MCX shares, up 26% YTD, face short-term volatility after a strong run and stock split news. Analyst sets a ₹12,000 long-term target, with key support at ₹7,000-7,050 and 200 EMA at ₹6,500. Sustaining above ₹9,100 could trigger fresh upside momentum; below support may offer buy-on-dip opportunities.