MMTCPositional / Swing Trade opportunity in MMTC
CMP: 72.80
ENTRY: From 68-71
SL: 60
Target 1: 85
Target 2: 120
DISCLAIMER: Not Financial Advice. Only for Educational Purposes.
Invest at your own risk
MMTC
MMTC DOUBLE BRAKEOUT ON DAILY CHARTNSE: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 90 TGT 113(25%) SL 80 Recommended Buy - Rachit SethiaMOSCHIP 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. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
MMTC Hammer!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.
MMTCMMTC 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 trying to gain the lost mojoMMTC 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 61.81
Targets: 62.10 and 67.25
Long term target: 74.80
Stop loss: Closing below 49.40
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
MMTC Positional Buy IdeaNSE: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.
Positional BULLISH View on MMTC 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.
MMTC - Double digit stock + Trendline Breakout📊 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 given Trendline Breakout.
📈 Current RSI is around 69.
📈 MMTC Consolidation near the breakout region.
📈 Rejection 3-4 times and then breakout.
📈 Green volume spikes in volume.
📈 Showing momentum in weak market.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 44.10
🟢 Target 🎯🏆 - 50
⚠️ Stoploss ☠️🚫 - 41
⚠️ 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!🥂
MMTCFollowing the trend MMTC . This is just for learning and not a trading advice . Please follow the trend and go the market flow
MMTC - Mid and Long Term ProjectionPure Price Action . Entry after 71.15 . Fundamentally strong company with poor records as of Corona . Technically bullish if breakout happens .
MMTC - Ascending Triangle - Short term swing + huge potentialThe 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 potential, check out the below image -
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
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.
