MCX

MCX makes for an interesting chart. Of course, we are talking about the stock and not the exchange. It fits inside a channel and can be marked as 1-2-3-4 so far inside it. Then from the lower end of the channel at 1561 we are in the 5th wave up closing above the MA's at 1618, if prices continue to travel inside a channel then we should be looking at 2320 near the top end of the channel as the pole position.