50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
MMP trade ideas
MMP - Bullish oNStock name - Mmp Industries Limited.
✅#MMP
✅Next resistance 484
✅Moved 47% in 29 weeks.
Weekly chart
Chart is self explanatory everything.
Master score -B
Disclaimer : This is for demonstration and education purpose only. This is not buying and selling recommendation. I'm not SEBI registered.
MMP Industries LtdMMP Industries Ltd is engaged in manufacturing of aluminium power/ pastes, aluminium conductors and aluminium foils.
The Co. is engaged in manufacturing various aluminium products. Its product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium foils, aluminium pastes, aluminium conductors & cables.
MMPStock name = Mmp Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Good for Long viewStatistical Brief
Market Cap₹ 213 Cr.
Current Price₹ 83.8 High / Low₹ 109 / 44.0
Debt to equity0.07 EPS₹ 5.52 ROCE13.2 %
ROE10.2 % ROE 3Yr16.4 % ROE 5Yr18.8 %
Return over 1year43.2 % Return over 3years% Return over 5years%
Profit after tax₹ 14.0 Cr. Profit Var 3Yrs10.5 % Profit Var 5Yrs36.9 %
Promoter holding74.5 % Pledged percentage0.00 %
Stock P/E15.2 Industry PE15.5
Current Resistance @ 100 Trend Neutral
Target - First 116 Target - Second 160
Support 80