NSE:MMTC MMTC Gives brake out on daily chart. Buy Near 80 Sl 72 Target 98 Time duration 1 month Risk Reward Ratio ---- 1 : 2 Profit on capital Ratio ---- 20%+
MOSCHIP CMP 90 TGT 113 ++ SL 80 Return ~ 25% TF 6months RR >2.2 BSE:MOSCHIP #MOSCHIP Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
MMTC is looking good for a reversal and hold for the target of 80-85. If it breaks the resistance then we can expect a new rally for 100+ Keep your NOTE: Study before investing into the stocks.
MMTC is hovering around it's multi-year breakout zone. Above 72 it can bring another milestone of 100-120. Other scenario, it can consolidate for a week or two after breakout.
MMTC Ltd. CMP – 59.95 Market Capitalization Rs 8,992.5Cr Red Flags:🟥 High Valuation (P.E. = 51.7) Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Improving cash from operations annual Previous Happy Candles Number – 36/100 New Happy Candles Number – 81/100 Fresh Entry/ averaging / compounding after closing above...
NSE:MMTC has given a breakout above level of 31 which is almost after 1.5 months. As per my analysis, it is the best time to take buy entry at level of 31 with stop loss of 26 (-5 points risk). My expected upside target would be 34.50 (+3.50) & 41 (+10). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
As per technical analysis, my ides is to go bullish on NSE:MMTC It is the right time to enter at the level of 37.40, then hold positional up side target of 38.80, 40.20, 42.30 & 43.70 My stop loss will 35.50. It would be best risk and reward ratio. Note: This is my personal analysis, only for learning. Thanks.
📊 Script: MMTC (MMTC LTD) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Services 📊 Industry: Commercial Services & Supplies Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. 📈 Script has...
Pure Price Action . Entry after 71.15 . Fundamentally strong company with poor records as of Corona . Technically bullish if breakout happens .
MMTC EQUITY levels ...24/06/2021 (D candle)
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on 30 min TF hence price may take few days in order to reach the targets. Trade setup is explained in image itself. To understand why the marked zone of Double Bottom is important, check the below image - For larger perspective and understanding the huge...
The stock has formed a flag pattern on a daily chart and today's movement indicates a flag breakout. The stock has a 52-week high of ~52.55 which is expected to be tested in the April series. Levels: Buy - CMP or place a GTT order for purchase at 44.80 T1 - 47+ T2 - 49+ SL - 42.75 NOTE: These findings and levels are purely based upon the knowledge and...