India Targets For Next Month Chart

The chart displays the MCX of India monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for MCX of India shares for next month, see the table below.

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Table: MCX of India Share Price Target - Next Month

By analyzing MCX of India stock with today and past crucial price points and technical indicators we derived following targets for Next Month!

MCX of India's LevelsValueReason/Importance
Next Month Target 34267.42 (+9.02%)Price Action: Chart
Next Month Target 24187.85 (+6.99%)Price Action: Chart
Next Month Target 14146.39 (+5.93%)Price Action: Apr 2024 High
Current Price3914.10 MCX of India's 1 share price as of Tue 18 Jun 2024
Stop Loss 13854.00 (-1.54%)Price Action: 27 May 2024 High
Stop Loss 23814.94 (-2.54%)Price Action: 03 Jun 2024 High
Stop Loss 33755.05 (-4.07%)Price Action: 28 May 2024 Low

Summary: MCX of India Share Price Prediction For Next Month

As of Tue 18 Jun 2024, MCX of India share price stands at ₹3914.10, gaining ₹282.75 (+7.79%) in this month.

In summary, our analysis of MCX of India for next month predicts a rise of 5.93% to 9.02% with three potential targets T1: ₹4146.39, T2: ₹4187.85, T3: ₹4267.42 and Stop-Loss (SL) at SL1: ₹3854.00, SL2: ₹3814.94, SL3: ₹3755.05.

Additionally, we've identified a support level at 3861.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 4074.00, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for MCX of India, we created a specific page for that check here: MCX of India Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on MCX of India short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Multi Commodity Exchange of India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter