Tuesday, March 12, 2013



MCX has been my favorite stock from the time I get it in IPO. MCX made life time highs of 1617.90 with hopes of facilitation starting for equity trades. Now stock corrected almost to 42% from its life time highs. Its life time low is at 838 levels.

Stock was dripping down day by day and may reach to its life time lower levels of 838. Stock is over sold. Look for reversal signal and buy the stock as portfolio stock.

It is not for a quick trade. But goos to add to your portfolio for longer term gains.

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