MCX shares a buy at today's price? When will BEL's time-wise correction end?
Speaking at Daily Calls on Business Today Television (BTTV), Jain said Bharat Electronics Ltd (BEL) is facing a time-wise consolidation and is taking support at key long-term moving average.
- May 14, 2026,
- Updated May 14, 2026 4:02 PM IST
Nilesh Jain, Head Derivatives and Technical Research at Centrum Broking believes Multi Commodity Exchange of India Ltd (MCX) could be bought in a staggered manner, on any dips towards the Rs 3,000-2,800 range. Speaking at Daily Calls on Business Today Television (BTTV), he said Bharat Electronics Ltd (BEL) is facing a time-wise consolidation and is taking support at key long-term moving average. He advised investors to stay put on the stock.
MCX: Should I buy this stock at prevailing level from a 2-year time horizon?
On a query by a viewer by the name Mohit Yadav, Jain said one should be a bit cautious on MCX shares at present. Jain said the stock is not in a weak trend, instead in a secular uptrend, and a follow-up move towards Rs 4,000 is possible. But one's approach to this stock should be buying it in a staggered manner. He said levels of Rs 3,000-2800 is the range one can accumulate this stock adding that the stock has potential to see Rs 4,000-4,500 in the given timeframe.
BEL: Should one hold or exit this defence play? On a query by a viewer from Rishikesh, who has 1,300 shares at an average of Rs 444 per share, Jain said the stock has been consolidating for sometime. This consolidation is time-wise in nature. The good thing, he said, is the fact that the stock is taking support from its 200-day moving average. As long as the stock is holding up Rs 414 level, a pullback towards Rs 440-450 is a possibility. Jain advised the investors to have patience, place a stop loss at Rs 214 and look for targets around Rs 450 level.
Here's full video:
Here's how you too can participate LIVE in Daily Calls show every trading day at 12 pm on Business Today Television (BTTV) to get answers to stock specific queries:-
-WhatsApp number: 7303080488 | You can send us your questions along with your name, location, and your contact details.
-YouTube: You can use the YT comment section to send us your stock queries.
-You can gain invaluable insights and clarity on your market queries through our LIVE sessions featuring expert analysts.
(DISCLAIMER: The views/advice/suggestions expressed in the video are solely by market analysts & investment experts. Please consult your investment advisers before making any financial decisions.)
Nilesh Jain, Head Derivatives and Technical Research at Centrum Broking believes Multi Commodity Exchange of India Ltd (MCX) could be bought in a staggered manner, on any dips towards the Rs 3,000-2,800 range. Speaking at Daily Calls on Business Today Television (BTTV), he said Bharat Electronics Ltd (BEL) is facing a time-wise consolidation and is taking support at key long-term moving average. He advised investors to stay put on the stock.
MCX: Should I buy this stock at prevailing level from a 2-year time horizon?
On a query by a viewer by the name Mohit Yadav, Jain said one should be a bit cautious on MCX shares at present. Jain said the stock is not in a weak trend, instead in a secular uptrend, and a follow-up move towards Rs 4,000 is possible. But one's approach to this stock should be buying it in a staggered manner. He said levels of Rs 3,000-2800 is the range one can accumulate this stock adding that the stock has potential to see Rs 4,000-4,500 in the given timeframe.
BEL: Should one hold or exit this defence play? On a query by a viewer from Rishikesh, who has 1,300 shares at an average of Rs 444 per share, Jain said the stock has been consolidating for sometime. This consolidation is time-wise in nature. The good thing, he said, is the fact that the stock is taking support from its 200-day moving average. As long as the stock is holding up Rs 414 level, a pullback towards Rs 440-450 is a possibility. Jain advised the investors to have patience, place a stop loss at Rs 214 and look for targets around Rs 450 level.
Here's full video:
Here's how you too can participate LIVE in Daily Calls show every trading day at 12 pm on Business Today Television (BTTV) to get answers to stock specific queries:-
-WhatsApp number: 7303080488 | You can send us your questions along with your name, location, and your contact details.
-YouTube: You can use the YT comment section to send us your stock queries.
-You can gain invaluable insights and clarity on your market queries through our LIVE sessions featuring expert analysts.
(DISCLAIMER: The views/advice/suggestions expressed in the video are solely by market analysts & investment experts. Please consult your investment advisers before making any financial decisions.)