Trade Setup – MCX, AXISBANK, APLAPOLLO, MFSL & More

MCX Could Hit ₹10,300 Soon

MCX has completed its corrective Wave 4 near 7304 and is now setting up for the next bullish leg Wave 5. The key breakout level to watch is 8437, and a sustained move above this can trigger strong upward momentum. This structure suggests that the correction phase is over and buyers are regaining control. Long targets for wave 5 are 9200 – 9600 – 10300+

NSE MFSL – Is the Flag Pattern Signaling a Rally?

NSE MFSL has decisively broken above the key resistance level of 1597, confirming strength on the charts. The bulls have already breached the corrective channel, and the overall structure resembles a flag pattern on the daily timeframe. Additionally, the ATR has increased to 35.41, signaling higher volatility, while the ADX at 16.82 indicates that the trend strength is still developing.

If price sustains above 1587, traders can long for the following targets: 1642 – 1695 – 1748+.

Free subscribers can take previous day’s low as invalidation level.

NSE UJJIVANSFB – Breakout Setup

NSE UJJIVANSFB is trying to break out of a falling trendline after staying in a long consolidation. The stock is taking good support from the EMA zone, which shows strength as it keeps making higher lows. The recent price rise with strong green volume shows fresh buying and a shift towards bullish momentum. If the stock closes above the trendline resistance, it can move to higher levels. 45 may act as a strong support if price pulls back.

If price sustains above 47, traders can trade for the following targets: 48 – 50.6 – 52.41+.

Free subscribers can take previous day’s low as invalidation level.

NSE AXISBANK FUT – High Confidence Setup

NSE MOSCHIP – High Confidence Setup

NSE APLAPOLLO – Premium Setup