Signal Desk · Markets

MCX looks bullish on charts, says Chandan Taparia

2026-10-28 · 1 source · Business Standard Markets

In short

MCX looked stronger on the charts in the latest market view. The summary says it made a bullish candle, moved back above the 50-DEMA, and started making higher highs.

This matters because traders may see renewed buying interest. The reporting does not give more detail on Bharti Airtel or Laurus Labs.

What the reporting says

MCX looks bullish on charts, according to Chandan Taparia of Motilal Oswal. The publisher-supplied summary says MCX formed a bullish candle, reclaimed the 50-DEMA and began making higher highs, which it says points to renewed buying interest. Bharti Airtel and Laurus Labs are also named in the headline, but the available reporting does not provide details for them.

Why it matters

MCX is the only stock with specifics in the available summary, which says it formed a bullish candle, reclaimed the 50-DEMA and started making higher highs. The note attributes the view to Chandan Taparia of Motilal Oswal. Bharti Airtel and Laurus Labs are mentioned in the headline, but no supporting details were provided in the source snippet, so their setup is not stated.

Touches: MCX, Bharti Airtel, Laurus Labs, Motilal Oswal, Markets, Companies

Sources