MCX finding strong trend line resistance around 1117, bulls action expecting once stock closes and holds above.

MCX share price forecast
mcx share price forecast

Advertisements

Stock finding strong trend line resistance at current levels @ 1117. technical chart indicates we can see bulls action once stock closes and holds above 1117. As long as it holds below its trend line bears will be favored and fall expecting. Intraday we can see bulls action once stock holds above 1117. Visit this page for mcx share price forecast.

Stock for today’s trading (17-07-17) down by Rs. 5.60 (-0.51%) at Rs.1091. Share price of MCX opened 1098 made an intraday high 1106.20 and low of 1086.60. Total traded volumes were 118693. MCX 52 week high 1420 and 52 weeks low 925. Stock major support at 1047, 967. And stock major resistance 1117, 1135. Suggested link – Visit link to see Titan share price forecast.

Advertisements

Edelweiss maintains buy call on MCX. Edelweiss says “Given structural volume growth visibility (though now deferred beyond FY18), operating leverage benefits and MCX’s entrenched leadership, we maintain buy on the stock”. Report published on NDTV Profits.

Advertisements

Leave a Reply

Your email address will not be published. Required fields are marked *