MTARTECH trade ideas
MTAR TECHNOLOGIES LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Short Tem - Mid Term Investment Idea MTARTECHMTARTECH LTP : 1722
Targets: 2000/2200/2400/2600/2800/3000🤞🏻
May add more on dips till 1500-1350
For investors with a long-term perspective and the ability to add on dips or hold calmly.
Time Frame: 2 to 6 months 🤞🏻
Trade as per your risk management and investment plan.
MTARTECH Surges! Long Trade Hits All TargetsMTAR Technologies (15-Minute Timeframe): All Targets Hit!
Trade Details:
A textbook long trade setup on the 15-minute timeframe, perfectly executed using the Risological Trading Indicator . The trade delivered outstanding results with all targets achieved.
Key Levels:
Entry: 1583.90
Stop Loss (SL): 1570.45
Take Profit Targets:
TP1: 1600.50
TP2: 1627.35
TP3: 1654.25
TP4: 1670.85
Performance Analysis:
The strong uptrend, confirmed by moving averages and consistent bullish momentum, aligned with the indicator’s signals. The precise entry point and systematic target levels ensured maximum profit extraction.
Trade Outcome:
Every profit target was hit, reflecting the robustness of the strategy. Traders capitalized on a swift and powerful move, making this trade a standout performer.
Stay tuned for more opportunities like this with the Risological Indicator!
MTARTECHNSE:MTARTECH
PSU STOCK
FALL 40% FROM ALL TIME HIGH
MTARTECH
BUY ONLY ABOVE 1780 CLOSING TARGETS-2145,2560,2910
SL- 1677
IF 1677 BREAK AND SUSTAIN AT LOWER LEVEL THEN WE CAN SEE 1190-1214 LEVELS,
YOU can see All possible support and resistance levels on chart
Disclaimer:- This is my Personal views for only education purpose. So Please consult your financial advisor before any investment.
Investments in securities are subject to market risk.
#psustocks #stockmarket #equitymarket #investment #mtartech #sharemarket #portfolio
MACD Crossover - MTARTECH📊 Script: MTARTECH
📊 Sector: Aerospace & Defense
📊 Industry: Engineering
Key highlights: 💡⚡
📈 Script is trading at middle band of BB.
📈 MACD is giving crossover.
📈 Script may fill the gap.
📈 Right now RSI is around 50.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1911
🟢 Target 🎯🏆 - 2071
⚠️ Stoploss ☠️🚫 - 1828
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
MTAR Tech Big Breakout is coming - Defence ThemeMTAR Tech Big Breakout is coming - Defence Theme
Stock is breaking out from long time resistance with Defence Sector in Demand.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Trading involves significant risk and may result in the loss of capital. Always conduct your own research or consult a financial advisor before making investment decisions. I am not responsible for any actions taken based on this analysis.
MTARTECH - going for Gap fill on the upsideMTARTECH has two gaps(to the upside) on the daily chart.
First gap fills around 2030-35 area which is currently being filled slowly. Entry from here(CMP 1930) would still get 100 points when the gap fills.
We have another gap on the same daily chart that goes from 2360-2535 but this would take time to fill.
Currently I am long towards the 1st gap fill area of 2030
MTARTECH Recently the company has been in a down trend because of poor performance. But if you read companies statement then the reason for this result is problem in supply chain. So this being a external issue.company should see a sharp turn after it reaches the 1300 Target.
And we can take a long position from here .
Fresh Uptrend in MTARTECHStock Analysis
MTARTECH is starting a new trend after a significant correction.
An ABCD pattern has been identified, signaling the beginning of a fresh uptrend.
Volume is increasing along with price appreciation, indicating strong buying interest.
A strong base has been formed, supporting the new trend.
Trading Strategy
Target and Stop Loss: All levels for shorter and longer duration trades are mentioned on the chart.
Trade Recommendation: Consider positional trading based on the chart analysis.
This setup looks promising for both short-term and long-term trading. Trade with confidence!
Mtar TechLooking really good for a reversal as most of the defense stocks have already given a runup,this one might be the one for a perfect entry before the rally!
Pros
Daily volumes
Bouncing back from 1/1 levels and Gann levels at 1906.7
Trendline BO
SL below 1900 and the targets would be the blue levels marked on the chart
Unleashing Bullish Potential in MTAR Technologies' Ascending TidAs we delve into the captivating world of MTAR Technologies Ltd., a pioneer in the manufacturing sector since 1970, it becomes evident that this company has not only weathered the test of time but also demonstrated an impressive resurgence in recent market activity.
With a diverse portfolio spanning energy, nuclear, space, aerospace, defense, and other engineering sectors, MTAR Tech stands out as a formidable player within India's industrial landscape.
The current momentum of MTAR Tech shares offers compelling evidence of a promising future. As the stock rebounds from a robust support trendline on the weekly time frame, investors may take heart in the fact that this technical indicator suggests stability amidst fluctuating markets. Moreover, the stock has recently breached previous resistance levels, transforming them into newfound supports—a clear sign of strengthening investor confidence.
Furthermore, the broader peer group performance indicates a positive trajectory, suggesting that MTAR Tech could benefit from favorable industry trends. This confluence of factors creates a fertile environment for growth-oriented traders seeking opportunities in the Indian equity market.
In terms of valuations, MTAR Tech appears to offer attractive entry points for both seasoned and novice investors alike. Given the stock's current position around Rs. 2000, there exists a viable opportunity to capitalize on further upside potential should prices break through the next identified resistance level at approximately Rs. 2015.
For those willing to wait patiently or adopt a more aggressive approach, targets exceeding Rs. 2400 appear achievable based upon historical price action and fundamental considerations.
While no investment strategy guarantees success, MTAR Tech presents itself as a well-positioned contender in today's dynamic financial climate.
By carefully monitoring the stock's progress against key technical indicators and remaining cognizant of broader economic conditions, investors stand poised to profit from this burgeoning enterprise's continued ascension.
MTAR Technologies bottoming outPattern looks like price is moving inside an ascending channel but it is a rising wedge pattern of cycle degree (abcde) with each primary wave forming 3 wave formation (ABC).
Good to buy around 1620 for a target of 3250 with SL at or below 1450. (Approx. 100% ROI)
Stop loss is mandatory.
Technically RSI is in highly oversold territory.
Fundamentally company has shown good revenue growth and net profit has declined due to margin pressure.
Do your own due diligence before taking any action.
Peace!!
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MTAR Technologies Ltd
Targets mentioned in chart - SL 2000
30 Aug 2023: MTAR Technologies Limited Receives the Defence Industrial License for Production of Various Mechanical and Electronic Subsystems
Market Cap
₹ 7,308 Cr.
Current Price
₹ 2,376
Stock P/E
68.0
Book Value
₹ 202
Dividend Yield
0.13 %
ROCE
22.2 %
ROE
17.9 %
Face Value
₹ 10.0
Promoter holding
39.1 %
EPS last year
₹ 33.8
EPS latest quarter
₹ 6.44
Debt
₹ 143 Cr.
Pledged percentage
6.64 %
Net CF
₹ -47.3 Cr.
Price to Cash Flow
825
Free Cash Flow
₹ -97.0 Cr.
Debt to equity
0.23
OPM last year
26.9 %
OPM 5Year
28.8 %
Reserves
₹ 590 Cr.
Price to book value
11.7
Int Coverage
9.16
PEG Ratio
0.85
Price to Sales
11.5
Sales growth 3Years
38.9 %
Profit Var 3Yrs
48.3 %