MMTC LTD
Long

MMTC - Double digit stock + Trendline Breakout

221
๐Ÿ“Š Script: MMTC (MMTC LTD)
๐Ÿ“Š Nifty50 Stock: NO
๐Ÿ“Š Sectoral Index: NIFTY 500
๐Ÿ“Š Sector: Services
๐Ÿ“Š Industry: Commercial Services & Supplies

Key highlights: ๐Ÿ’กโšก

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ Crossover in MACD .
๐Ÿ“ˆ Already Crossover in Double Moving Averages.
๐Ÿ“ˆ Volume is increasing along with price.
๐Ÿ“ˆ Script has given Trendline Breakout.
๐Ÿ“ˆ Current RSI is around 69.
๐Ÿ“ˆ MMTC Consolidation near the breakout region.
๐Ÿ“ˆ Rejection 3-4 times and then breakout.
๐Ÿ“ˆ Green volume spikes in volume.
๐Ÿ“ˆ Showing momentum in weak market.
๐Ÿ“ˆ One can go for Swing Trade.

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 44.10
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 50
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 41

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

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