MMTC - Daily chartNSE:MMTC
Technical analysis: MMTC (Daily) Chart only for educational purpose
MMTC taking support between trend line, if its break upwards or downward then will update new targets.
Support and resistance available in chart
My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1. Target – 45.85
2. Target – 47.10
3. Target – 51.35
4. Target – 55.30
5. Target – 58.75 Final
I have also some shares in my portfolio and my upcoming targets given above.
Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
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.