Monday, September 28, 2015

Volume Toppers stock analysis-Nestle and MCX




Nestle is volume topper with no significant change in price. But, After looking at intraday chart, its clear that volume spikes is only on buying and that means Nestle is Bullish for short term


But its at strong resistance at 100 MA @6260, so if breaks this level with volumes then tgt of 6550+

Exit at SL of 6155


MCX strategy



MCX also among volume toppers list looks faced resistance @20 MA of 957, above that it should hit 1010 within a week

SL can be kept at 938

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