MMTC trade ideas
MMTCThe 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 understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
MMTC:: Wait to Break the Horizontal Resistance LineMaking Flag pole pattern, could be a good buy if closes above the horizontal line marked over the chart
Note: This analysis is only for educational purpose no recommendation for Buy
MMTC BREAKOUT AND RETESTIDEAL TRIANGLE BREAKOUT AND RETEST COINCIDING WITH 20EMA.CAN BE BROUGHT NEAR 64 FOR A TARGET OF 70 WITH A SIL OF 62
